Generating Cash for Self-Directed IRAs
Friday, September 08
Self Directed IRAsInvesting IRA funds in real estate used to be quite complicated, time-consuming, and expensive. Deals had to be administered by IRA custodians every step of the way, complicating the process, and fees had to be paid to the custodian every time the IRA made a move. Although, much...
Why the Compliance Side of Entity Structuring is important
Friday, August 25
Investors typically have lots of questions regarding the compliance side of entity structuring. There are many things to consider such as: states to register, tax filings and what a properly set up business looks like. In this article, we will examine all the different aspects of compliance when ...
Entity Structure Questions & Answers (Part 3)
Friday, June 09
This is part 3 of our series on Entity Structuring Questions and Answers.QUESTION: I have a rental property in Colorado and have created a Colorado LLC to hold it. However, I bought the property under my own name and have a small mortgage under my name. The mortgage company won't let me transfer ...
Entity Structure Questions & Answers (Part 2)
Friday, June 02
This is the second of a four part series of Questions and Answers related to entity structuring.QUESTION: In 2005 I entered into a partnership with my brother and a couple of friends. We purchased a single family house to rent out. We (over)paid around $127,000 for the house. The property is titl...
Entity Structure Questions Part 1
Friday, May 26
Selecting the right entity structure for your real estate deal can mean the difference between building and losing incredible wealth. It's vitally important to incorporate correctly to protect yourself, your assets and your wealth. I get a lot of questions about entity structuring, particularly o...
Ten Reasons NOT To Use Corporations for Real Estate Ownership
Friday, May 12
Why use an LLC partnership instead of a Corporation?LLC-partnerships avoid the following corporate disadvantages by default (automatically); by election; or by planning. When referring to a partnership the term “partner” includes a member of an LLC or more specifically of an LLC-Partnership. Su...