All Forum Posts by: Mark K.

Henry if the funds on equity are borrowed at 6 % what instruments are they using to develop a good return?

Does anyone know if we do this in a business real estate development deal iF the interest on our lines would be deductible? If not does anyone have suggestions for an investment vehicle where they would be? We have an offer at 15 % annual return for 3 years-10 % paid in monthly installments. 5% at term end. Development company guarantees the ROI.

What would be any thoughts towards investing the money from our lines of credit in a local real estate deal? Multiple properties-15%/yr return-3 year deal. We would be borrowing at about 6%. Would this interest be deductible ? If not does anyone have ideas on where we could put these funds and be able to deduct the interest? We are not finding any deals worth purchasing in this market so trying to find a better use for idle funds. The above mentioned deal is guaranteed by the development company.

Thank you

Dave thank you. What other suggestions would you have to continue to appreciate the tax deferred income after the sale?

Looking to see thoughts on selling rentals and investing them in Reits through a 1031 exchange. Our properties have more than doubled in value and it seems like the return may be worth more than the headache of owning them at this point? Also wondering if anyone has feedback as to a good real estate tax advisor in our area?

Thank you.

Does anyone know anyone that could purchase a house or a company that could and hold in their name for a month or two for a fee?

Can anyone give a good recommendation for a financial advisor specilaizing in real estate investments and retirement planning?

Our tenants received rent assistance from RENTHELP MN that paid through Feb. Their lease is now expired. Can we tell them we are not renewing the lease and ask them to leave or are we still required to wait until June when the eviction moratorium expires?