Hello,I am looking to purchase a rental property with funds from a SEP-IRA, from my understanding these are the following steps:1). Setup an LLC in the state of the rental property.2). Find a self directed custodian.3...

Hello, I recently received an escrow review statement in connection with my home mortgage. Historically I've not had a separate account set up in my personal finance software (Quicken) to track the escrow account. The...

I created a new Solo 401k in 2014.  During 2014 I rolled over an existing 401k, Pension, and IRA; all three held at different institutions.The first two institutions issued a 1099-R with Distribution Code: G which is ...

If I "sell" my investment property to a buyer, they take my deed along with my mortgage. How is this viewed by the IRS? Did I just avoid a big tax bill, assuming no equity transfer?

How can I lend money to my LLC without piercing the corporate veil? If I’m transferring money from personal account to LLC online should I just make sure to write “Loan 123 Main Street Project” in memo and after flip ...

Hello!I'm selling a land FSBO , and found an interested buyer. However, I am not sure what are the appropriate next steps since its a FSBO and its land.Can anyone point me in the right direction in terms of title tran...

Hello all.. new here. I’ve put up the property for sale. I live in another state, and run my air bnb remotely. I have a cleaner that takes care of almost everything. I have multiple reservations over the next few mont...

If I complete a 1031 exchange, which involves selling a property with suspended passive losses from prior years, do these transfer to the new property and continue to carry forward until I have passive gains to offset...

Are anyone familiar with using land trust in minnesota?

Just wondering what the breakdown of fees would be for the seller on a cash deal in NJ. Any input would be greatly appreciated.