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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?
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Hi, need some advice!Next spring I will be putting my flat in London on the market. I bought it in 2010 with a mortgage (a private loan from a friend) the price has almost doubled by now, and as I got married to an Am...
I've already contacted 2 custodians on this matter and one says it's ok and the other says contact a CPA or lawyer. I've reached out to both but figured I'd ask here too. I know it's a confusing subject so I'll try t...
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Hi all - first post here, but not new to the community! We have 3 doors in Winston Salem, and are exploring doing our first purchase that would involve a rehab. I understand the high level strategy of the BRRRR method...
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Just noticed on my profile I have "get a mentor" as part of what I'm looking for or goals. Now I read "...that they are looking for a mentor to teach them all they know but offer nothing in return but the privilege o...
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I have some funds in my self directed ira that I want to use (around 10k). Can I loan the money from my sdira to another LLC that I created? I'm not sure if the LLC I want to loan to is a disqualified person
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Hi, Everyone,I just bought one condo and the condo's association has 16 units altogether and one properties management took care of everything. There are 3 board members. I would like to know the financials of the HOA...
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Hello all,My business partner and I are finalizing on a property management company for one of our property that was intended for a flip when we purchased but we have decided to rent it out for the time being. Is it c...
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Hello All,a newbie here..I am contemplating purchasing a piece of land ( a wooded lot that is zoned for multi family construction) in Chicago area..it is priced very low. with the intention of getting a loan to do the...
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Hi - I have been reading posts about multi-family syndication. I wonder how the syndication works. Are investors LPs and the syndication guy/company as the GP? I assume these syndication deal are all-cash deals? N...