Ryan Cooper
Yearly fees on Self Directed IRA (SDIRA)
One of the books I'm reading says that it's best to pay the SDIRA yearly fees out of pocket to maximize the amount of money.Now, I'm sure the transaction fees of an investment have to be paid by the SDIRA but is it st...
Christian Bors
Just hit 100 votes!
100 votes may not seem like much, but it was a goal I set out to achieve several weeks ago. When I first joined BP 2.5 years ago, I wanted to be a frequent poster. However, at the beginning I didn't really have much...
Jennifer Knestrick
Retirement plans for landlord with 1099 income
I have been a w-2 employee until recently, investing in real estate on the side. I’ve left that work, and plan to self-manage apartment buildings I own, formalizing that as a 1099 employee of each LLC. All LLCs have p...
Xaker Abhishek
Roth IRA as an emergency fund?
Hello all!
I am a very fresh investor and really need your help. I was thinking about maxing out my Roth IRA because I have some amount sitting in my regular checking account which is losing its value over time. I kn...
Ndy Onyido
Add Value, and Money Will Follow
Dear BP members,Let me seize this opportunity to wish you all a Merry Christmas and a prosperous investing for the year 2015. I joined this blog about two months ago and within this period have gained tremendous know...
Shane Elias-Calles
401k w/ 6 year vesting schedule
Hello Everyone,My employer is currently offering me a 401k plan with a 3% match, the only problem is that the vesting schedule does not recognize 100% of the company's match until 6 years has passed. There is some hes...
Mike D.
Operating Agreement for One Property?
I have an investor who wants to be a silent investor in one property with me. I would actively manage the property and he would simply supply the capital and receive dividends for the next five years. He would contrib...
Brad Thomas
How do you document/establish the tax basis for your properties?
I bought my 9th property (a five-unit apt building) about a year and a half ago. All of my previous properties were basically self-sustaining after I put in the initial contribution for purchase. So all bills were pai...
Angelica Frias
Transferring money to an LLC
Hello all, I am starting to learn about investing in real estate and I am currently working with a group to learn from each other and start investing together.. I have heard that it can get messy for various reasons. ...
Andy K
How to use personal funds to invest using a corporation?
Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...