Outside of Houston Proper (where a lot of the multifamily is overpriced, in an awful area, or both), finding cash-flowing multifamily rentals can feel like a sisyphean task.

At the time of purchase, it seemed that they was promise of the place doing well and becoming a retirement community outside of Las Vegas but that didn’t happen and the properties have gone down in value and worth less than 10-20 percent of what she purchased them for.

Hi Damon, There is probably someone out there who can speak for the LLC ownership portion better than I can, however, you would not be able to use SDIRA funds for the rehab of these properties since you/your mother currently own the properties outside of the IRA.

Basit Siddiqi, Can the capital gains be realized from a rental held outside the QOF?

@Tiffany Watkins You need to click on the names outside the box so people are notified that you replied.

That website, and all the linked documents, are written like so many others whose operators are from outside the US (and have poor English language skills) and typically perpetuate loan scams on unsuspecting borrowers.Their “Terms & Conditions” document for the loan is a joke.And I can guarantee you that no real “private lender” is loaning money at what they’re advertising (i.e. $50k up to $800M @ 5% interest for 35 years).

Like myself, for the past 22 years, service has been the mission that leaves little time for things outside of the Marine Corps.  

I've been taking massive action...started a podcast with my partner in Houston (Millennial Cash Flow Podcast), and no I am working diligently with a local Dallas broker to get into my first piece of real estate.I found a fantastic value add opportunity in a duplex located 1.5 blocks outside of the Bishop Arts District.

I recently traveled to that state and passed by the property and sprayed outside for other insects.

(Just my wife and I work in our RE, she helps with #1, and I do #2, while also working on my main business outside of RE)