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All Forum Posts by: David Bell

David Bell has started 3 posts and replied 9 times.

Tax, SDIRAs & Cost Segregation

Post: SDIRA to fund commercial building

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2
Would it be possible to use a Solo 401(k) comingled with my sisters retirement funds and obtain a nonrecourse loan to fund the building of a commercial building? Is that a commonly used strategy?
0 Votes
Tax, SDIRAs & Cost Segregation

Post: SDIRA to fund commercial building

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

I am thinking of using my IRA to create a SDIRA, then creating an LLC to own a commercial building using funds from my SDIRA to build the building. Does anyone have experience on this process? Can I commingle my sisters IRA with mine to create this entity?Who would administer the IRA?

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

rental agreement?

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

Do not know. I will check it out

0 Votes
General Real Estate Investing

Post: Job description for a rental agent

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

We are buying a 7 unit apartment building.  Planning to take on a rental agent. Can anyone come up with a job description ?  How do you pay your rental agents?

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

Thanks

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

just Jasper now

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

Thanks. I feel like we may need a lot of advise.

0 Votes
New Member Introductions

Post: New investor in Jasper Indiana

David BellPosted
  • Investor
  • Jasper, IN
  • Posts 9
  • Votes 2

I'm 59.  Buying a real estate portfolio in an effort to provide some retirement income  and provide money for my 3 year old son .Presently  on board with two single families and a seven unit property which I'm looking at.

2 Votes