Nixon Vayupak
Step up in Basis pertaining to a Land Trust
Would anyone know the tax rules in regards to a "Step up in Basis" pertaining to a Land Trust. We have a person who passed away and created a Land Trust. In the Land Trust he made himself as one of the beneficiary an...
Dan Barman
Borrowing Against an IRA???
I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
Hae-Yuan Chang
Subject To vs. Lease Options
Hey everybody!I am going to reach out to some landlords this week to make a few offers. I'd really like to weigh both Subject Tos and Lease Options, and how to know which is better for which situation. Some thoughts t...
Andres Perez
Help With Land Trust
Hey, I'm interested in moving one of my rental properties into a land trust. Has anyone done this before?
Kyle Johnson
How To Put Rental Under LLC
I moved out of my old house and turned it into a rental. The deed and loan are under my name but I want to put it under my newly created LLC. What is the process for doing that? My rental is being managed by a PM. Do ...
Daniel Decker
Self Directed IRA Questions
I recently inherited a 401k from my father, and am considering my options of what to do with it. I'm debating cashing it out (without penalty since it was a death benefit) or rolling it over to a SDIRA. If I cash it...
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Land Trusts
I have an oppertunity to do a land trust on a property. I think I have my head around the whole idea. My question is has anyopne done a deal like this and how are the lenders looking at this type of seller now days an...
Jonathan Ward
Selling property... Sister can't report sale to IRS this year.
Hi,My sister and I rent a property that's in a Revocable Trust. Our tenants have given notice and will be out by 5/1. Being an 87 yr old home, I would like to sell the property. She and her husband have been hit hard ...
Kranti K.
Defend subpoena to trust.
Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...
Jake Smalley
(Please Read) - Creative structure required involving Trust and family sale
I've come across a property problem I'm hoping to help solve. Here's the rundown:Grandmother owns house (free and clear), her daughter lives in house as well with four children.Grandmother passes away, leaving behind ...