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27 January 2025 | 9 replies
If you do place the property in her name, then inherit it later, it does allow for you to receive a step up in basis at that point, allowing you to sell the house shortly after her death without paying capital gains tax.5.
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9 February 2025 | 10 replies
The first step is talking to a lender and getting pre-qualified.
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27 January 2025 | 0 replies
To avoid a dispute, it’s crucial to add the trust or LLC as an additional insured on the policy.”This is a simple but crucial step to help protect your home.Please share this post with your family and friends to keep them informed.
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8 February 2025 | 22 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
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19 January 2025 | 1 reply
Does anyone have any tips on how to find the right guys or methods that you use to vet people?
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23 January 2025 | 5 replies
Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option.
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10 February 2025 | 31 replies
At the manual evaluation step, approximately 60% more are eliminated.
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5 February 2025 | 29 replies
So the owner is not stepping into any equity but instead his or her net worth is lower based on the fact that they had to pay closing costs on the transaction.
10 February 2025 | 8 replies
Each step can become a 15 page tutorial.
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2 February 2025 | 4 replies
We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....