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21 April 2019 | 10 replies
@Alan FaitelYour IRA can lend to an LLC (regardless of what that LLC is doing) as long as it is an "arms length" transaction, meaning that you personally can't be involved in any way in this transaction.
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30 August 2021 | 10 replies
To retain that tax-favored status all investments must be at arm's length and may not directly or indirectly intersect with you or other disqualified persons.If you know and understand an asset like multifamily, you can setup a self-directed IRA and invest in deals sponsored by others.
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1 June 2015 | 8 replies
(I apologize for the length)I have an investor (just one) looking to get involved in REI, who is self employed.
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28 December 2021 | 8 replies
Short term rentals fall into an in-between where your material participation and average stay length can technically make losses deductible against your w2 income regardless of your adjusted gross income.
6 August 2014 | 3 replies
When it comes to using IRA funds for investing, the transaction must be 'arms length'.
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23 October 2014 | 31 replies
Another good one to try is to give the wrong address for the rental unit that the applicant supplied, and for a different length of time; the real landlord will say that isn't the correct address, the friend won't know the difference sometimes: "I see that this tenant of yours rented the unit at XYZ address for the last 5 years" and wait for the corrections.But I always try to get phone numbers on my own, based on the rental address that was given (and the employers' names that were given too).
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3 June 2015 | 65 replies
And in the case of Detroit, why would people want to live there badly enough to go to great lengths to obtain decent educations for their children?
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20 January 2017 | 29 replies
Lease payments are calculated based upon how much the vehicle is expected to depreciate during the length of the lease.
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11 March 2010 | 4 replies
Ask him if he has any extra rubber rolls laying around that he might want to get rid off ( rolls come in long lengths 10,15 feet)and you want atleast a few feet.He might ask what do you need it for.Tell him you have some buildings you own and that you keep getting leaks and you are planning on having a buddy of yours SON<--this works everytime.come replace some areas that are kind "FXCK UP" please use this word because then the guy will actually like you.And tell him you are on your way over there now if he wants to stop over and take a look.He might just jump in his truck with a buddy and come check you out.Then he might want to take the cash job himself and send some of his side job workers over and since everything is off the books you get a discount.I am giving you a hustle not a formula.This will apply to most construction people.I always say the coolest peoples are ******** and bitches.
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7 September 2010 | 24 replies
There are several things to consider when building credit, and the length of tiime it takes to achieve it.