Steve Hiltabiddle
My LLC and my SDIRA - Origination fees for my LLC
I have a question about using my LLC to originate a loan that my SDIRA will fund. I will not be lending to myself but to qualified party so as not to create a prohibited transaction.
My question is, since my LLC is...
David Lunsford
transitioning from dealer to investor
After speaking to CPA's, the tax attorney and real estate attorney it's clear I cannot run a dealer business out of one entitiy and create installment sales in another entity without running into problems with the IRS...
Mike Dawson
Considering SDIRAs for a specific situation, and moving forward afterward.
The more I look, the more questions I seem to have. I'll try to keep it concise. Thank you for any help you can offer!Quit my job last year. I have a TSP still in place which I would like to rollover to a SDIRA(pos...
Alex Ng
Gator Lending Business
Hi, I'm looking to start a new gator lending business. Has anyone had any success with Gator lending? What are some ways to protect myself in a gator transaction? I'm hoping to build a network of wholesalers that are ...
Joshua Sun
Should one open up a business bank account before starting out?
My girlfriend and I have been saving to buy our first investment property. Should we talk to a bank to open up a business account? I hear it will be easier for CPA / Taxes later on if all expense from purchase, rehabs...
Frank Rizzo
SD IRA Real Estate investment question | Prohibited transactions
I have a home building company and a real estate sales company. I would like to use a Self-directed IRA to purchase lots. My building company would build single family homes on the lots, and my real estate sales compa...
Antonio Bodley
Can I use transactional funding later?
I know you only get to use transactional funding when you have a buyer already lined up ready to buy your deal. When I first get the property under contract with a purchase agreement, I got 30 or however many days I ...
John Caleb Pavlus
How Are You Handling Non Paying Tenants ?
BP,
I have a couple tenants I can't evict during COVID who haven't paid in quite some time. What is your approach? How are you handling it?
Thanks!
~Caleb
Austin R.
How to start a company that raises capital for investments.
I was wondering if I could get some advice on how I should go about starting a company that raises capital from investors to buy properties. My idea was to somehow raise the money for a complete purchase or a downpaym...
Jon Stephens
Difficulty securing contractors
Good morning all!I am eager to get started with trying my hand at some house flips, and one of my concerns surrounds contractors.How do you get contractors on board in a market where they are struggling to find enough...