All Forum Posts by: Jeff Nash

Builders risk - @Stanley J Black can address. 

He just meant that he connected and messaged you. 

@Chris Seveney said it all.  I think you need to consult with a few professionals (tax, legal, insurance) to come up with the right approach based on your goals.  

Katrina, you can look here for help - https://www.biggerpockets.com/...

I do not know your entire situation, but in most cases I would avoid tampering with any Roth account and use other means if possible. In the pecking order of things, a tax free account is the last type of account you would want to touch.  Let it continue to compound and grow if possible. Just my general opinion but there could be extenuating circumstances.  

Dillon, @Denver McClure would be a good person to discuss as he is implementing this strategy.  

I have not used either as a CPA but just reached out to demo and discuss.  I’ll let you know what I think for what it’s worth. 

I can connect you with a friend that grew up there and is knowledgeable about the area and market.

Based on my background, I’m just thinking about the tax and legal implications.  Do you have your key professionals lined up and working with one another?  Self-rental comes to mind in this scenario.  

I would just identify potential agents to work with in the markets you are considering.  If you understand the other risks, you just need to find the right property. Insurance, property taxes, property management, legal/liability, etc are other main factors off the top of my head.