Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

155
Posts
62
Votes
Bernie Huckestein
  • Rental Property Investor
  • Apopka, FL
62
Votes |
155
Posts

Deposits with SDIRA Own SFR

Bernie Huckestein
  • Rental Property Investor
  • Apopka, FL
Posted

I (or more accurately my SDIRA) purchased a SFR with the plan to fix and hold as an SDIRA asset. My question is about deposits for in this case electric. I could avoid having to put money on deposit to the utility company if I let them run my credit (meaning I would be personally responsible for the bill) -- I am okay with that as there is no danger of the bill not being paid by the SDIRA but wondering if this item would be a violation. I could have the SDIRA put the required monies on deposit but I would rather not.

Thanks, b

Loading replies...