Elizabeth Lark
Using a Self Directed IRA or Solo 401K to Buy & Hold
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
Michael Plaks
Attorney John Hyre on new "SDIRA stuffing" court case
Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...
Anastasia Jordan
Bought & sold a tax certitficate. Lienholder now suing my buyer.
I was going to wait until a verdict was issued but oh well.Read this from last year.....https://www.biggerpockets.com/forums/92/topics/226...Now for my part......Bought a tax certificate in Feb 2017 (I think). 3 unit...
Justin Roberts
Why Panama?
Panama is one of the hottest real estate markets in the world! It has been ranked the number one place to retire in the world for the past 6 years by international living. It offers great and cheap medical, high end...
Jane Dang
Roof Replacement on Rental Property
Hi,My rental property's roof is 20+ years old. Last year, a heavy rain and storm damaged it and I had to replace the entire roof which costed me $21K. I understand that a roof repairs can be deducted as expense in t...
Shaun Reilly
Retail Cash Sales
I was reading an article and there were some hypothetical situations and one of the things ended up being a pretty clean cash offer at ~$200K for a rehabbed house.
What I could not get past is that I just can...
Shera Ewing
Do People Rent To Own Anymore?
I had thought about doing this but wasn't quite sure if it's a legit thing to do? Do people still do this or is it more of a scam? I would like to know the pros and cons please.
Kinju Dudhia
Renters left without notice
I own a property and the renters left the property with a garage full of junk, and furniture in the apartment and turned off the heat. They are behind 2 months of their rent and we do not have a forwarding address. Wh...
Michael Ablan
Short Term Rentals to Traveling Nurses
Hey guys,Looking for advise. I recently turned one of my SFH into a house for transient workers (traveling nurses, ect). I've found great demand for the product, but everyone backs out when I ask them to do the foll...
Nancy Sathre-Vogel
Late fee scam by PM - security deposit
I've posted here a few times about a bad experience I had with a PM. The more I look into it, the more convinced I am that she knew precisely what she was doing - which makes me wonder how common this is. Unbeknownst ...