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What if you have your own remodeling business registered. Can you do the remodeling work? Or hire sub-contractors?? Is that considered as a different party?
If you buy a vacation rental condo in Hawaii thru your Self Directed IRA can you stay in it a week or a month out of the year? I'm trying to decide on a condo in Hawaii or a Colorado long term rental (so we are close enough to manage – no physical work ourselves understood). I am also a realtor, your video says use another agent but in reviewing the comments here I get the idea this might be a "gray area"? Thank you !!!
God! If those of us that have jobs in the US Rail Road industry had the ability to control our own RR retirement accts. I'd have 10 multi-units by now, making an easy extra $10,000 a month minimum!!!
Fantastic Video!!! I have a 401k and a Roth IRA. I would love to have these accounts work together and purchase real estate in NV. I'm also a real estate agent in NV, do I still need to use a different RE Agent if I purchase in NV?
1. If you are a licensed real estate agent can you do the deal yourself? 2. If you have acquired property previously can you can put this strategy to work?
This information is pretty awesome! I'll be learning more about it and work on putting it into action.
How many real estate properties would you recommend to keep under an LLC??
What if you have your own remodeling business registered. Can you do the remodeling work? Or hire sub-contractors?? Is that considered as a different party?
If you buy a vacation rental condo in Hawaii thru your Self Directed IRA can you stay in it a week or a month out of the year? I'm trying to decide on a condo in Hawaii or a Colorado long term rental (so we are close enough to manage – no physical work ourselves understood). I am also a realtor, your video says use another agent but in reviewing the comments here I get the idea this might be a "gray area"? Thank you !!!
Do you know you're pointing to empty boxes at the end of this video
God! If those of us that have jobs in the US Rail Road industry had the ability to control our own RR retirement accts. I'd have 10 multi-units by now, making an easy extra $10,000 a month minimum!!!
That sounds really complicated. Why again can't I just buy a rental property like normal people?
this guy can sell you a broomstick even if you have 10 in your closet π
Fantastic Video!!! I have a 401k and a Roth IRA. I would love to have these accounts work together and purchase real estate in NV. I'm also a real estate agent in NV, do I still need to use a different RE Agent if I purchase in NV?
Do you have an office in Colorado?
1. If you are a licensed real estate agent can you do the deal yourself?
2. If you have acquired property previously can you can put this strategy to work?
This information is pretty awesome! I'll be learning more about it and work on putting it into action.
I am not clear if you said that the IRA owner can manage the property once the property is purchased in the LLC? True?
can you do some creative no money down real Estate in your IRA?
if the REI is owned by your IRA, is the IRA open to lawsuits? Do you recommend opening up a second LLC for the property that is owned by the IRA LLC?
What is the benefit of holding the RE in an IRA over a trust?