I have a self directed IRA. The LLC under the IRA owns two rental properties. I am listed as the manager of the LLC, from the rental cashflow. I was wondering if I can pay myself for managing the LLC? I will not turn ...
I think I know most of the answers to the proposed question and do know that it will require the proper steps through a real estate attorney and/or CPA. For my own edification, I wanted to propose the following.Curre...
I recently left full time employment to start investing in RE full time. Until now, I've been primarily concerned w/ passive MF investing, but the returns aren't yet sufficient to cover more than a small portion of ...
Hello BP! I'm in the process of transferring an existing IRA to a SD-IRA. I'm planning to purchase a SFR with cash (separate of the IRA $). Once I've acquired the property with cash, rehabbed, and rented - can I th...
If I make a loan through my SDIRA to an LLC for a fix and flip, can I also make a loan to the same LLC using my private funds? Or is that not allowed? The LLC would manage the whole rehab. I would have no involvement ...
Are there any incentives for an investor to purchase a multi- family in an opportunity zone similar to 203k loans if you're not owner occupied?
Hello,I have an interesting idea to deploy funds from my self directed IRA (SDIRA) into mortgage notes, which I determined is a good way to invest my IRA funds.I understand that I am not allowed to lend funds from the...
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
Good morning all,Question regarding transferring IRA from one firm, to another. Since the account is a traditional and subject to tax, just wanted to make sure I am able to transfer within 60 days in order to avoid ta...
So both my Partner and my's parents have large IRAs. they would like to invest with us using their IRA. Is there no way for them to lend to us using an IRA? because we are "disqualified persons". Is there any work aro...