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Results (955)
Jay Matthew Can a land flipper or homebuilder spend all profits on land to be held as inventory?
3 September 2023 | 8 replies

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...

Mary Jay Can a fishy accountant get you in trouble with the IRS? And how to prevent it?
17 October 2023 | 8 replies

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...

Michael Morrongiello Can a Seller Finance a Buyer with TERMS and then STILL COMPLETE a Tax Deffered 1031
14 October 2023 | 1 reply

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...

Pat Pindelski Can a SBA 7a loan be used for ground up construction of a vacation rental property?
8 November 2023 | 4 replies

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?

Ivan Chirolla Can a parent-in-law lend to a SDIRA (non recourse loan) from non-IRA funds?
14 February 2024 | 6 replies

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...

Account Closed Can a person purchase a home with a Hard Money loan and live in the home?
16 December 2013 | 10 replies

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?

Saed Rabu Recent College Grad: Can a W2 Job Outside My Field Qualify Me for an FHA Loan?
19 August 2024 | 3 replies

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 ...

Gregg Truex Can a DSCR loan refinance another DSCR loan to gain equity or a lower interest rate
2 March 2023 | 28 replies

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% ...