Solo 401(k)s are not subject to UDFI (Unrelated Debt-Financed Income) on the capital gains from selling a debt-financed property, per IRS rules.b.

It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

You're spending over $600k (purchase price + rehab + fees) to make $25k, and then you'll have short term capital gains on that...

This community is a great place to gain knowledge, connect, and share experiences.

@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.

@Tar-U-Way Bright Using your LLC for real estate ventures offers legal protection and tax benefits.

The convenience and luxury of living alone is worth it to some for the benefits.

I was planning on building the home in the traditional stick built style in my budget but am wondering if doing prefab may save some money/have other benefits.

The benefit of a permit and inspections is to have an independent party verify work.