Blake King
Where to save for a down payment?
Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...
Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Christopher Smith
LLCs or Umbrella Insurance for CA Rental Properties
I've been considering whether to establish LLCs for a number of California rental properties (and maybe for some out of state). Establishing a CA LLC has some significant start up costs especially if an attorney gets ...
Alan E.
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Can someone familiar with the Grand Rapids MIchigan market tell me if the numbers that I ...
Adrian Smalls
Self Directed IRA Partnership for Flipping
Hello everyone! I have a quick question. What is/are the best way(s) to set up a Self-Directed IRA when I am the rehabber but I have individuals who want to act as a Lender. I am paying for the Rehab and managing th...
Edward Park
Transferring a property from LLC to LLC
Hi everyone,
Good morning!
We are transferring a rental unit from one LLC to another LLC. Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).
Questions:
When we t...
Sam Y.
below market rent to family member in paid off property- yes dumb
Hi, here is my dilemma. i have a paid off property that i've been "renting" to a family member since 2014. file a schedule e every year and take depreciation but thinking that may be wrong. since the property is pa...
Stephan Bataillard
Advice on types of lenders for refi on rental property
I'd like to know what types of lenders I should go to refi rental property.
My primary residence is a rental.
I'm a freelancer with a mix of W-2s and 1099s and my income varies year to year and especially this year ...
Tracey Thornton
Trading properties with nephew using Quitclaim deeds.
I own a 5 acre vacant lot in the country. And my nephew owns a 3BR house in a near by town. He and I want to trade the house for the property. I paid $52k for the property in 2007, and he paid $44 for the house in 20...
Andy Pillinger
capital gains on Primary
Hello all,I am going to sell my house/primary residence in a year. After all tax deductions 15% capital gains will work out in the region of $50,000 to $60,000. I have read that you are not able to use the 1031 on pri...