Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
Lynette Arhutick
Needing some creative ideas for getting started
6 February 2025 | 0 replies
We do live in a small rule area where properties are a little cheaper, but so far it’s been very difficult to find something that seems to pencil out.
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
If they were only there a month you could re-rent easy with little to no turnover renovation.
Ivan Castanon
I need to change strategies. What should I do?
3 February 2025 | 47 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
:Quote from @Jimmy Lieu:Have tons of examples of deals that hit the 1% rule and positive cash flow.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
You can use some easy number in Chat GPT to help you figure out what you need.
Oliver Graf
States allowing MLS marketing with contract but before ownership? (Land Flipping)
1 February 2025 | 0 replies
For example, places like Illinois and Oklahoma have specific rules requiring a real estate license for certain types of marketing.This specifically for flipping land using Transactional Funding.If you’ve done this before, what states have you found to be friendly toward this approach?
Dylan Webb
Realtor & Investor - Husband & Wife Team
1 February 2025 | 2 replies
You can read the rules in the footer of every page.We are happy to have you here.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
The section 8 tenants I've managed have been easy to work with.
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
6 February 2025 | 13 replies
Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.