I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?
New to the forum here. Disaster struck last week and one of my rental properties burned down. Being told by neighbor that fire started in next door detached garage by vagrants on a property that I do not own. Both the...
I have rental income from my primary residence which I use as a STR, since we live overseas. In talking with my current accountant, I am concerned I am missing key items in my tax filing strategy including:1-Rental in...
I was debating on transferring my 401k to a SDIRA (with a trust or LLC) and it seems like there's mixed opinions. One person said they would never invest in RE using a SDIRA but never stated a reason why. I understand...
If the layout makes this feasible is anyone considering it? Surely the property would be worth more this way, especially if there is little yard area around the house. Also if one had a basement, perhaps egress priv...
Hey everyone,
Can anyone provide any information like pros and cons of using a self directed IRA to purchase real estate? Also, if you have worked with any reputable companies and had good experiences, can you please...
Hi All,I've been researching Umbrella Insurance options and the information I have found seems to be a bit limited in regards to the pros and cons of each company (ie Safeco vs Allstate). I have a rental property in t...
Hi Folks!I have rentals in South City St. Louis that I'd like to shop around insurance for. Do you have any recommendation for an insurance broker or an agent? thanks a ton!
Did you know that you could use a self-directed IRA in order to purchase real estate? I have spoken to a couple of different companies that specialize in this. Before I start referring clients to them I wanted to k...
Hey there bigger pockets. I have been investing for a few years and have built a modest portfolio in that time. I have stumbled into an interesting situation and am looking for feedback from anyone that might have be...