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All Forum Posts by: Dennis Walker

Dennis Walker has started 7 posts and replied 16 times.

Post: Off Market Deal in Lansing MI

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Wholesalers / Rehabbers in Lansing MI, lets connect.  I'm looking to find the right person to work with on property in Lansing.  

Does anyone have a recommendation for a zoning, planning & land use lawyer in Clackamas County, Oregon? I have a parcel zoned EFU and I need a little help with it.

Post: Clackamas County, Oregon: Land EFU

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Does anyone have experience/recommendations with Oregon, Clackamas County, Land Use & Zoning Lawyers? I have a parcel zoned EFU that I need a little help with. 

Post: Researcher needed - part time

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Hi Jason, I see you posted this a month ago so, you might have already sorted it out. What kind of research are you looking to have done? 

Scott

Post: Self Directed IRA Fees?

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Thank you Brian EastmanJaime Raskulinecz.  That does help clarify it for me.

Thanks

Post: Self Directed IRA Fees?

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

I have an SDIRA. My Custodian is telling me that I can pay their fees with funds from outside my IRA. Is that right? I know there are other fees and expenses that I have to pay with funds from inside my IRA.  So now I'm confused as to when do I need to use funds from inside my IRA and when can I use funds from outside of it? Can someone explain this to me?

Thanks

Post: Deferred Sales Trust

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Thanks, Thomas for the link and the answer.

Post: Deferred Sales Trust

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Hi Jeff, Thanks for this information.  I was just reading more about the MIS on the internet and it's interesting.  

Here is a question you may know the answer to - after deferring the capital gains tax for 30 years, what happens after the 30 years of different? 

Post: Deferred Sales Trust

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

I'm doing a 1031 Exchange.  I'm right in the middle of the 45-day window to identify. I haven't yet found anything that gets me too excited yet and I'm feeling a little stressed about it. The whole thing could blow up in my face.

Yesterday I'm at the gym trying to manage my stress. l put on a podcast and the gest starts talking about Deferred Sales Trusts - What! Is this really a thing?

If this is a thing, why haven't I heard of it? Why are people doing 1031s if the Deferred Sales Trusts is an option? If this 1031 I'm in now starts to go sideways on me, can I move it to a DST as a plan B?

If this is legit where would I go to get this done?

Post: Sell a rental and 1031 exchanging it into a Mobile Home Park

Dennis WalkerPosted
  • Grants Pass OR
  • Posts 18
  • Votes 2

Thanks everyone.  

Dave,  You said 'usually a combination of down payment from you and a loan from a portfolio or private lender' - So If I found some kind of private bridge loan there wouldn't be any problems cashing that lender out on back end when I sold original sfh.  Am I understanding that right?