Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
Adam Juodis
What % of rent is a safe estimate for Vacancy/Capex/MGMT/repairs?
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
Adam Hurst
Can I ask for proof of income?
I got this application. I can’t imagine an adoption subsidy that is $10k per month. Can I ask for proof? A few other red flags but this is the main one. It puts this applicant at 6.7x rent. Rent is $2150.
Micah Starbuck
ROBS -> Self Directed IRA -> ROBS?
I've been brainstorming on the best way to leverage my employer 401k to scratch out a living.I know there are limits on what you can do with each type of approach when utilizing retirement money. A ROBS is good to ma...
Ryan Cooper
Yearly fees on Self Directed IRA (SDIRA)
One of the books I'm reading says that it's best to pay the SDIRA yearly fees out of pocket to maximize the amount of money.Now, I'm sure the transaction fees of an investment have to be paid by the SDIRA but is it st...
Ana Nomys
Att. CPA's! How does the IRS look at and treat virtual/shared office space as my "registered" place of business
I want to move my business and business address out of my home office. I would like to rent shared office space where I can hang my business and professional licenses that also offers a shared assistant that will prov...
Cody DeLong
Targeting Lien Lists and Probate Direct Mailing
I have access to the full deed database online in my county. What exactly should I be targeting to get some solid leads? I'm able to see Liens, Probate, etc. I can also view all documents but have to click on each ...
Nathan H.
Year End Tax Planning: QIP and CARES Act
Hi all,
I was working with a client yesterday in analyzing how the CARES act may effect his year end planning. As a result, I want to share this powerful deduction incase it applies to anyone here. It could have a ma...
Anthony Mitchell
Investing retirement funds with Solo 401k
How valuable is a solo 401K for investing your retirement funds into real estate?
Raymond Hill
S Corp LLC (Timing, LLC with and without)
Hello Everyone.My business partners and I wanted to know when is the best time to form the S-Corp in terms of if we should find the rehab deal first then form the S-Corp or should we form it now. In addition, whether ...