I am considering a strategy where I buy a STR in 2023 (do cost seg + bonus depreciation on it), then convert it into an MTR/LTR next year. My CPA said that this has never been done before, nor does he recommend doing ...
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Hi all,My father and I have located a couple of properties that we would like to purchase together. I need him for additional capital, and since I'm investing with my Roth IRA LLC, I need him to personally guarantee ...
I have a 2.5 car detached garage, and I'm thinking about converting the extra 0.5 of the garage, about 240 sq ft, into a studio apartment to rent out. I'm in Bartlett, IL, and I'm interested in hearing any tips for th...
I have just heard from a title company that a double closing or simultaneous closing is illegal here in Ohio and in the rest of the US. The CFPB does not allow it. Apparently you can not buy a property 1 day and sell ...
Hi Everyone. Any suggestions for choosing the right broker if I plan on wholesaling and investing?
Hello
My stepfather has interest in investing in an apartment building I'm purchasing via a second mortgage for a portion of the down payment for a fixed return. We determined that a self directed IRA was the best veh...
I own 2 adjacent parcels of land on one deed in Granby, each parcel with a single family home on it. Long term buy and holds. I want to do a shared well (private water supply), and everywhere I look on the Mass DEP re...
Hi all,I'm curious if anyone has recently built smaller flex industrial buildings/warehouses in Dallas area. Each building would be 5-6K sqft. with office in the front and warehouse in the back. What were your constru...
Can one cover the shortfall of a self directed 401k for property purchase with a cash infusion?