New investor, looking for advise on the possibility of using an inherited IRA for leveraging a property. Let me know if you have any experience in this matter.
I've been reading up on using self directed IRA's to finance real estate, and I haven't found an answer to this question. Once you buy a property in a SDIRA is there any way to get that property out of the IRA and sti...
Hi There!I own a commercial building with 1 partner in OR. We are looking to sell, and I am hoping to 1031 my share of the sale but my partner is not. Currently we own the property through a shared, two member LLC.In ...
Hello! I have a scenario, I wonder if someone with tax skills can help me figure out. Here's the hypothetical:An LLC with 2 members owns $2 million in fully-paid residential real estate assets. No mortgages. The LLC w...
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
I have a beneficiary self directed checkbook IRA and I am required to take RMD. I am going to invest in a real estate fund that will give monthly distributions from the investment. I have the option of reinvesting the...
After talking to a lawyer, we are pretty sure we want to set up a Texas "series" llc to hold the rental properties and another LLC to manage the rental properties that we have but there are some issues that boggle my ...
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 ...
So I and 2 friends created a TX LLC for the purpose of meeting a $100k minimum to join as Limited Partners of an LLC that bought a multi-million dollar, 200 unit apartment complex in Atlanta Georgia. We did this in F...
I currently have a home that I purchased outwrite using my self directed IRA. The home is currently owned by my IRA LLC. Once I turn 59.5, can I transfer the house deed into my name directly since I'd be retirement ag...