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20 February 2025 | 2 replies
You might also want to check their creditworthiness, especially for larger transactions.
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19 February 2025 | 6 replies
After being involved in right around 40 deals (Mostly flips, some rentals as well as subject to transactions), I am now an agent with Keller Williams Intown Atlanta.
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23 February 2025 | 7 replies
I'm sure you're well aware that it is extremely rare for a lead to want to transact immediately.
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17 February 2025 | 4 replies
I specialize in this type of transaction and would be happy to have a conversation including why they may not be a fit for you.
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26 February 2025 | 10 replies
Since 1031 exchanges are designed to defer capital gains taxes, they do not apply to SDIRA transactions, as there are no immediate capital gains taxes to defer.Instead, if an SDIRA-owned property is sold, the proceeds remain within the IRA and can be reinvested into another investment without tax consequences.
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19 February 2025 | 2 replies
It has a great mobile app that lets you snap receipts and later match them to transactions, keeping everything organized.
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17 February 2025 | 12 replies
All IRA-related transactions must be "arm's length", in other words, IRA can't get involved in any transaction with yourself, your immediate family members or any entities these individuals own or control.
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7 February 2025 | 6 replies
There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it.
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28 February 2025 | 10 replies
In many instances, parties to a transaction try to hit a home run in one deal instead of remembering that they'll do better in the long run by taking care of the other people in the transaction.
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26 February 2025 | 7 replies
I agree with @Isadore Nelson, there will be an initial sting due to to the IRA transaction but with quick math at 8% your 60k will generate about 4.8k in year one, in 4 months at 1.3k you've already eclipsed that, their will also be a larger tax for passive income and an initial penalty from the IRS, but it won't erode the 8 month difference let alone the yearly compounding effect.