I am looking at self directed IRA's using LLC's. From what I have read, this give the investor total control because the funds are at a local bank with check book control. This sounds great because it lowers the trans...
I would like to get feedback on an idea I have of playing the cash flow and appreciation at the same time but in different markets. Here is the strategy:I am thinking of investing my existing money for cash flow in a...
Hello, can someone tell me what is the best way to transfer ownership of a property from a C corp to myself personally ?
I own 100% of the shares of the C corp. I own the property free and clear.
I und...
I have a wholesale deal in the Atlanta Market, but seller wants Seller Financing to close instead of traditional full cash offer due to large “Capital Gains Tax”.My question is can I position this deal to an end buyer...
Will be purchasing Ohio real estate for rentals and flips under LLC's. Planning to use a C-Corp to hold these LLC's. Can I use a C-Corp registered in a different state with better taxes, or must I use a C-Corp regis...
Do property taxes automatically get re-assessed after you buy a property based on the purchase price you pay? If it does, how do you really evaluate a property properly?
Hey all.
I've read lots of info on this site and i think now is the time for action. I would really love to work with someone in my area who could be my mentor.
There are two areas that i have reading lots about. O...
Is there an approximate dollar amount of gain that makes a 1031 exchange worth the hassle? Is there an amount where I should just pay the tax? Another amount where there might be this gray area? Another higher amount ...
I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages. Would it be wis...
Hello everyone,My grandfather passed away about 3 years ago and my parents took over his triplex that has a VA loan on it. My parents names are also on the title from when he bought it, but the mortgage only has my gr...