Mark Carson
Consequences of loss on unsecured note held in Self Directed IRA
28 July 2015 | 3 replies
You will now have cash in your IRA account instead of a loan for whatever face amount the original loan was.If you keep the cash in your existing IRA account, when the custodian does Fair Market Value reporting to the IRS your account value will be reported at the reduced amount.
Matt T.
Subdividing lots near Pensacola, Fl
4 August 2015 | 14 replies
I have seen the existence of oil tanks not be remediated properly, and it end up costing a developer $500,000 to remedy the situation, including the environmental impact and the cost of fees and penalties levied against them.
Ken McGrew
Revocable Trust and LLC as beneficiary in Texas
26 July 2015 | 9 replies
The new LLC then contracts with your existing LLC to manage the property.
Brad Denkhaus
Sub 2 / Assumption Marketing Profile
26 July 2015 | 1 reply
Clearly the existing financing will need to cash flow if you don’t intend to refi, but beyond that, what would you be looking for with respect to a seller’s marketing profile?
Chuck King
1-2% Rule
2 August 2015 | 19 replies
The 2% rule existed when home prices bottomed out but rents were still reasonable.
Jacquice Davis
Kai Hicks
Non-essential Request by Tenant
4 August 2015 | 64 replies
Well our tenant was a pre existing tenant.
Mark Wikkerink
Can I add my duplex to an existing LLC?
1 August 2015 | 1 reply
I think we should have an LLC for peace of mind, but I want to know - can I add this under my existing LLC somehow?
Adrian Chu
Cost of a Fire Hydrant
5 August 2015 | 5 replies
$5000 +/- for replacing an existing one.
Zack Broaddus
Cashing out on a vacant lot
31 July 2015 | 1 reply
From the research I have done it looks like you can do a refinance if you have an existing loan but not a cash out refi.