I created a new Solo 401k in 2014. During 2014 I rolled over an existing 401k, Pension, and IRA; all three held at different institutions.The first two institutions issued a 1099-R with Distribution Code: G which is ...
If I "sell" my investment property to a buyer, they take my deed along with my mortgage. How is this viewed by the IRS? Did I just avoid a big tax bill, assuming no equity transfer?
How can I lend money to my LLC without piercing the corporate veil? If I’m transferring money from personal account to LLC online should I just make sure to write “Loan 123 Main Street Project” in memo and after flip ...
Hello!I'm selling a land FSBO , and found an interested buyer. However, I am not sure what are the appropriate next steps since its a FSBO and its land.Can anyone point me in the right direction in terms of title tran...
Hello all.. new here. I’ve put up the property for sale. I live in another state, and run my air bnb remotely. I have a cleaner that takes care of almost everything. I have multiple reservations over the next few mont...
If I complete a 1031 exchange, which involves selling a property with suspended passive losses from prior years, do these transfer to the new property and continue to carry forward until I have passive gains to offset...
Are anyone familiar with using land trust in minnesota?
Just wondering what the breakdown of fees would be for the seller on a cash deal in NJ. Any input would be greatly appreciated.
Hii
- I am looking to transfer the money in my 401(k) from my previous job into a
self-directed IRA custodian to be used for real estate investing. Does anyone
have recommendations for the best custodian to use? Ar...
After the seller signs a contract to me do I send the title company the deposit or to the seller directly through e-transfer or something?