Here is how the ROBS 401k business funding arrangement works:A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate operating company corporation issues stock shares to the 401k/PSP.The real-estate operating company must be an employee of the business and he or she may take a reasonable salary.The business owner's family members may be employees of the business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.

We do have a REI group, http://www.meetup.com/EastTexasRealEstateInvestors/It is held in Lindale, but all the Longview/Tyler and even some Dallas investors attend.

Opportunity Zones can be used to minimize tax payments or even reduce to zero.Opportunity Zones were created under the TCJA to; Allow U.S. investors to defer all 2018 capital gains for eight years if the profits are reinvested and held in an Opportunity ZoneLower the amount of capital gains taxes resulting from the sale of a capital asset by 10% or 15% if the proceeds therefrom are held for five or seven years, respectively, in an Opportunity Zone project.Provide for a full exemption from capital gains taxes on all future capital gains on the invested funds if an investment is held for ten years following investment.

Hi Zachary, You can not 1031 Exchange property that was held for rehab/flip. 

Both will run you about $160 for a year's worth of education in several meetings held throughout the month, but be advised that they are also heavy into information marketing (different speakers will attempt to sell you their programs) so keep your checkbook/credit card at home for the first several months while you gain your education.

If you select and pay for the security system you may be held responsible if it fails.

Some Lenders use the Debt Service Coverage Ratio (DSCR) to calculate the DTI of the Portfolio of Investor Properties held in the LLC.  

He saying that he cannot be held responsible and I cannot keep their deposit if they terminate the lease early because of the SMCR Act.

.$322.83/month Principle and InterestMonthly Cash Flow: $8.97I know This isn't a great cash flow deal, but I would essentially break-even until the property is paid off in 10 years if I held it as a rental.The other scenario, which I am leaning towards is to sell to an owner occupant with a wraparound mortgage.I could increase my cash-flow substantially, get a decent down payment, sell for a higher financed price, charge a much higher interest rate, and enjoy less management headaches.If I sold on a wrap I could sell for $39,900$5,000 down (tax refund time soon :)$34,900 amortized for 15 years @ 12.75% Interest = $435.84/month PIThis would allow me to make money on the front end ~$4,000 and make $133/month cash-flow.I could also play with the numbers a bit to make a higher IRR, but this seems like a doable scenario.Would you buy this?

There is a networking event held in Long Beach on 10 Dec. hosted by FIBI.