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16 September 2011 | 15 replies
though i am still in process of setting up LLC, i know from reading other sites and articles that there is no limits on number of properties. if it is done right the LLC is it's own entity, with IRA owning membership shares.the one restriction that is tricky, is leveraging. if not set up correctly you could have to pay taxes, because you can't have debt in the IRA is the way i understand it.we will be setting ours up in such a way as to avoid this problem. though i don't know the specifics yet, i have talked to a couple of consultants and they say IRA investing in a LLC is the way to go, if done correctly. and they say we can avoid many restrictions and that there are ways to do it.
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11 April 2007 | 10 replies
Buying your rental properties right and handling the tenants correctly are infinitely more important and will determine whether you succeed or fail.Good Luck,Mike
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28 March 2007 | 10 replies
Someone please correct me if my logic is seriously flawed here.
26 December 2013 | 25 replies
Therefore alot of property management are also agents who sell houses.Where we are there is a huge military and correctional officer presence.
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27 December 2013 | 17 replies
I had to replace all 15 windows in one that 'passed' disclosure/inspection & it was the best investment we made.I found that the Pella windows were never installed/sealed correctly & the frames had rotted out along with the surrounding wall sheathing & in a couple of cases the flooring beneath the windows.
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24 December 2013 | 8 replies
Based on our savings, income, investment strategy, I would like to get the collective input of BP members if we are choosing the correct strategy for our goal.
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3 March 2014 | 5 replies
It would seem that between Tallahassee being state capital and FSU there would be decent demand for rental housing-just food for thought.
23 December 2013 | 6 replies
thanks for the correction Wayne Brooks I will keep that in mind.