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4 September 2018 | 20 replies
You are still prohibited from using the property for personal use because your IRA directly or indirectly owns an interest in the property.In the case of the LLC method, neither the IRA nor the participant can inject more funds into the LLC after the initial funding of the LLC.
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23 February 2016 | 43 replies
That income stream could dry up and be nothing quick.Most on here it seems are underestimating DEBT OBLIGATION.Acquire a bunch of properties no money down and watch the income dry up and you need to inject cash and now you have millions in debt obligation spread out on the portfolio.
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29 February 2016 | 13 replies
All the advice is super sound and injects the confidence needed to prepare myself for that first type of phone call from the tenant.
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15 August 2017 | 9 replies
I am getting about 500/pier and depends on the sqft for foam injection.
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17 February 2019 | 13 replies
You can use an "open spray foam" to injecting into all the walls of the house that are not opened up.
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25 February 2021 | 26 replies
On another partnership, I injected cash into as well.
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8 November 2019 | 7 replies
You won’t be able to inject money from outside if you are short on cash available.You can’t get involved in any repairs or active management for your property as it would be an illegal contribution and the IRS will disallow your tax shelter.In case of liability arising from your property you may loose the totality of your retirement plan.
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5 April 2018 | 14 replies
Also look for the clause that talks about additional capital raises - if the deal requires new capital injection, are the limited partners on the hook for new capital.
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22 January 2019 | 13 replies
If you contact a foundation repair company they have a material that they inject under the concrete that will raise it up even, then you just have a minor cement repair that can be masked with a rough finish on the entire porch.Or remove it and put in a wood porch.
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23 November 2011 | 11 replies
Doe the property require an immediate cash injection to get things going or is it something that can be gradually dealt with from the profits of the property?