Joshua Smith
Roth IRA for Deal Assignments
I stumbled across what I believe to be a genius way of shielding active real estate income.
One can tie up a property for, let's say $1K. This $1K would come out of a Roth self directed IRA. Deal is assigned and Assi...
Clinton Davis
What's the latest on this BOI?? Go or no go?
I think it was BOI acronym but I heard it got postponed then came back and postponed again? I have an LLC do I need to file this form to the IRS? thanks.
Peter Maguire
Possible issues with paying Property Taxes late?
I'm in the final stages of a Flip project in Chicago (~3 weeks to completion) and the Property Taxes are due on March 1st. I'm close to maxed out on the rehab budget, and the $1900 for the 1st Instalment of Property T...
Henry Kam
Property management referral comission
Im an out of town buy and hold investor interested in selling my rentals to investors from my own area. Im dealing with a property management company that i feel comfortable referring my potential buyers to. Im curiou...
David Hughes
Help evaluating Mobile Home Park and strategy to increase value
This is the first MHP deal I have analyzed and would like to hear your opinions about it------------104 total sites, 68 owner-occupied, 36 vacant on 3.5 acres -On city water/sewer-Lot rent is $310 and at market rate-A...
Chris Kendrick
Cash out refi
With new seasonal period of 12 months for cash out refi on brrrr , only option is a dscr loan for around 7.5% at 6 months, my question is that if the property is paid off with no mortgage, do I still have to wait a y...
Michael Walton
Early Distributions from an IRA for a 1st time home buyer 72(t)
Hi,This is sort of a unique question that I've been struggling to find guidance to online. First, my situation: I own a four-plex that I purchased in May that I do not, nor have I ever resided in. Outside of our l...
Corey Kane
Using 401k to purchase retirement home early
I am about 15 years away from retirement and would love to be mortgage free when I retire. I would like to buy and move into my retirement home now if possible. Question, does it make sense to use my 401k money so tha...
Casey Marley
Re-finance vs Equity line of Credit
I have a commercial loan on a 10-plex in which I'm looking at pulling out the equity to invest in additional properties (BRRRR strategy). My main issue is that I have an early payment penalty for the first 5 years of...
Pra Che
Deal not going right. Need some legal expert advice
Hi, I need a legal referral and/or advice on a deal I’m working on. I got a property in escrow but the closing date is past due now, more than a week old. I did inspection with my own costs. Found several issues. Look...