Glenn Gray
Self Directed IRA Stock Broker Account
I have a self directed ira (SDIRA) and self managed LLC, where I have cash in the checking account. Currently it's earning no return. I'm considering moving the funds to a stock brokerage account for greater returns, ...
D'Juan Thurmond
House hacking for newbies
What's up BP! I just recently purchased a house hack duplex in Upstate SC. I already set up a business account to keep my business expenses separate from my personal expenses. Even though this will be a temporary p...
Marc S.
Stessa as a Property Managment Site
Can someone confirm my understanding of using Stessa and what I plan on doing or give some advice.
I plan on using Stessa to manage my 1st property, I know most of you said it's not needed, but it's free and keeps ...
Jessica Jennings
First property accounting
Hello!We are just about to close on our first property, very excited! I have a basic accounting question. How to you guys handle property finances? This property is a duplex purchased with a conventional bank loan. We...
Page Huyette
How did you first start using your Self-directed IRA?
I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...
Eric Andrekopoulos
Investor Off loading portfolio but doesn't want to seller finance.
Hey BP Fam,
I currently have a local investor looking to exit his rental business within the next 5 years because he's older in age. So he wants to sell all of his properties. A vast majority of them have 100% equi...
Aaron Thivierge
Closing on 1st Real Estate Investment with questions.
Good afternoon. I've been a member for 4 years or so, but I got distracted for 3 of them. Now, the fire is lit again, and I'm motivated. I have been in discussion with 3 owners of a single family home that has been a...
Alexie Franck
Closing costs from 13k to 17k for $380k NJ home
Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
Eddie Starr
Which would be better: a self-directed IRA, or solo 401k? Suggested company to use?
So, in my quest to find PML, I was thinking about, initially, SDIRAs. It was during the time of doing research, that I came across solo 401k s, initially here on BP.
What I plan to do, is put on workshops in ...
Jack B.
Will my rental property sale trigger capital gains in my case?
I take it the answer is a yes because the sale and purchase price difference.I bought the house for 310K.
I can sell it for 400K.
I put 100K down when I bought it.
I recently cash out refinanced it.
After tra...