Eden Meng
Mid Term Rental under Solo 401K Plan
9 September 2024 | 5 replies
I have reviewed the IRC publication for prohibit transactions between the plan and a disqualified person which contain a few criteria including selling, exchanging and leasing the property.
David V.
Polyurea Garage Floor - expense or improvement
5 September 2024 | 7 replies
With this said, I would never do this for a rental so this is a rental (tenant moved out) that I plan on selling using a 1031 exchange on soon and the garage floor has lots of cracks and stains so I want to make the floor look nicer.
Devin James
What Area of Development do you Specialize?
11 September 2024 | 22 replies
Looking forward to connecting and exchanging insights!
Diana Jing
Rent To Retirement Review
7 September 2024 | 85 replies
@Diana Jing @Edward DawsonThank you for the feedback and discussion.Ed, I'm glad we were able to easily navigate your 1031 exchange and move you into some excellent cash flowing properties to increase your passive income!
Nathan Gesner
What is your eviction rate?
9 September 2024 | 9 replies
I’m thinking of starting my 2nd 1031 as I move away from these cheaper/smaller houses.
Kyle Miami
Notice to Vacate 60-Day
11 September 2024 | 13 replies
Can they say that because of the back and forth exchange, that I'm "retaliating" against them by expediting the 60-Day from December to September?
Vida Lolitaa
Agents to work with.
11 September 2024 | 16 replies
Very creative folks.Loopnet (rare you'll see any 4 plex or smaller here, sometimes)Crexi (commerical exchange) - some brokers who specialize in MF will list their small MF on here as well.Hope all that's helpful!
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
9 September 2024 | 7 replies
Just make sure they won’t place a lien on your company.Equity Partner: Consider bringing in an equity partner to help with the $300K down payment in exchange for a share of the property.Renegotiate Terms: Try to renegotiate the closing date or lower the down payment amount.