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SDIRA LLC and Flipping Lease Options?
If I use a self-directed IRA LLC with checkbook control to fund the lease option consideration, can I then deposit the profit from flipping the lease option into the SDIRA tax free?
Eric F.
Seller's father in nursing home on Medicaid, best way to handle
I am under contract to purchase a house. I have been dealing with it for 3 months. I have only dealt with the seller's son.The story is the father is on Medicaid and in a nursing home. When we wrote out the contract (...
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Seller's attorney wants to change contract terms
I'm working on wholesaling this property, where I put down my LLC "and assigns" as the buyer. Seller and I both signed and the contract was forwarded to her attorney. The seller's attorney wrote back changing some lan...
Terry Matula
About to close on a duplex with tenants who are being evicted.
I'm waiting on a return call from an attorney, but I wanted to see if there were any quick opinions/thoughts on this: My wife and I are buying a duplex, and the existing tenants are 3 months behind. The current prop...
Tim Watcke
Hard Money Lenders and TRID implementation?
Hello- this question is for hard money lenders. What challenges are you anticipating on Oct 3 this year when TRID is supposed to be implemented? Based on my research, it looks like HMLs doing more than 5 loans a year...
Sean S.
Roof Warranty Issues
Hi Guys,I recently purchased a property. A tree fell on the roof in 2018 and it was replaced via an insurance claim. The seller used a public insurance adjuster who hired and oversaw the replacement. It came with a 10...
Luke Krause
Renting a house from yourself to use as office space
I just bought a new house but still have my old house. I also cancelled my small executive office space lease due to COVID-19. I am wondering if it makes sense for my business to rent my old house (from myself). The i...
Patrick Q.
Expense And Income Set Up Of 1st Rental
Hello All,
I am just getting started with investing in real estate and want to make moves to purchase my first rental property.
Assuming I do not establish an LLC or other business entity to 'own' the property the f...
Ben Morrow
One Airbnb or VRBO Account with Multiple Properties and Entities?
So I am going to be managing multiple listings and I want to make sure I am not missing anything that you experts are doing. When all is said and done I will have up to 8 properties listed and on some I will be the so...
Yusimay Lorenzo
Hello from Miami!
Hi everyone,
My name is Yusimay Lorenzo, I'm a new member, but a longtime YouTube follower.
My husband and I have been wanting to invest back into real estate since we sold our first home in 2021. We plan to conv...