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15 August 2018 | 7 replies
To create a Checkbook IRA you will need a facilitator company (Brian, myself and few other contributors here on the forum can help you, do your due diligence) Investment property can be financed in an IRA, you must use non-recourse loan, there is a handful of lenders who specifically offer this kind of loans, here is a list that I compiled, hope you'll find it helpful: https://www.biggerpockets.com/blogs/2810/50272-lis...Using leverage will result in UBIT on portion of the income of the IRA, not a deal breaker, but you must be aware of thisSelf-directed Solo 401k is exempt from UBIT on leveraged real estate, consider this option if you are eligible LLC inside of an IRA + Trust seems too complicated, keep things simple if possible
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30 July 2018 | 17 replies
Basically, someone getting a commission for facilitating a real estate transaction is considered an agent here, and only licensed agents can get paid for such activities in AZ.Every state has its own laws.
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2 May 2016 | 4 replies
Since that first flip, we've done 5 more flips together, and have structured the deals more equally since, but still paying our partner that facilitates the flips a set "contractor's fee" upon every sale.
24 September 2014 | 7 replies
If you enjoy working with her and she knows the market, there is no reason to look for a specific type of realtor to facilitate the purchase of a "plex".The real question is going to be whether she can find you deals on plexes.
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19 December 2010 | 12 replies
DIscussing loan terms with a potential borrower for funds from another source puts you in a position as an originator/broker.To flip that, you need to close the deal in your name and allow the new buyer to assume existing financing, which doesn't seem to go with your past posts, but still a doable line of facilitating deals.
18 January 2024 | 34 replies
The facilitating services so amply available, it's wild.
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18 January 2024 | 3 replies
Meeting the test criteria, which includes working over 500 hours in the business, overseeing all necessary tasks personally, or substantially participating alongside a partner, facilitates the strategic utilization of the short-term rental tax loophole.
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10 February 2021 | 2 replies
While looking at the results page, I can't seem to find the button or link to click to facilitate this.
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23 December 2015 | 20 replies
If you NEED your W2 job to keep the lights on at home and food on the table, then you always need to make sure you're not slacking at work to facilitate your passion.
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7 January 2014 | 15 replies
When I go to a mortgage guy and apply for a loan, whether he is a broker or banker, chances are he is only facilitating the loan and it is being sold on the secondary market.