Charlton Zang Jr
Using and old IRA account for financing
11 July 2023 | 9 replies
Most retirement plan distributions are subject to income tax and may be subject to an additional 10% tax.Generally, the amounts an individual withdraws from an IRA or retirement plan before reaching age 59½ are called ”early” or ”premature” distributions.
Marcos Sanches
Advise on out of state rental property investing
28 March 2017 | 16 replies
However, you need to consider that in addition to your down payment, you are going to need to cover closing costs, and expect to keep some money in reserves in case of the unexpected (like a premature vacancy & damage).
Chris Seveney
Prices do not always go up
8 August 2023 | 10 replies
The losers are the ones that panic and bail out of the plan prematurely.
Jeremy Babin
BRRRR AND HOUSE HACKING IN COLORADO SPRINGS
5 November 2020 | 45 replies
i'll be jumping into this chaos in close to a year or so, this may be premature but i'm glad it's a hot market.
Wes M.
Scheduling Showings with Tenants in Place
10 August 2023 | 9 replies
Additionally, if you prematurely sign a Rental Agreement for a new Tenant, and there are any delays with the outgoing Tenant, or you discover needed repairs that were not evident while occupied, you have created bigger problems for yourself.
Weronika Jedrak
Self directed IRA funds for private money lending
15 August 2023 | 8 replies
Distribution from an IRA is taxable, plus penalties for premature distribution.
Marcus Auerbach
Why does seller financing not work anymore?
19 July 2020 | 36 replies
Ultimately, the property would have had to been all cash or seller financed because we (prematurely) gutted it to the studs.We (similarly) just took a church property back in foreclosure and will seller finance it if anyone is interested in a church in southern California!
Bobby Bohren
Furnishing STR units
14 June 2021 | 7 replies
Most of the Wayfair furniture seems cheap and Ikea seems too college dorm-ish cheap wood fiber stuff that falls apart prematurely.
JJ Chojnowski
Investing within a Self Directed IRA
23 September 2018 | 24 replies
IRS rules prohibit you personally benefiting from the IRA in any way, the only way you can benefit is to take a distribution from the IRA with applicable taxes (and penalties for premature distributions).
Emanuel Eyssallenne
Bad inspection report on home under contract...
26 April 2021 | 10 replies
But this can totally be premature disappointment.