David Gwilt
Solo 401k - using both Traditional and Roth for investment
I am going to be doing a debt consolidation loan to my brother-in-law using my Traditional and Roth Solo 401k (because I don't have enough in any single account). I have opened the Solo 401k checkbook accounts and ha...
David Roberts
michigan dissolving llc and annual statement
I have a few extra llcs that i wish to dissolve in Michigan. I received the letter for each llc from the state to send in $25 and file annual statement, and that is due february of 2016.Since i am going to dissolve...
Ram Srinivasan
2nd Mortgage Loan
HI all, I am looking to lend on a high end flip, looking for your input.Property is a Million + home on waterfront IN Chestemere, Alberta.As is value based on an independent appraisal 2 weeks ago is 1.03 Million. Reno...
Tom Bukacek
Obama's Main Streets Bailout Coming this Month
The following are excerpts from an article on Reuters.com:
"Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie ...
Ryan Planchon
Additional Property Managment Costs?
Where do you factor in additional costs for property management? Such as for a new lease or renewal? I saw that some property management companies charge 1 months rent or 1/2 months rent for those services? Is that...
Daniel Dietz
Selling to a Prohibited Party AFTER taking a property out of SDIRA?
Hello,
I have not been able to find this specific topic in the archives, so here goes.
Scenario; An individual purchases a house as a rental property within their SDIRA, AFTER they have turned 59 1/2. They then hold ...
Srikanth Katuru
Investing using SOLO 401k and LLC Simultaneously in the same deal
Hello Multi-Family Investors,Would like to post this question and see if anyone has experience with this scenario of investing in Multi-family. Can a Deal Sponsor invest funds from his/her own syndication deal as two ...
Ryan W.
Why so long to get to sheriff's sale following BK discharge
I am looking at a foreclosure that is approaching the sheriff's sale date. The original foreclosure complaint was filed in 2007 and the judgment entered and initial writ issued in 2009. The owners then filed for BK ...
James H.
What are "Tier 1" properties?
I read the term "Tier 1 zip code" from a post in a thread and was wondering what that meant.
Greg W.
Individual LLCs and/or Holding Company?
If you have one property, you put it into an LLC, get an EIN and a business checking account for it and run you income and expenses through it. No problem.Now say you have 35 properties and each are held in individual...