Art Webb
IRA UBIT with Comm Real Estate
23 September 2024 | 10 replies
It’s true that the IRA will incur UDFI/UBIT on the income derived from the same % leveraged.
Bryan Jeffries
72T provision for Real Estate Self Directed IRA
24 September 2024 | 2 replies
A provision in the IRS code known as 72T allows one to receive distributions prior to age 59 1/2.
Kyle Fitch
How Long to Reach $ 1 Mil Net Worth
25 September 2024 | 22 replies
Fracting increased the productivity of our purchase resulting in over 50% of investment being distributed in our first year.
Julio Gonzalez
Cost Segregation Study on Single Family Home
24 September 2024 | 0 replies
Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
William Coet
Syndications: General Partner vs. Limited Partner
24 September 2024 | 5 replies
They receive their monthly or quarterly distributions without being actively involved in the management of the investment.
Melanie Baldridge
Know these rules before doing a Cost Seg
24 September 2024 | 4 replies
Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
Experience derived from extensive dealings with people for 40 years professionally and in the capacity as a landlord.
Evan Kline
Our 10x strategy, and why we (kind of) stopped investing.
22 September 2024 | 6 replies
Hopefully those who don't pursue it with the passion and zeal of many in this community don't complain about income and wealth distribution bell curves later in life.
Danielle McKahn
How can my real estate investment/development company access nonrecourse loans?
24 September 2024 | 3 replies
(SDIRA) An IRA cannot must use a non-recouse loan so they are often talked about in self directed IRAs IRA forums. under the scenerio presented there is no way a bank will do non recourse.. just wont happen. what you can do is rearrange your LLC.. were only on person PG's the other members each hold less than 20% interest thats the threshold for PG for most all community banks.and you do the PG.. keep in mind LLC's can have uneven ownership and un even profit splits you can have an llc that you own 90% of but you only make 10% of the net profit its not like coroporations were ownership % also equals profit distributions.
Sanjeev Advani
LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
23 September 2024 | 2 replies
In addition to store closures, LL Flooring is liquidating a large distribution center in Virginia.