Note that this condition does not require the loan to be fully amortizing, meaning that a balloon payment can be a component of a one-property exclusion loan.Second, the loan must have a fixed interest rate or an adjustable interest rate that remains fixed for at least five years.

Good morning,I'm looking at using a hardmoney lender on purchasing a home that I will use as a primary residence while I rent out the remaining rooms.

Along a similar line of thinking, could this work without a partner, but with a sub-to (where it would otherwise be sold only for what remains on the mortgage), add cash on top of the remaining loan, and rather than the seller lowering the price, kick back a check for repairs?

If you fail to remain competitive your customers will go elsewhere.

Good deal even just to see the headliners as I'd be satisfied with even a few motivational takeaways.Let me know if you plan on going!

Your new tenants should be the best of the best so you can set a precedent for who gets into your building.For everyone that remains, three months later I will again bridge 50% of the gap between current and market rents. 

This would ensure no further development/crowding out this quite and serine property2-In 3 years I could keep 8-10 acres for myself and parcel the remaining 13-15 acres into two lots and sell them.

For the schedule E, I’m assuming that I’ll be splitting the 4/5th remaining mortgage interest and r/e taxes with my partner 50/50.

Also what is the rate and term+term remaining on the loan?

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)