Kase Knochenhauer
Why does not one talk about Solo 401(k)?
7 March 2020 | 5 replies
@Kase KnochenhauerThere are posts almost every day in the forums regarding Solo 401k plans.Please see the following regarding Solo 401k vs Self-directed IRA, Considerations re Investing in Real Estate & Consideratiosn re Choosing a Solo 401k provider:Solo 401k vs Self-directed IRA:A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.
Mitchell Behm
I have a FHA loan question!
5 March 2020 | 0 replies
Does this apply for a co borrower, co occupant?
Allison Meggison
I met with a seller today and did a walkthrough but I'm not sure
5 March 2020 | 4 replies
However, I think he says that his numbers do not apply to ALL markets as labor costs vary from market to market.
Zach Gliddon
City preventing us from renting out our home
6 March 2020 | 4 replies
Apply for a waiver
Pete M.
KC Ordinance 180248 - Rental permits (not just AirBnB)
6 March 2020 | 8 replies
Such violations apply to actions or inactions taken by the permit holder, his or her agents, designee or employees.
Kevin C.
Form 4562 - 100% Bonus Depreciation
8 March 2020 | 3 replies
If you apply for a loan in the future, depreciation will be added back in, showing that you have more income from the property and allowing you to qualify for a bigger loan; if you take DMSH it will not be added back.Kevin C., if you're using TurboTax, you can add it as an asset and then mark it as eligible for bonus depreciation (I don't remember the exact line and box to check on the paper form.)
Jake Silverman
Fha loan in analysis
5 March 2020 | 0 replies
How do I input the front end loss of rent for that unit and then apply the rent for the remaining time?
Tyler Scott
Western colorado wholesalers
7 March 2020 | 3 replies
Is it worth it to work with wholesalers or are you better off going out on your own and trying to apply the strategies they do?
Jacob Oser
Credit Question: Funding Properties
6 March 2020 | 2 replies
Something that I've been wondering about is whether new investors looking to buy their first property using a conventional mortgage use their personal credit to apply for the loan.
Adam Young
Looking for a Contacts in DFW, Texas area
8 March 2020 | 2 replies
I’d like to find another property and apply the Brrrr method to repeat the process.