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Results (10,000+)
Brad Herb Syndication using SDIRA $
19 November 2024 | 11 replies
@Brad Herb Investing in a syndication via a Self-Directed IRA (SDIRA) offers tax advantages but comes with fees and limitations:Advantages:Tax Benefits: Gains grow tax-deferred (Traditional SDIRA) or tax-free (Roth SDIRA).Avoid Penalties: Keeps funds in the IRA, avoiding early withdrawal penalties.Diversification: Adds real estate syndications to your retirement portfolio.Disadvantages:Fees: Setup, custodian, and administrative fees can reduce returns.UBIT: If the syndication uses debt, income may be subject to Unrelated Business Income Tax (UBIT).Complexity: Strict rules; all income/expenses must flow through the SDIRA.Illiquidity: Syndications are long-term, locking up funds.Use an SDIRA if the investment is significant and the UBIT impact is minimal, especially with a Roth SDIRA for tax-free growth.Remember that RE, outside of retirement accounts, provides the biggest tax benefits.This post does not create a CPA-Client relationship.
Stuart Udis Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
Things to consider: daily internal operations, external branding and operations, lending, in addition to inside out *legal protection and outside in** legal protection, privacy/anonymity/identity protection and security...Prevention measures at different levels, preventing the attack from being initiated vs preventing the attack (lawsuit) being successful vs reducing the damage of a successful attack.... there are many elements and I see people pick one and argue about it without looking at the whole
Chris Seveney Contractor Quote Dispute & How I am Handling It
17 November 2024 | 5 replies
Electrical contractor quotes me $5k but noted he could do it on T&M at a reduced rate.
Joe S. Off market deals! It’s easy find yourself some off market deals!
26 November 2024 | 44 replies
Reduced Market Visibility: Fewer potential buyers, possibly leading to lower offers.
Ellen Marshall Duplex Deal Analysis
16 November 2024 | 2 replies
If not feasible, consider increasing rent, reducing purchase price, incorporating future benefits, or targeting multifamily properties.
Jason Porto Reserve Fund Contributions
18 November 2024 | 12 replies
In other words, if one property requires a major repair, reserves from other properties can help cover the expense, reducing the need for each individual property to have a fully stocked reserve at all times.
Mark Alford Is there a bank that will lend a HELOC on a Multi Family Property
17 November 2024 | 12 replies
LOC on business purpose doesn't really make sense from a lenders perspective.Think about it, you have to tie up funds and not earn a return until the borrower wants to use them.Time is money and if your lending money you want a return each day your money is out.I'd strongly recommend just going with a cash out refinance and avoid spinning wheels looking for a LOC. 
Jeff Sitti $100k Inheritance - What would you do?
19 November 2024 | 19 replies
I have a problem with financial advisors as a general rule, because most are sales people trying to earn a commission. 
David Cherkowsky Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
Quote from @David Cherkowsky: @Basit Siddiqi@Andrew Strauss@Katie RippI received the following response:"The more active income you earn, the less you can deduct from your rental property due to the phaseout of the Passive Activity Loss deduction.
Blaise Peterson Career advice for my daughter
11 November 2024 | 14 replies
Agents can earn tons very quickly if they're savvy.