SHANELLE SHERLIN
Using a SDIRA on a joint venture property with financing
Hi all,I am looking to set up a self-directed IRA with money transferred from a previous employer 401(k) to invest in a duplex in OK. The purchase price is $250K and I would be going in with a partner, likely by creat...
Mike Wadsley
Covid Update 11/18/20 for Colorado
Guidance received from The Colorado Association of REALTORS®On Tuesday, Gov. Jared Polis, Mayor Michael Hancock and other lawmakers announced the new rules, which apply to Denver and 14 other counties: Adams, Arapahoe...
Taylor Comer
Sacramento Newbie!
Hi, my name is Taylor and I currently live in the downtown Sacramento area. I am in my early twenties and manage at a well-known fine dining steakhouse.Throughout my life, I have never been close to anyone who was tru...
David Pupo
Direct Mail Campaign 1st Wave Completed!
After hours of networking, months of reading, and months of raising capital.... We were able to launch our first wave of letters to Absentee! Our list is 1200 total and sending out 250 "handwritten" postcards every 2...
Chris Brown
Commercial Office Condo
Hello Fellow Forum Members.......My partner and I are considering purchasing an office condo for a separate business entity we own. There will be an instant lease in place from our other entity. The separate entity is...
Eric M.
Got a call back from Direct Mail. What next?
I received a call back from my direct mail. The property is "The Cotton Mill" condominium complex next to the WW II museum. It is not the property I mailed about and is my first time doing direct mail campaign. Proper...
Marco Padilla
What to do when your rental property has a fire and we are out of the country?
Hello everyone,
I am the owner of a rental property and currently
out of the country. Unfortunately, I received the devastating news that
my property has caught on fire. As I am unable to physically be present ...
Chelsea C.
C-corp refusing to give us accounting info.
Thank you for all your replies.
Denise Evans
Tenant Background Checks and Fair Housing Violations
HUD recently announced that relying on arrests (without convictions) for tenant screening violates the Fair Housing laws. Also, relying on convictions as an automatic disqualifier violates the Fair Housing laws. Scree...
Anthony Conte
New Tax law - LLC Rental Income
With the new tax law, net income that is received via a pass through entity is allowed to have a 20% tax deduction. Essentially 20% of the rental’s net income is tax free.Most owners have mortgages on their property ...