Joe Ziolkowski
Glad to be here!
26 January 2025 | 1 reply
Asking in the correct forum will get a better response.Read the RULES!
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.
Ryan Fitzgerald
Hello BiggerPockets! New PRO here
25 January 2025 | 2 replies
Asking in the correct forum will get a better response.Read the RULES!
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
@Jerry Chilimidos,Ned is correct, if you end up refinancing your rentals in the IRA - your IRA will be subject to UBIT tax on leveraged portion of the income so be sure to run the numbers with you CPA to understand the tax implications.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly
Harrison Jones
Seeking Advice: Collaborative Development Opportunity with Neighboring Parcels
21 January 2025 | 0 replies
However, I’m new to navigating such a situation, and I’m looking for guidance on:Collaborating with neighboring property owners to reduce costs and share resources.Structuring deals involving land contributions and joint development efforts.Attracting capital partners for projects like this.I think this could turn into a win-win for everyone involved, but I want to ensure it’s planned and structured correctly.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
Do not rely on your subcontractors to know/perform the code correctly for your area.
Matt Wan
How should I vet a small lending company
27 January 2025 | 7 replies
Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media
Nichole Stohler
I finally moved to a self-directed IRA and here’s what happened
23 January 2025 | 16 replies
Hello All, I took another look at their website and was trying to understand the difference between the individual Notes and the Funds.Am I correct in my thinking that ONLY Accredited Investors can do the Note Funds, while Individuals can do the individual notes?
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.