Jaden Lowe
Roth IRA - Transfer
22 March 2023 | 2 replies
Any income generated from the property must be deposited into the IRA, and all expenses related to the property must be paid for from the IRA.If you use leverage to purchase the property, the IRA must be the borrower, and you cannot personally guarantee the loan.All transactions must be conducted at arm's length, meaning you cannot do business with yourself or any disqualified persons, such as family members.These can be complicated so definitely work with an advisor to make sure you set it all up correctly.
Alicia Marks
AMA Night: Avery Carl of "Short-Term Rental, Long-Term Wealth"
17 November 2021 | 97 replies
. ;) Another cool thing is that they can be 20 or 30 year fixed so no ARM to worry about.
Joseph Brantley
Columbus, Ohio Purchase and Sales agreement?????HELP???
28 September 2016 | 8 replies
I believe no-one should be helping you to circumvent the Ohio Regulator's explicit goal of stamping out Unlicenced Brokering as is commonly practiced by guru-hyped Wholesaler wannabes.But if you wish to OWN properties properly, THEN sell them, then any Purchase/Sales agreements (x2 for double-closes) will likely suffice.
Joe Leeds
Graciously raising the asking price on rental unit already listed
19 March 2023 | 11 replies
That's how are investment arm handles it.
Jon Ful
Tenant vs Landlord Expense (California Residential Lease)
10 March 2023 | 4 replies
Since the lease does not cover it explicitly (CAR lease), do you think it falls in the bucket of routine maintenance?
Gary Love
5% down then living and buying new place each year advice
23 March 2023 | 14 replies
Have your lender price out prepaying instead of monthly on the PMI on the new purchase (I did this once because it was half the price, I didn’t another time because it was basically the same price), or you might just plan on doing a refi on the new purchase in a couple years to remove pmi and possibly a lower rate or consider doing an ARM.
Nick Stormoen
Initial Walk through
26 February 2016 | 12 replies
Or a 5br under 200k to rent to college students each for 500 a rm?
Trevor Thompson
Local events to learn and network - Utah, Salt Lake and Utah Counties
12 February 2014 | 3 replies
I participate with almost everything that they do.MJA Real Estate is our local education and networking arm.
Amir Navabpour
Evict tenant now or just wait?
24 May 2022 | 9 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
Andrew Steinhaus
Q's Transferring a property into a Land Trust, to be held by LLC
29 November 2022 | 7 replies
The transfer was not considered arms length because full value of the asset was not provided 2.