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All Forum Posts by: Harpreet Singh

Harpreet Singh has started 12 posts and replied 26 times.

Post: Self Directed IRA - LLC

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

@Brian Eastman

Thanks for a very educational response. Highly appreciated! So Quest does not allow to let my wife be the manager of her LLC? If not, what are the options? We think LLC is the safest way to go.

Post: Self Directed IRA - LLC

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won't allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got great recommendations about Quest from BP. So I don't understand how this can be true???

Post: Can you buy Mobile Home Park in SDIRA?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

Would like to buy MHP using Self Directed IRA. Possible?

Post: Transfer of property to LLC

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

The mortgage is in my and my wife's name. Can I transfer the property to a LLC solely owned by my wife?

Post: Can non-earner wife get mortgage?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

Household income more than qualify for investment property mortgage. Can the mortgage be under my wife’s name (she is stay home mom)?

Post: Self-Directed IRA - LLC state?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

@Dmitriy Fomichenko Sorry I must have messed up. So I just opened my SDIRA. I would like LLC in there to own my properties. Should I decided on state(s) where I will be investing in or should I create LLC in some state?

Post: Self-Directed IRA - LLC state?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

Post: Turnkey Providers in Jacksonville, FL?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

@Mark Hart Yes the new house average prices are too high for the numbers to work. I keep hearing how great Jacksonville is but can’t find turnkey providers who fix up older homes.

Post: Turnkey Providers in Jacksonville, FL?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

I see many building brand new houses but can’t find true turnkey providers?

Post: Which Self-directed IRA company do you use?

Harpreet SinghPosted
  • Rental Property Investor
  • Chapel Hill, NC
  • Posts 26
  • Votes 2

@Logan Hassinger Do they give you checkbook control?