Joe Palmer
Partnering within a SDIRA
I have been under the impression that I can not in anyway partner with a disqualified party. Such as myself or a direct descendant. However, I was at a meetup last night where a representative from a well known provid...
Jesse Choe
Are You Allowed to Force Renters Insurance
Can you put it on your lease contract or force your tenants to have renters insurance if they are going to be renting your house rental?
Gonzalo Perez
Refinance using self directed IRA
I purchased a rental property several years ago using my home equity line of credit from my primary residence. Can I now refinance my rental property using my self directed IRA to pay off my line of credit and transfe...
Tom States
401k rollover to checkbook IRA LLC?
My game plan was to rollover my 401k to a checkbook IRA LLC. But the mortgage company wanted to close fast on a short sale before I could set up the LLC, so I had to rollover my 401k to a traditional IRA and take a di...
Jonn Vidal
Has OR banned "love letters" from buyers.. only when via Agent?
Never heard of agents doing this for their buyers (passing along love letters for their buyers to the seller) but apparently suit have already been filed over outrage that this is no longer allowed in Oregon, as the...
Paul Sandhu
Arbitraging a storage unit as an STR
You know what a storage unit is. Those storage buildings all in a row with a bunch of garage doors where you can rent out an individual unit to store your stuff. A person can put some rudimentary furniture in there ...
James Hamilton
Marijuana/drugs clause in Lease Agreement
Hi all, just have a question about the following clause in the Standard Lease Agreement I pulled off BP (one of Brandon Turner's documents included when you order his book). See below. "MARIJUANA AND OTHER DRUGS: Tena...
Michael Murray
Can I loan my partner SDira funds to do a flip?
I am partnering with a friend on a flip. Part of his funds will come from my SDira. He will be signing a promissory note and borrowing money from my SDira and paying interest. He will then use this money to help pay f...
Jeff Rabinowitz
Personal note and SD IRA note on same project.
My wife and I have written a personal note (made a loan) on a real estate project. This project is going to require more funding to complete. I am considering providing a second loan, from my self-directed IRA (or ...
James Sullivan
SDIRA checkbook status and credit card
I have recently went through the process of setting up my SDIRA with checkbook status. The bank that is housing the LLC insisted that I have a credit card. Is it a prohibited transaction to use the LLC credit card to ...