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1 December 2017 | 6 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
28 November 2017 | 1 reply
I was wondering if there was an area on bigger pockets for people either with those skills or people who are looking for blueprints for a remodel or other items that may go along with renovation/newer construction work that could be involved in real estate investing?
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1 December 2017 | 15 replies
You will have to get the property appraised at the time of distribution to determine it's value and the amount of distribution will be taxable event unless you are taking distribution from Roth and have met the requirements. 2) Non-recourse lending means that the borrower does not provide personal guarantee for the loan, the underlying asset is the only security for the loan.3) You can contribute into an IRA independently of your 401k contributions, assuming you are eligible based on your income.4) If you set up truly self-directed Solo 401k plan you can invest into virtually anything except collectibles and any transactions involving disqualified person.
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13 December 2017 | 1 reply
Now we all have to file the self employment 1098 tax.
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3 December 2017 | 6 replies
I was also involved in the development of a small (20K SF) self storage facility where I own a minority stake.
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28 November 2017 | 1 reply
You know the work involved is much higher managing C properties.So as with many things, why not diversify into an A property, have your tenants pay your mortgage and your place to live, and set aside that money saved for yet even more deals?
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3 December 2017 | 9 replies
These options usually have very little fees compared to getting a loan against the property and needing a title company and/or a real estate attorney involved.
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29 November 2017 | 6 replies
@Basit Siddiqi we have not filed for the year yet.
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29 November 2017 | 9 replies
If you want to prevent them from selling to someone else, you could file a lawsuit in the county where the property is located and immediately record a notice of pending litigation (lis pendens) with the county clerk.