Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
Specific technical issue that triggered this post.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
On the advice of the fireplace guy who did our last cleaning/inspection, we sanded down the brick inside and painted it with the high heat black paint, and it states in the lease that they may use a fireplace-style candelabra if they'd like, but any other use will trigger all the rules in the Fireplace Addendum.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Selling would likely mean taking on new loans at much higher rates, reducing your cash flow margin unless the new properties are stellar performers.Transaction Costs and Taxes: Selling could trigger capital gains taxes (depending on exemptions) and other selling costs, eating into your net proceeds.
Otis Clayton
How do closing agents fund private money deals?
15 January 2025 | 15 replies
This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.
Oliver Oden
LLC Question - Do I include Co-Signers on LLC?
23 December 2024 | 4 replies
That could trigger your due on sale clause and force you to get a new loan.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
I was trying to get started, had all the information but needed to pull the trigger to get in the game.
Brian Plajer
Does anyone invest in Ocala Florida
11 January 2025 | 24 replies
I'll keep you in mind if I device to pull the trigger.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
I guess it triggers the "sunken cost fallacy" part of their brain.
Monty Alston
Need creative advice to pull equity out of my home ?
12 January 2025 | 14 replies
Dig into reverse mortgages before pulling the trigger on anything, specifically HECM's (FHA product).
Claude Diehl
Sell a Solo 401K property with owner financing
23 December 2024 | 6 replies
Rental Income Consideration: If the property generated rental income while it was debt-financed, the portion attributable to the debt could have triggered UDFI.