All Forum Posts by: Daria B.

 Hi Robert,

Thanks for shedding further light on the differences. I am asking for what happens in new construction but also a rental I have that will/may (depends on what I do) need additional GFCI in the kitchen. 

 Thanks again.

 Jason thank you for responding and clarifying. In my search I found receptacles that contain both elements of protection. Is it true then as long as the breaker is AFCI then there is no need for a combo AFCI/GFCI receptacle? As you mentioned each has a different type of protection.

I know AFCI is a newer type for arc fault protection. 

As the subject title indicates, Is this an either or type of receptacle?

Searching Lowes and Home Depot sites for cost but wondering if AFCI supersedes GFCI and includes the same protection plus the arc fault? 

Thanks 

Maybe that was another gentleman but I thought I sent you a guy that I use whose also an investor. He’s worked out for another gentleman here in BP who is also in our local area.

I thought I recall another post you had related to this for Gainesville. Are you finding that you are not finding the right fit? How many people have you been able to talk to about their skill set? 

 Hi again G-

You can get an idea for materials if you are using standard off the shelf stuff from Lowe’s or Home Depot. Likely it’s labor included with their quote but you can see that on what was given to you.

For a 4-plex kitchen and bath for its complete overhaul I would think that's a close number, baths really don't cost that much (I found this out with my own rehab). I'm also going by a standard to less than kitchen size that plex's have relative to a SFR. If there is no outlandish electrical or plumbing and only plumbing hook ups for bath then no extreme cost there.

Are you buying appliances?

 Sage advise: Invest in what you know and understand.

I’m trying to learn about other types of investments and along the way  am finding the numbers just don’t work for what I want as a return verses risk. Better to read and discuss than to jump in blindly.

Hi

I posted earlier on the use of the SDIRA with regard to UBIT and received some very good answers that I could then go off in a direction to learn  more.

Upon looking over this venture and reading other peoples similar deals, it dawned on me that the SDIRA may not be the best use for rental property. 

Expense payments need to come from somewhere and if it's not the rental proceeds then the SDIRA could in fact be tapped for the additional expenses. I don't want that kind of carte blanche on my account.

Somehow out-of-pocket (which cannot be done in the case of using SDIRA owning the rental) would be a better fit instead of depleting a retirement account that has taken years to build up.

I am now wondering if this is the best investment venture and use of the SDIRA money.

Who else has used there SDIRA for rental property?

Pros/cons I should be aware of besides having to use additional SDIRA money for upkeep of the property (by the way has already been rehabbed but still there could be something in need of funds).

Thanks

 Thanks Brian-

This is a great statement and what I was looking for:

“Passive income not subject to UBIT includes royalties, dividends, interest, rent from real property and gains on the sale of an asset that has been held to produce such passive income.”

It will help me with further research on this topic. Not always sure where to start looking for answers.

As I mentioned to Dmitriy, I still have finite details to absorb. It's the tax implications or UBIT for the fact that additional monies may be needed from the IRA after the initial purchase.