I am trustee holder for (I own) four rental properties through my SDIRA (Self-Directed IRA). I heard from a tax adviser that a rental property in a SDIRA is a tax shelter within a tax shelter. I thought about it and ...
I just learned about self directed IRAs and am extremely interested in this as an option. I was told that if I buy a house to rehab, that I am not allowed to do any of the work myself. That if has to be done by a lice...
I am under contract to purchase a property that is a bit unique and has apparently become a nightmare to insure. The property is a single family home with a garage apartment that has 3 separate units in it. Essentiall...
I have a property that was purchased owner financed with a Deed of Trust in 2011. I subsequently moved out of the area but kept the property. A family member moved in and pays the PITI. So essentially it’s a rental no...
Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...
I would like to get the funds out of my 401k to purchase more rentals. I love this business and think I could do better than my broker. Is there a way to do this and not get hit with a penalty? Leave the RE in a re...
My husband will be 57 1/2 in 2019. Is there an advantage to starting a self directed IRA with money he has in a past employers IRA or just draw money from that IRA or his regular 401k when he turns 57 1/2, if we wante...
Should a flipper (who is structured as an s-corp) consider buying additional properties before the years end in order to offset higher than normal profits on a tax return?
My business partner owns a large multi-family property that he’s offered I buy into in the near future. I’m very interested in the deal, but he’s owned it for a long time and there is very little depreciation remaini...
If I buy a property for $140,000 and 2 years later it sold in a 1031 exchange for $60,000 but I have a loan on it for $130,000 can I buy a property for $260,000 or $120,000? Or am I completely off?