I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
This Tiger Woods drama is nothing I really care about, but the announcement that he is giving up golf is what gets my blood boiling.
Here are my thoughts:
1 - Sure, he messed up big time by sleeping around
2 - He a...
I'm curious if anyone has run a comparison of the returns on a Self Directed IRA versus simply using after tax cash.
So funding a SDIRA has an obvious benefit, tax savings. With all the deductions and credits, etc e...
Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...
greetings. Got a first world problem on my hands here that hopefully others can learn from as well...
I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...
I listed a house and it sold in 10 hours for $15K above asking. The buyer is now backing out 5 days after $5K earnest money cleared. It's my understanding they have 7 days to back out for any reason and get earnest mo...
Owner is selling because she is up in age and wants to retire. Sale Price $25,000Closing cost $2,000Total Acquisition $27,000It is currently occupied with tenant. Tenant exceeds...
I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...
Hi All, I have a tenant who has come back to me requesting her 400 dollars of the 1200 dollar security deposit. She was 1/4 roomates and did pay 400 of the 1200 deposite. They all vacated the property early due to co...