Can a person use a self directed solo 401k to purchase a property cash and after you close get a loan and pay back the self directed solo 401k without any penalties? The thinking here is cash and quick closing makes ...
So my wife and I owned and lived in a duplex here in Austin TX from 2015-2017 (just over 2 years). We then moved to a new duplex and rented out the original one. We are now selling the original duplex in order to fund...
I currently have one rental in the Denver metro with decent equity and I am considering doing a 1031 exchange into a multi-family unit to scale my portfolio. Any suggestions on how to begin the process or experiences?
Hello all, I’ve got this idea stuck in my head that might sound crazy, but just might work.So currently I have zero debt, rent an apartment for $435/mo, car insurance/gas and groceries, and other little miscellaneous ...
Can depreciation taxes be avoided by performing a 1031 exchange?
Thank you,
Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
So, I was talking to a friend who is looking to help her father sell his house. He's owned it for many many years and it is in a nice area. The plan is that he will buy a smaller condo for himself and probably another...
Hi everyone, I am a Realtor in Connecticut, who has a few buy and hold properties. I am doing pretty well as a landlord, and would like to purchase more units, but don't have the funds right now. So I am looking in...
Hello!I am very new in investing and am confused on whether I need to use a 1031 exchange here:I currently own a condo that my mother lives in rent free. I don’t have a mortgage on it. I bought it for her in 2016 for ...
i want to buy a retirement home with self directed ira funds. how can i do this without taking the money out and paying tax on the withdrawal amount?