Andrew S.
Mixing personal & rental funds (sole prop)
Hey everyone, I have separate bank accounts for my rental business. The properties are owned in my personal name. Since I don't have an LLC, is there any concern/ caution/ potential future issue if I transfer funds t...
Mark S.
Avoiding Commingling Funds: Personal to LLC Account
I'm listening to a Podcast that has someone from Ridge Lending Group on there and it was said that as long as someone has a single member LLC that they own 100% (or if husband/wife each own 50% of multiple member LLC)...
James Perng
Mixing Self directed IRA and personal funds
I’m considering buying a property to flip but I don’t have enough capital to buy and rehab. However, if I combine personal funds and my self directed IRA, I would be able to. Is that allowed? I’m thinking my SDIRA wou...
Amanda Musumeci Deeter
SDIRA/SD401k... Loopholes to Fund Disqualified Persons?
Hello!My husband's father has funds in his retirement account that he'd love to invest in our REI business. He's willing to move his current IRA into an SD account so to have checkbook capacity, however, we found that...
Al Palomo
I've used personal funds for LLC bills
Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property, during the pandemic, I muddied the waters and used my personal funds to pay for renovation,...
Kathleen Frankovich
Using personal funds to buy with LLC
Hi Everyone. We are getting ready to make an offer on our first reo property with the intention of flipping it. We have set up an LLC and would like to make the offer through it. However, all of our funds are in pe...
Jared W Smith
Self-Storage Fund for non-accredited persons
As the post title says, I am interested in joining a fund which invest in commercial real estate, specifically self-storage facilities. I am not an accredited investor which I know limits options. bonus points if the ...
Brad Nelson
Tax filing question - LLC funding vs. personal
Hello, Am closing on a property next week.My LLC's business bank account outbound wire fee is $78 versus $25 if wired out of my personal account at a separate bank, where it's sitting in a line of credit. $53 differen...
Lovorn Brown
Help me with hotel investment bookkeeping.
We recently invested in a hotel group and put this under our business; we used personal funds to fund initial investment, and we receive dividends from this investment. How would you account for this in your books?
Eric E.
Strategy to lend from a combination of personal and IRA funds.
SDIRA experts chime in: So I'm looking to make a loan on a performing rental property owned in an LLC. It already has a first mortgage (at around 20% LTV), so a lot of equity. 75% of the $$ would com...