IRS-REPS Status - What qualifies as Real Estate Professional?I have reviewed multiple sites blogs posts etc about REPS and found very detailed information, but one area still remains less clear for me. There are 11 ca...
I'm planning to buy my first property in milpitas near great mall. It a new construction and has 3 bed/2.5 bath. I plan to live in one of the rooms and rent out two others. Property costs about 1mil and i expect 5k m...
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
I'm exploring my options to reduce my tax burden and my CPA is recommending that I create an S-Corp to maximize the tax benefits. That sounds good to me but I'm concerned that when I'm buying properties I might run i...
Aloha Everyone! My husband and I are born and raised in Hawai'i trying to go beyond affording the "price of paradise"...We recently began investing out of state in Ohio and closed on our first property 2 weeks ago. ...
Hello everyone,I have a question that been bothering me for quite some time. I’m hoping some of you with more experience can help spread some light on the situation. I’ll try to be to the point.For years I’ve been r...
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending.
Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
So I'm in the final stages of living 100% off of my rentals. As I prepare to take the final steps (probably in the next 12 months or less) I'm trying to answer a couple nagging questions I have. First, is there any t...
My uncle quitclaimed me a home in need of repairs. I hired some contractors to do some work on it and get it ready to sell. It is now finished and ready to sell. Apparently My uncle got the property through a tax lien...