Brian Plajer
Tax/financial planning services
24 May 2024 | 17 replies
@Brian Plajer - while this offer may sound very helpful, it is a blatant violation of BiggerPockets rules against self-promotion that specifically PROHIBIT offering services to investors, publicly or privately.
Ashish Wa
Finally found a good tenant but!!!
22 May 2024 | 14 replies
The tenant has to request a "reasonable accommodation" to have an ESA if the lease agreement prohibits pets and animals.
Bob S.
HOA restrictions for rental in North Texas
20 May 2024 | 6 replies
Quote from @Bob Smith: HOAsThey can prohibit rentals or impose such crazy regulations you won't be able to rent.They can also change the regulations....I just saw an HOA first try to implement $300/year rental registration.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
However, there is such a thing as a self-directed solo 401k plan which is very popular for those who are self employed.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.
Alyssa K.
Cozy allowed payment reversal that withdrew previously paid rent
22 May 2024 | 90 replies
You have a problem tenant that needs to be dealt with.Cash app and Zelle are more secure electronic payment options, but I believe both have send and receive limits that are prohibitive for business use.
Gaurav A.
Dayton Ohio: Neighborhood info needed
20 May 2024 | 27 replies
I've sold (for others) 6 properties in that neighborhood in the last 60 days - all were vacant and run down, and all of them were bought by experienced investors (their condition prohibited most would-be homeowners from considering them).
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
And that's fine, too.There is an apartment operator that has multiple real estate cycles of experience (decades) with no money lost, low 65% less LTV, and high 10%+ skin in the game.They market under 506B so are prohibited from posting publicly on the Internet and instead function by referrals.
Michael M.
Turning Primary Residence to Rental
21 May 2024 | 25 replies
Many HOAs for prohibit or otherwise restrict STR.
Anthony Beeler
Too late to start an LLC?
16 May 2024 | 7 replies
Lenders typically have guidelines on this, which may allow or prohibit such transfers.
Kevin S.
Question on Checkbook IRA
17 May 2024 | 13 replies
Just a FYI you don't need an LLC to do RE investing. if you are looking for the checkbook control then yes you will need one, make sure the custodian you choose explains the prohibited transactions and disqualified person list to you.