William C.
Education On Passing Through Tax Losses to Offset W-2 Income
I understand this has the potential to be a complex discussion and consulting with my CPA will ultimately be the thing to do, but I am very curious what other's are doing in this space, thus coming the forum. After re...
Vernell D Watson
Request everyone's opinion reference cash flow.
Hello Everyone,I have a quick question. Does it makes sense to buy a multi family home for 180K that will cash flow $1100 a month after the mortgage, taxes and insurance is paid? It's a two unit property and each unit...
Abdul Rauf M.
Who is the Expert and Authority in Tax Lien and Deed here?
Hi guys,
My partners and I are in the midst of closing on a fund whose mandate is in buying liens and deeds from the Tax Sale across the country, in bulk and we are looking at hiring an American expert in the said fi...
Jeff Weissman
Can self-directed IRA buy/sell real estate?
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?
Ty Hines
HELP! I want to wholesale a tax lien property!!!
Hello all,
The other day I ran across a property that sits in a very nice neighborhood.The house is abandoned and in need of repair. I did my research and after a few calls got in contact with the owner. He informed ...
Soh Tanaka
Selling/Buying a House Under LLC Using 1031
Hello All,I am considering selling a property that is owned by LLC (IL LLC), and buy another one in another state. The problem is, I don't want that particular LLC to buy a property in another state. But my understand...
Marian Smith
Auction tip...learn from my experience
Just wired funds to close on my second auction purchase...2 years after last auction purchase. Yea!
My beef: To add to the 1) exorbitant 2.5k auction fee (which I got mostly back at auction close on my first auction ...
Account Closed
Did I find a potential gold mine?
Hi all, Sorry for the odd title. Haha. Not sure what else to title it. I was browsing a tax map to look at a lot of raw land I will be purchasing from a family member for a personal residence. I decided to view the ot...
Mark Dante
Real Estate Professional Tax Loophole - holdings in a trust
Question for the CPA's - Person A is setting up a trust for estate planning purposes. Person B will be the beneficiary of that trust upon the death of Person A. The assets of the trust are primarily income producing...
Roger Deweese
Self manage STR through checkbook IRA?
Hi all,New here and looking into investing in short term rentals but have lots of questions. I have $140,000 in a ROTH that I would like to convert into a checkbook IRA and self manage both the ROTH and the properties...