All Forum Posts by: Regina Abayev

Welcome!  What are you thinking of investing in?

There is no standard for all States.  Each state, and often city, has their own particular nuances and disclosures.  You can get the forms from a local agent, broker or RE attorney.  

Have you looked at the larger lenders in this space, like B2R, LendingHome, Colony?  They have been very active in this space and at attractive rates.

Definitely check on the disqualified parties and related transactions restrictions. The penalties are pretty severe for violations. Typically your sdira can't invest with your spouse sdira in the same transaction or LLC. Siblings are ok, but spouses, kids and I believe inlaws are not. I would call your administrator and ask to be safe.

If I recall correctly, if you pay off the debt within your IRA more than 12 months prior to the sale of the property, then there is no tax on the gain. Can someone confirm if that's correct? Also, if you have a short term loan on the property, assume 5 or 10 year term, and you're cash flow neutral or os slightly cash flow negative, is the UBIT still a concern?