Dan D.
The two step guide to creating real estate wealth
I've read a lot and listen to almost all of the podcasts. I've analyzed numbers, and to me it comes down a simple two step program for success. Any more that this, and you're getting into the weeds.Step #1: Buy a n...
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?
Terry Koepp
Using a Self directed Roth IRA
I am looking to invest into flipping houses (all the work being done by other people) using my Roth IRA as a self directed account and have a few questions:1) What SDRIRA management company would be best for this type...
Neil Copeland
Reducing Income Tax Strategies
Need some help from some seasoned professionals. I had a great discussion with my CPA today about a number of things that I needed to know, and she really tuned me up. I will have a solo 401k soon, and I already hav...
Kevin Phu
CPA worth it for 3 months of REI
Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
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...
Deanne Bourne
Prop 19 FORCING PROPERTY SALES
Prop 19 will be implemented Feb 15 and upon your death will trigger a new evaluation of your properties for property taxes. This could force your family to sell the property to pay taxes. If they don’t move into the p...
John K.
Agent forming an LLC or S corp
I am currently taking an online course to become an agent in New York. One question I have is in regards to an LLC or S corp for tax purposes. I keep getting conflicting information on weather it is a option or not as...
Carolyn Hodo
Taxes on rental property with fiancé
Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...
Freeman Schultz
Questions about rental applications
Along with a credit report, I have read that other documents for a rental application should be included. I was wondering what are the ones that are needed with every application? I have heard from one investor that y...