All Forum Posts by: Jacob Graul

@Nawzad Babiry 12 k for mobile home & lot. Rent is 650. Same tenants 2 years almost

@Gary L Wallman can I roll It into another property?

@Aaron K. Thank you very much. Will there be any extra paperwork or procedures with it? Also, is there any tax benefit?

@Dan Bryskin please elaborate on benefits of a non profit??

Can you sell property that you have in an irrevocable trust?

When I first started I was advised to put my properties into an irrevocable trust rather than create an LLC. Not knowing any better that is what I done. Now I have a home that I would like to sell that's in my irrevocable trust, can I list it with an agent and sell it?

@Henry Lazerow

primarily mobile homes on multiple tracts of land. We do however have 4 owner finance homes in addition to the mobile home rentals.

Guys! This is an awesome discussion I like all angles of it. 10k is pre taxed but I do plan on growing my business but in a very humble and strategic manner because I have time on my side. I appreciate whoever pointed me in the direction of reaching out to the FI community I think that’s a great idea. Here is my other than real estate goals after I quit my 9-5 job.

1. Be obedient to my Lord & Savior

2. Focus on my relationship and time devoted to my family

3. Continue to grow my business

4. Stay very active in my church

5. Go on mission trips (build churches)

6. Continue my Military career

I am way to proactive to sit around and eat Cheetos I was more so on the premise of getting over the anxiety of letting my w2 job go.

@Caleb Heimsoth real close

I had a lady show up in a wheelchair with her pet chicken and potbelly pig!

@JD Martin thanks for your advise. I’m too proactive to completely stop. Plus I’m very active in military and I would still buy and fix up more properties. Just the quitting my job thing has me stumped