Good morning, If I purchase a rental property with my SDIRA do I have to find a company to perform the property management for me? From my understanding I would assume the answer is yes because if I managed the prop...
Hey everyone, I bought a property in my name a little over a year ago. I recently moved out of the property this past month and would like to turn it into a vacation rental property. I would like to do some minor impr...
Anyone know if it is possible to run a property management company from inside a self-directed IRA? For example, say I roll over $1K to a separate self-directed IRA. Then I have it start a C corp property management...
What tipis do you all have regarding trying to snag a property from an auction? How do you guys gauge how much money is too much?
Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
Can a landlord reject an applicant based on proof of income? Or does it vary by state. Lets say an applicant receives alimony, child support and social security disability, no job or work experience listed.
1. I have an opportunity to use my 401k selfdireted IRA (which is an LLC, so the member is uDirect, and I am the Manager) for a commercial real estate deal. I will be purchasing the commercial property with another ...
Hello Tax experts,I am california resident and I own one investment property in southern california which is cash positive with good equity. To be precise, i had purchased this property for $405K in 2014 and now marke...
I already own a rental house and I was wondering if there’s a way to transfer it into my IRA by buying off the loan with money from my IRA? If this is not possible could I sell it to an intermediary and have them sell...
The current proposed bill has the following clause: "The bill also prevents investing in an entity in which the IRA owner is an officer." which is generally how the checkbook IRA is structured (IRA owner is the Manage...