I'm looking for some guidance on a self-directed IRA that I can easily trade public stocks. I currently have some assets with Directed Trust IRA in Scottsdale. Matt Sorenson,Mark Kohler's firm. I have also used Nuview...
Hello, I am purchasing my first creative deal and we have negotiated terms for the seller to carry financing on a short term balloon structure to give us enough time to either flip the property or refi. The seller ha...
We are selling a rental property that we used to live in...
Our original purchase was $36,000 back in 1994. We lived in the house from 1994 until 2010. It has been rented out for the last 5 years. We are now ready ...
I have owned one of my properties for almost 2 years. It has been rented for about 6 months. The tenants are asking to purchase the property.I would like to do a 1031 but I am not sure if this property would qualify. ...
Hello Everyone,
I am unsure about the best course of action for my current financial situation. Most of my real estate money is tied up in my brokerage accounts, and I am wondering if it would be safer and smarter to...
I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...
Was reading a blog post that indicated that if you own a property in an SDIRA, you cannot sell the property until you are 59 1/2. Is that wrong/misleading? I would think you could sell the property as long as all of...
I am going to sell my home and buy a new one. After I sell my home, where should I temporarily keep the large amount of money (>$500k) until I buy the next home? Should I keep it in a high yield savings account?
I would like to sell a rental property and do a 1031 exchange to buy a property from my mother's estate (I am a beneficiary). I just learned this might be an issue due to related party.
Hey guys just a little background, I’m a first time owner, I’ve had my home for almost 2 years I refinanced recently to cut out PMI and lower interest rate 1%. Now that I’m coming up on 2 years and not having to pay c...