Chris Sukala
IRA into physical real estate
Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?
Cass Lowrie
What's the best way to tax shelter $250K in flip profits?
In 2019, I'll fix & flip 3 properties with a total of $250K+ of profit. I just set up a Self Directed IRA but it only has $24K in it. Can I invest just $24K from the IRA and then dump all $250K of profits back i...
Stephen Hoskins
Do you think society would be better with a Land Value Tax?
I'm interested in whether any of you think that your country would be better off if it used a Land Value Tax (LVT) to replace income taxes? The basic idea is the income tax is really terrible because it punishes peopl...
Ilana Lavie
holding notes in different states under one LLC
Hello all,I'm new in the notes business and I have an opportunity to buy a pool of 4 notes in different states. I'm wondering whether it's possible to keep all of them under my LLC which is in Florida. It means that I...
David Hite
Taxes on Interest, any benefit to buying late stage notes?
Good afternoon everyone! So in my self-education on notes, of course learning about that the interest portion of payments are taxes as normal income (assuming no self-directed IRA situation). Is there any strategy t...
Antonio Wade
How To Analyze A Carwash
BiggerPockets,I am new to investing on commercial properties. I came across a self serve car wash for sale. If anyone could provide insight on how to evaluate or analyze the property that would be very helpful. Thanks.
Akash Y.
Canadian investing in USA. LLC or personal name?
just like the title says should I purchase homes in my personal or under entities like an LLC.
I have read if I use an LLC I will get double taxed in the USA and in Canada
Does anyone know if this is true or not I a...
Brian Joseph
Looking for advice from agents
Hi all, I'm looking for some advice from all the agents out there who also invest. I am 36 and do not have a w2 job at the moment. I want to transition into investing full time. What do you think about becoming an age...
Char Bacheh
didnt take a wage from my s-corp
i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?
Bobby Burris
Should I go for it
So I recently just purchased my first rental property. It's owned free and clear no debt but has taxed my expendable capital. I have an opportunity with an investor willing to invest in my rental business for another ...