Jack Maisch
FHA Loan to LLC
6 May 2024 | 1 reply
No - FHA loans cannot be held in an LLC or it will trigger the "Due on sale" clause.
David Walton
Investing security deposits
6 May 2024 | 30 replies
@David Walton Colorado requires that security deposits held by brokers be held in a "Trust Account".
Robin Evans
Self employment or long term investment income
7 May 2024 | 8 replies
The fact that you held it for longer than one year does NOT determine the tax treatment.
Marty Neville
Property Manager not distributing funds
6 May 2024 | 19 replies
It took you an entire year to learn the funds were held, so I'm guessing you're not on top of your paperwork, either.No offense, but why didn't you go straight to your PM with this question instead of asking a bunch of strangers?
Carlos C.
Thinking of moving my 2 Florida rental properties into LLC
6 May 2024 | 7 replies
It could be thousands of dollars more in property taxes - depending on how long you have held them.
Monica C.
Real life syndication feedback? From investors and syndicators
7 May 2024 | 21 replies
The 3 deals were held for 13.5, 18 and 20 months with respective IRRs of 44%, 47% and 71%.
Elena Scott
How do property managers collect last month’s rent?
6 May 2024 | 8 replies
Tenants don't typically trash a place when two months of rent are held.
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
6 May 2024 | 12 replies
I currently have properties held in LLCs.
Devin Callon
Checkbook IRA cash management
5 May 2024 | 8 replies
If you worked with a quality firm, they should be able to assist you with questions about the mechanics of moving funds around.The bottom line is that if all accounts are held in the name of the LLC and associated with the LLC tax ID, they are interchangeable - kind of like different drawers in the same desk.If the relationship with Stessa is in the name of the IRA owned LLC, you should be fine.
Andrew C.
Selling a 1031 exchanged property with increased debt
5 May 2024 | 4 replies
Note that depreciation and time held will be big jokers in this whole scenario.