
7 May 2024 | 9 replies
I guess as you suggested have to talk to multiple bank lenders.

9 May 2024 | 43 replies
The capital gains you would get from selling the property go back into the IRA tax free or tax deferred, depending on if the account was a Traditional or Roth and the only time you would incur taxes is if you took the money out of the qualified retirement account and took it into your personal name as a distribution.I would never own real estate inside of a retirement account.In your situation of transferring a certain percentage of the property itself instead of cash, you would need to pay a bunch of professionals on an annual basisA) $600+ for an appraiserB) $500+ for the title company to transfer ownershipC) $300+ for your accountant to properly adjust your taxable basis for the rental activity reported on your individual tax return.D) You risk your property taxes being reassessedYou also have to properly split each expense Furthermore, since you are not receiving cash, you would need to potentially find alternative methods to find cash to pay your tax liability.Yes, you are correct, depreciation is not needed/used within an IRA.

7 May 2024 | 27 replies
These situations never improve.

6 May 2024 | 3 replies
If you only have a tiny list, it is definitely recommended that you mail multiple times to the same list.

6 May 2024 | 6 replies
I am having a situation with a contractor that I paid thru zelle.

7 May 2024 | 4 replies
My real estate career is at ground 0 and I am assessing my situation, to find what area of real estate investing is best for me.

7 May 2024 | 34 replies
They can help you navigate the legal complexities and ensure that your rights and interests are protected throughout the process.Remember, seller financing can be a win-win situation, but it's vital to approach it with due diligence and proper legal documentation.

7 May 2024 | 9 replies
Back to my original question, what are your goals and situation?

6 May 2024 | 7 replies
Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

7 May 2024 | 5 replies
Evaluate your situation, leverage what you know, learn what you need to, and execute on your level.