Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 07/20/2018
Best way to set up duplex in SDIRA?
I have my SDIRA set up and funded
Now i m looking for any & all advice about the buying process / liability issues / etc
I have found a good deal on a duplex & i have enough funds in the account to buy it outright however ideally i would like to not be “cash poor” for lack of better word within this account. ( Ex: If i find a 200k property for 100k and it cash flows, and i have 100k in the IRA, i would like to cash flow it and sit on it for long term gains )
- is financing within an IRA allowable?
- if you buy a property undervalue within the account can you leverage that property against future deals that i will find ?
- if buying a duplex or multi family how do you protect your nest egg ? (Example - tenant A falls and sues & tries to take IRA holdings, unit B, etc ...)
- if i buy a rental and following the rules of “arms length” ... how exactly do the tenants pay rent? Do they mail the funds directly to manager of Ira ? Can i collect rents under current IRS restrictions?
Thanks for any & all info