Jennifer S.
Self Directed IRA Cashflow
I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
Joseph Bennett
Advice on if my wife and I's finances are ready to buy 1st MF.
I've been researching and saving for 3 years now. I'm fully convinced real estate is the way to go. My wife and I are already invested in a gym and making returns on that. We have $22k in the bank and want to buy a mu...
Leanne Shum
Financing Multiple Properties in Canada
Hi all,I posted something similar in the general financing section but some fellow members suggested I posted in the Canadian section for more specific answers as I am Canadian.I am very new to real estate but am very...
Dane C.
Short Term Rental Tax Loophole for Physician
I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...
Chris Rizzo
Advice on buying your own commercial office space
I own my own business and was looking into possibly buying our office space. We are locked in to a very good lease (with 3 years left and a possible 3 year tenant option to renew) which is making it tough for our lan...
Rob Randle
My Business Plan - Feedback Appreciated
Background: I'm in my mid 20's and acquired a my first rental six months ago. I currently work in corporate America and will be self managing my properties.Strategy: Buy and hold.Goal: To make real estate my sole sou...
Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Justin Wren
Your income?
I'm looking to start developing rentals for passive income. I hear on the podcast, and other podcasts, about developing rentals and people talking about how much they made on flips. But I don't really hear much about ...
Wendy Wood
On having multiple mortgages
Hi everyone! I'm a brand spankin' newbie at all of this. I'm still in the learning-all-I-can phase, really. Something I've observed in listening to the podcast and reading all the articles is how investors are getting...
Glenn N.
Taxes with hard money lenders
How do hard money lenders that do not put them selves out to the public and lend only to 3 individuals I know that have LLC's. You pay federal taxes , how about local taxes ? The llc's are in Florida but I live In Tex...