Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...
I am trying to think of creative ways to fund my real estate deals using my self directed IRa. I know that I can make a loan to my company using my IRA and pay back interest. However, have you guys ever heard of any...
Hi, I see that this question has been asked before but I can't view it unless I upgrade my account :/ Pretty dumb right. So here it is. I'm a newbie mortgage banker and I'm trying to generate leads so I plan on sendin...
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
I currently have a Checkbook IRA that I invest in Mortgages.
Since I started the process I have had some issues with the company that set up the IRA. They are not the Custodian but only a representative. Once...
Another socialist do-gooder may be giving us a glimpse into the future. The Cook County Sheriff says he will no longer evict homeowners or tenants from properties that are involved in a foreclosure. This is my great...
Hi Everyone, Good day! I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on. I heard that some institutions allow it and some don...
Hi everyone, I found a fellow investor that buys distressed houses, rents out some and flips others. I trust him but since this is our first deal, I wanted to see what protections are out there to protect my investmen...
I have recently came across two deals, one from the wholesaler and one from fsbo. Both of them don’t have agents involved. I have inspectors came out to do a general walk through of the properties and am ready to make...
I have a home building company and a real estate sales company. I would like to use a Self-directed IRA to purchase lots. My building company would build single family homes on the lots, and my real estate sales compa...