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22 August 2019 | 16 replies
My question:Assuming all purchases are made via the IRA LLC, I'm assuming I can furnish the rental, and this would not be considered a "prohibited transaction"?
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23 February 2019 | 10 replies
(C) "Real estate salesperson" means any person associated with a licensed real estate broker to do or to deal in any acts or transactions set out or comprehended by the definition of a real estate broker, for compensation or otherwise.
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1 March 2019 | 8 replies
Hiring someone for sure, fingers crossed it will turn out well.
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25 February 2019 | 12 replies
Best of luck in the transaction and keep us updated on your decision.
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25 February 2019 | 28 replies
To be extra safe, consult a local real estate attorney.If you truly can't assign the contract, then form a relationship with a transactional lender and just do double-closings.
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25 February 2019 | 1 reply
It was a good safe transaction.
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28 February 2019 | 3 replies
Unless you invest via an LLC owned by the IRA, you will not have checkbook control over the funds which means you need to run transactions (e.g. income, expenses, etc.) through the trust company who will need time to process the transactions and generally charge fees for each transaction.
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15 March 2019 | 4 replies
At least here, that's the auction that investors can go to and bid it out from the bank.It sounds like you need to cross reference the entity that facilitates this process/auction, etc - and the tax assessment (usually assessor) records.
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1 March 2019 | 1 reply
I’m in contract with the Assignor, can I assignee this to another buyer?
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17 March 2019 | 9 replies
They charge custodian fees as well as fees for transactions and asset based fees.