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I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
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HiBeen a member for a while but this is my first post. I have elderly parents who own a multi family just north of Boston. My siblings and I are looking into creating a trust for the property. Eventually the property ...
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Hello,
So I have my RE license and I've signed on with a broker in my area. My primary intent is to manage 10-15 units for 3 years while continuing to work my regular job. After 3 years I will likely set up my own ...
I have a tenant that never put the water nor sewer bills in their name and it states in lease that they are obligated to do so. I paid the last quarter's bills because they were experiencing a hard ship, but they were...
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Hello everyone, I need some advice. I have these tenants that are very needy and expect there maintenance repairs to be done immediately. They called me the other day (Sunday) saying there stove didn’t turn on and ...
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Hello experts,I believe that for a full tax deferral of profits through a 1031 exchange, I need to have occupied the property for at least 2 of the last 5 years. A rental property that own was occupied by me for the f...
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I'm looking to sell my duplex in Bethel, CT and have a target amount or proceeds that I want to walk away with. To achieve this target amount using a realtor, I would have to mark up the price a bit to help compensate...
I am a first lien holder on the property and I am about to foreclose . I have an interested party who is claiming to be the 2nd lien holder and they have lis pendens , open lawsuit without a judgement and unrecorded d...
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Hello BP. I have spent a lot of time searching the forums for info on this topic and not come up with much specific information. Any help, info, advice, or stories of your own experience are GREATLY appreciated!!!My f...
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Over time I have seen many people over-pay for properties they plan to flip, and then try to make it up by trying to work with the cheapest providers. Often times resulting in bigger headaches like bad jobs, massive d...