Should have mentioned that hud has accepted our bid and know asking for earnest money deposit in order to generate a contract.Do the listing agent need to physically have the EMD to generate contract?

Hi BP Community,I can't seem to find an answer to the following question: Am I required to pay state taxes on rental income generated from a property held in a self-directed Roth IRA?

Create a business, generate Earned Income & do a 401(k)-solo with check-book control.

In the time I have owned the building I have raised rent from 75K and now the building is generating a bit over 100k. 

Or am I being short-sighted by letting go of an income-generating asset in an awesome location? 

I’m curious what the numbers would be if you were generating $1750 income opposed to $3500...assuming $3500 is total gross income.

The question is can you take the 100k and deploy it now and generate even more than $750 in cash flow 8 years from now? 

@Chris Wilkening -  I feel like that all depends on the profit generated from the deal. 

Hello Tim, Hustling is ignoring the haters and any outside noise and owning over a dozen single family homes free and clear and generating long term income with a net worth income of close to 2 million and recirculating your income to buy more rental properties or flips.

You pay a little higher rate and maybe a point or two, plus maybe an extra junk fee - but there should be no limit on the number of loans (as long as the property generates the needed cash-flow to cover).