Alex Gitman
Buying Bankruptcy Auction
Does anyone have experience at buying at bankruptcy auction? I want to buy minerals rights (which is real property) at one and dont know what happens to the title. It would not be a warranty deed but the trustee's dee...
Hunter Letchman
Need advice on a foreign entity conversion - LLC to Series LLC.
I own properties in GA that I will be transferring to an LLC. My question is this: what is the best entity to place multiple properties under? Should I form a new Series LLC and place all properties under it? Does ...
Greg K.
It is good to incorporate you properties when you have 3 ?
I have 3 properties and planning to buy another on or too soon. Is it good idea to register some company for that or do it under my name? All of those properties I put 20% downpayment. Looking for some advice please!!...
Gordon D.
Investing with money in SEP-IRA
Hello,I am looking to purchase a rental property with funds from a SEP-IRA, from my understanding these are the following steps:1). Setup an LLC in the state of the rental property.2). Find a self directed custodian.3...
Ryan H.
Tracking Escrow Accounts
Hello, I recently received an escrow review statement in connection with my home mortgage. Historically I've not had a separate account set up in my personal finance software (Quicken) to track the escrow account. The...
William Behm
No 1099-R issued from previous custodian after Rollover
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 ...
Aaron Duthie
Subject To Financing - Are taxes due on the "sale?"
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?
Ben C.
Personal Loan to LLC Question
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 ...
Francesca S.
What are the next steps for FSBO land sale?
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...
Vy Sen
Selling my Furnished Air Bnb
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...