Todd Magin
Transferring Equity Investment From Solo401K into Roth
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
Alex Huang
A few questions on Sheriff Sales
I'm not familiar enough with Sheriff Auctions, but I found a few properties that I have interest in and am curious if there are any strategies to acquiring the property before it reaches auction.The auctions aren't sl...
Dan Miles
Hey HEY from Fuquay-Varina, NC!!
Hello bigger pocket people!I'm Dan from PODUNK North Carolina. I'm a happily married man and new father. My daughter was born Dec. 27. YAY! And I might add that I was able to claim her for the the entire year on m...
Hubert Chen
Strategy for offseting passive rental losses for my active flips?
I am a full-time flipper. My wife and I just started acquiring rental properties and I want to offset the passive rental loses against my active flip income. I thought I just had to have 750 hours in my real estate pr...
Jamie Garcia
Opening my Real Estate LLC
If one lives in Los Angeles and is planning on buying property in state and out of state Ex: Ohio, North Carolina, Florida, (just to name a few). Do I start my LLC in California then use it to buy out of state in thos...
Stanley Cenatus
How to buy forclosed property from bank that no longer exists?
I am fairly new to the real estate game so pardon my poor description of this situation. My father lost his investment property in 2008 to the bank. He explained to me that the very same bank who foreclosed his proper...
Lizanette Velez
Tax Question - Improvements and "Placed in service" date
HI everybody! Newbie here from Maryland, loving REI everyday more!! I read some previous posts on this topic but still somewhat confused. (I hope to add a CPA to my team pretty soon). I have two scenarios that wil...
Sam Shah
Considering a property in Hartford, CT area
Hi Everyone,We are considering purchasing a 12 unit property in Hartord, CT area. We don't live in the area. We live upstate NY. We have a good agent who has sent this deal our way. I'm just doing some due diligence i...
Sheila Reyes
No LLC- First Investment
Hi BP Members! I'm on the way to getting my first MFR (fingers crossed) and am currently starting attorney review. I was wondering how can I start running things like a business without an LLC? I understand that accor...
Jermaine Gourdine
TAX LIENS AND DEEDS (INFORMATION NEEDED)
Hello BP,I am currently a landlord for my duplex but, I recently have some interest in tax lien and deed properties. This past weekend I went to a seminar about this process but I am not interested in paying $4,000 t...