You can also usually count on rents increasing enough in around 5 years, so that you do cashflow.Of course you have to watch out for over-leveraging and going bust!

This information is then linked in the database—think of techniques like pulling signatures from mortgage documents and extracting unit counts/construction types from building permits.This allows you to search my name and instantly see all of the rental properties and construction projects I own, even though they are well covered by holding companies.

You say you “came across this idea” but it sure sounds more like you want to sell people on the idea.

Any amount above the annual gift tax exclusion ($17,000 for 2023) counts against your lifetime exemption.

Since you recently purchased, yours was reassessed at todays values and theirs are still working off assessments from years ago (possibly) and the people you bought from likely had an old assessment as well.

Hi, I'm planning to start investing in mobile homes. At first, I want to purchase 1 mobile home to fix and flip to learn the process. I have a few questions and would love to connect with others who have experience wi...

Most people would have ignored it—after all, it’s Christmas!

Hey @Connor O'Brien - There is a list that CHA releases each year that states the maximum rent they will pay in certain chicago areas based on bed and bath counts. 

That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%

In other words, the employee contribution limit in 2019 is $19k, meaning you can only contribute $19k total between both plans (as the employee).SDIRA contributions do not count towards this $19k.