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I was considering using money from my self directed IRA to purchase a home to be used as an Airbnb. I was having a hard time getting some clarity around why I would be taxed for short term rentals vs Long-term. Oh...
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I found this too good to be true. Can anyone confirm it this it true? I heard a guy say that, if you fund the earnest money deposit on a wholesale deal, purchase agreement contract, (A to B) with a check from your...
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Seeking a bit of guidance on SDIRAs. Background: I own a handful of properties in Maine and am looking to grow my portfolio. My grandmother has a sizable IRA and is becoming more and more apprehensive about her tradit...
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How do you contact L&I to change contractor on a permit? I have a pending building permit and everything is ready but the original contractor's license expired, so they wont issue the permit. I'm in the process ...
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Hi BP investors,I have this townhouse(short sale) under contract since August of this year. I got it under contract for $163,000, plus I have to pay the following out of my pocket:$2,251.89 = sewer capacity$ 651.27...
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We are are trying to buy our 3rd property, 1st STR, with a second home loan. At the moment we are maxed out with our DTI. We were hoping to see if anyone knows a lender that will count our newer rental income, (less t...
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FYI...
On March 22, 2021, the Baltimore City Council passed legislation that mandates changes to all residential leases and impacts when late fees may be imposed.
Specifically, the law, entitled “Late Fees for Past ...
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So, as you all have probably noticed, the market is really, really hot right now. I just checked the inventory for Jackson County, MO (the biggest county in Kansas City, where I'm at) and there is only 0.6 months of i...
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How does an eviction work if you hold a rental home under a SDIRA?
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Hey BP.....I was thinking to have my second floor unit as a section 8 housing. The property of in Saddle Brooke, NJ; 1/1 with 1000sqftYour thought please