A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

Hi Jonathan,Congrats on your first big renovation deal—it’s an exciting challenge!

I mean come on!

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

Especially if you're doing enough volume to get good discounts on products.

To pay for this, I used a heloc on my current home.

I have some time now if you'd like to hop on a call

Go to local meetups, search these forums for people that have mentioned that they do private lending and attend other RE events.I agree with Tim, spot on. 

That is what we thought, but are being told we have to pay SS and medicare on this now even though it is "deferred." 

Real Estate Professional = 750 hours and more time on real estate than anything else.