Hello All, I have been using SDIRA and SOLO401Ks for some time and understand when *I* have to pay taxes related to borrowing money. Where I have a questions now is that I have a potential 'investor' who might be inte...
Greetings!! I am brand new...literally a week into this game and I came across my first snag. I am an independent contractor and I am only 3 months in but within the same previous industry that I have been in for 10 ...
Good day to all,I have used many methods of cash in many purchases of our rental homes. I believe I heard on one of the podcasts that I could use my IRA to purchase a rental property. Are any of you familiar with this...
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
I just realized that listsource doesn’t include the state of SC (what a bummer!!). Any recommendations from you guys on lead generation methods to send out mailers? I’m only interested in multifamily in certain zip co...
I am interested in starting to acquire rental properties in my immediate area (MA 02375) to hold and generate income.I'm close to making my first deal and out looking at all types of residential single & multi-fam...
If I have a self-directed IRA, can I loan a LLC money to fund a fix and flip? I am a 30% shareholder and I was reading that because of my equity percentage, my LLC is a qualified person/entity for this transaction.
If I make a loan through my SDIRA to an LLC for a fix and flip, can I also make a loan to the same LLC using my private funds? Or is that not allowed? The LLC would manage the whole rehab. I would have no involvement ...
I recently bought my first set of apts! 13 one bedroom units that were basically all full at closing. I left them under PM for two months and have now taken that over personally.
I finally connected with my last rent...
I started looking into refinancing the mortgages on my investment properties- no cash out refinancing given that interest rates are low; my interest rates are b/t 4.75-5.25%. It seems that closing costs are too prohi...