Hello,I have a decent sized 10,550 sq ft. lot with an (1930) old/small 1br house on it. Most of the value of the lot is in the land or potential. Its zoned RM-6, so only one multifamily dwelling unit can be placed eve...
Through administrative foreclosure due to unpaid taxes, I was recently deeded an out-of-state property that has some occupants. I don't know if they are the former owners or renters and how they might react to "the n...
Hey folks,
First and foremost, I have been a lurker for about a year now to these forums and have valued everybody's take on real estate. Thank you all!
I however have came across a problem with an heir (PR) who's ...
Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
Thank you to anyone in advance that could help me with this loaded question / situation. My father use to own a piece of industrial land with two commercial rental bays on the lot. About 9 years ago he transferred tit...
Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in IL would recommend for someone looking to buy multi-unit properties from 2-4 units. I am located in Na...
So I've read through a lot of the land trust info and find myself still a little muddled about it.So here's my question.My wife's parents own their house outright so we are trying to figure out whether or not to sugge...
Hi everyone,First time posting and am new to this world. I have an opportunity to buy my grandmas property at 341k and is valued at ~400k. We will have to go through probate to become administrator. My questions is, a...
Is it "IRS legal" to buy a distressed property with a self directed IRA-LLC, hire a contractor to do all of the rehab., hire an atty., a realtor and other third party services to process the documents, and put every p...
If you have donated assets to a Charitable Remainder Trust, and became the trustee of the trust, please share your experience regarding control and ongoing expenses. I am trying to go through a shoulda coulda woulda e...