Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
Highly recommend you looking into a checkbook IRA instead of cashing out.Sure you can take out the principle since you’ve already paid taxes on it but this money is supposed to be for your retirement and in a Roth your real estate can grow tax free, though check with a CPA to see if STR will trigger UBIT in an IRA.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
If someone asks for a direct message (they're not supposed to) for something specific you can respond to that, but those threads are usually in the classifieds when we (moderators) can catch them all.
Adedayo Adetunji
Stranger occupied property without consent
8 January 2025 | 5 replies
Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.
Kolby Knickerbocker
Rookie Investor; Happy to be Here
9 January 2025 | 16 replies
So I suppose, I'm looking to invest in any area that makes sense with the numbers. :)
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
If you don’t have a shop, you can still point people to toys, but you’re not supposed to act like you own the shop or start setting prices for toys you don’t actually have.Here’s why some wholesalers avoid getting their toy shop license:1.
Joe Binkowski
506(c) Syndication(s) Secret
27 January 2025 | 18 replies
If the accredited investor took your money and ran, you probably wouldn't have a leg to stand on in court because you weren't supposed to be In the deal in the first place.
Joe S.
What will you do different this year?
3 January 2025 | 1 reply
I suppose it could be more than just your business because it’s all tied together.
Gregory Chadwell
Anyone use APPFOLIO?
7 January 2025 | 6 replies
We don't understand why technology companies like yours who suppose to have live updates would end up having delayed and inaccurate information than our manual check.
Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
I suppose if we had hundreds of loans out, this would be impractical.