I'm new to business and seeking some clarity before consulting an advisor. Could a land flipping business or homebuilder (sole proprietor LLC) spend all profits on land to be held as inventory? Any and all advice is g...
Hi guys,I have a question for you:I have an acquaintance who went to jail for tax fraud. He says another big business came to town and wanted to buy him out, but he refused. So that business sent a couple of accountan...
I am familiar with 1031 Tax Deferred Exchanges. However this issue came up;EG. Selling a FREE & CLEAR Investment property for $500KNow if you as the seller are doing a 1031 Exchange and SELL this property and hav...
Can a SBA 7a loan be used for ground up construction of a vacation rental property? If not is there something similar that can be?
Hi:Question for the group. Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)? The sources of the funds are not IRA funds but regular accounts.Do you have resources or recommended la...
Might be a silly question but I am new to this whole thing and need some advice. What is a hard money loan exactly and can one use it to purchase a home that they will be living in for good?
I recently graduated from college and am considering taking a W2 job that is outside my field of study. Will having this job qualify me for an FHA loan, even though it’s not related to my degree? I prefer not to wait ...
I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...