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5 November 2024 | 3 replies
Know the Rules:No personal use – the property can’t be used by you or family.All expenses/income go through the IRA.Watch for UBIT tax – some income types can trigger it.Tips:Non-Recourse Loans Only: If financing, make sure it’s non-recourse.Diversify: Mix property types, REITs, or loans within your SDIRA.Anyone here investing in real estate through their IRA?
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7 November 2024 | 15 replies
Because he was overpriced and I was the only one willing to pay the amount he wanted, he ultimately signed over his VA entitlement and allowed my (a non-veteran) to take over his loan!
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7 November 2024 | 14 replies
Residential mortgage rates have already dropped, but the general public has not paid attention.
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6 November 2024 | 7 replies
Typically financing for rentals for non-residents is pretty tough and limited and expensive.
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4 November 2024 | 1 reply
Use a non-abrasive scrubber or dish soap to clean the cooktop, and consider using a scraper for any stubborn, burnt-on stains—just be careful to avoid scratching the surface.
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4 November 2024 | 12 replies
Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.
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4 November 2024 | 1 reply
Friend of a friend with a portfolio of 30+ homes was contacted by them to basically sell his portfolio to them in exchange for shares. that would be a HUGE non starter for me..
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5 November 2024 | 6 replies
Many hoa's have restrictions / limits to non-owner occupants allowed in a community / building.
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2 November 2024 | 2 replies
I’m going to lend to a few people I know with LLC ‘s on some mortgages and receive interest , I am not putting myself out to public lending just some commercial loans as LLC single member pass through , do I have to pay local taxes in Florida , I have no brick and mortar , no employees , just LLC in Florida and live in Texas , there is no work involved I just receive interest .
30 October 2024 | 2 replies
The non-permitted unit is causing some troubles in getting this deal to move forward.