Is it allowed to obtain a heloc on a property owned by the LLC and the LLC is owned by a self directed 401k?

Hello all. I started wholesaling a few months ago and am on my way. My first 2 deals should close this week. I have been sending out about 500-600 yellow letters a month with about 15% return. I am using the most ...

Recenty I've begun investing in a lower income area (row homes under $35K for three bed, two bath) with some neighborhoods better to buy in, others better to avoid like most places.  Has anyone given letters to new te...

I’d be interest to know if anyone has offered seller financing when selling a home. The pro’s and con’s are pretty well documented, but it would be interesting to hear personal experiences, good and bad. For anyone tr...

If you use your Solo 401(k) to purchase real estate, I understand that there are certain prohibitions on it, such as all income must go back into the property.

As far as hiring people to work on the property,...

I've been waiting to post this for a while, as the details were a bit fuzzy.  But there's a new sherif in town.  Google the term "Google Vacation Rentals". You will see various properties listed for any area that you ...

Can one cover the shortfall of a self directed 401k for property purchase with a cash infusion?

Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...

Just starting out and have found a 2500 sq ft duplex in historic neighborhood. I can pay cash for the duplex, but needs upwards of $50k in rehab. Purchase and rehab is about $80k and should rent for 1500-1800 a mont...

After completing my taxes this year for my 2 rentals (just purchased last year), I have capitals gains that are affecting my taxes with my husband and our W2 jobs. We have a long term amd short term rental in a LLC in...