Mike Dawson
Recommendations for affordable motel insurance?
Hi all. I am in need of insurance for a small(20 unit) motel in Kansas. The current company just quoted me more than double the existing rate. They claim that the replacement cost has gone up 400k since the policy ...
Stephen A Binion
Brrrr within a trust?
How would one use the Brrrr strategy inside a Trust?I own two houses inside a Self Directed IRA. They are owned free and clear. I want to build the portfolio using Brrrr.
Trevor Deeter
Creating an LLC or Trust for investment properties
Hello BP. I was advised by a seasoned real estate investment to create different Trusts for all on my investment properties instead of using an LLC ? The investor makes himself the executor of each trust. For examp...
Sandy Uhlmann
Note Newbie: What is a good JV partnership?
I am new in the note business and looking to learn the note business using money from my SDIRA. I have made a few acquaintances from BP and are hoping to JV with them to help me learn the note business. I am hoping ...
Yates Harris
Advice on renting primary residence
I am thinking of taking a job out of state and during that time I would like to rent out my primary residence which is a one bedroom townhouse in Buckhead/Atlanta. It does have an HOA but they do allow rentals for at ...
Michael Faudoa
How do I structure a partnership?
Hello all, I have a basic question about partnerships.
I have grown my knowledge on real estate enough to the point that I feel ready to make a deal. However, I have no money. My friend has no knowledge in real estat...
Joe Hermanson
I'm considering a Self-Directed IRA for Real Estate Investment
I'm considering to start a self directed IRA to invest in Real Estate and I'm wondering if it's worth it? I'm curious if anyone out there has used them and has an opinion on whether or not it's worth the effort. Als...
Brandy Stanford
WhatWouldYouDo if you were setting up a Trust & LLC for children?
Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
Jonn Vidal
Pros & Cons of Land Trusts: Is true owner really never revealed?!
So many websites discussing/offering land trusts boast 'Using a land trust, the true owner of a property is never disclosed'.
Obviously that is the result AFTER the transfer of property is already complete.
But wha...
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...