Both Roths and Traditional IRA will be subject to UBIT if either you do debt financing within your IRA (i.e. take out a non-recourse note to help fund a property in your IRA) or if you run a business in the IRA that would normally be subject to taxes outside the IRA.

I'd run away.Figuring 50% expenses, his $4,000 of income equates to $2,000 to service debt and have cash flow.

Overall, I am leaning toward just adding a door, combine the electric, and leaving the kitchen.

Combine threads?

Because I recently bought my first multifamily about a year ago, my debt-to-income ratio is still high to obtain a another mortgage loan, the equity in the property is not there yet, and I still don't have two years worth of rental income to use towards extra income.

It was 2006, and about a year before my wife and I had finished paying off some fairly large debts I'd inherited from my previous marriage.

As you know, this will "cancel" the debt service in the lender's eyes and allow to re-borrow. 3.

I could do that with my own Heloc which I already have.The mortgage amount is modest, $425 a month, and a portion of the loan will go to pay off all of her credit card debt with very high interest which almost equals the monthly mortgage payment.

I quickly found out that even a little debt can eat large chucks of profit because over time the 50% rule is absolutely true.

Debt Free - Debt is a tool if used right. 8.