Thanks for your Response Desi. I realize I forgot to mention a critical point: the property is not their primary home, so unfortunately they would not qualify for the exclusions. Assuming cap gains is due, do you have any further ideas in the scenario I described?
Thanks again for your response.
Search found 23 matches
- Fri Feb 04, 2011 11:20 pm
- Forum: Indian Jobs & Career
- Topic: Benefits of Capital Gains deferral
- Replies: -1
- Views: 0
- Fri Feb 04, 2011 5:08 am
- Forum: Indian Jobs & Career
- Topic: Benefits of Capital Gains deferral
- Replies: -1
- Views: 0
Benefits of Capital Gains deferral
[FONT=Calibri][SIZE=3]I'm negotiating a seller financing deal for purchasing a property. The sellers are an older couple. They have requested me to outline for them examples of the benefits of deferring Capital Gains. For example, if we negotiate a Seller Financed 30 year amortized loan, they would ...
- Sat Sep 18, 2010 2:14 am
- Forum: General
- Topic: Ideas on where to short-term park $500k cash?
- Replies: -1
- Views: 25
Ideas on where to short-term park $500k cash?
Regarding Self-directed IRA: Wow, you remember that thread? That was quite a while ago. :)
- Sat Sep 18, 2010 2:08 am
- Forum: General
- Topic: Ideas on where to short-term park $500k cash?
- Replies: -1
- Views: 25
Ideas on where to short-term park $500k cash?
Thanks everyone for contributing. I hadn't considered possibility of gifting the money to a minor, but as Desi points out, this won't work very well for my situation. Basically, I had come to the similar conclusion that gwldaddu mentioned which is to put it in two savings bank accounts at a local ...
- Wed Sep 15, 2010 5:15 am
- Forum: R2I Settle Down
- Topic: Where to short-term park $500k cash?
- Replies: -1
- Views: 11
Where to short-term park $500k cash?
Hi all, I thought it wouldn't hurt to ask to see if anyone could suggest ideas I hadn't considered.
I'm waiting for a property deal to come through that will likely take 2-3 months. While I wait, does anyone have suggestions on where I could park about $500k cash?
Thanks.
I'm waiting for a property deal to come through that will likely take 2-3 months. While I wait, does anyone have suggestions on where I could park about $500k cash?
Thanks.
- Thu Apr 10, 2008 11:50 am
- Forum:
- Topic: Self-directed IRAs and purchasing India property
- Replies: -1
- Views: 0
Self-directed IRAs and purchasing India property
[quote=Bobus;94057]It appears that RBI closed the above route in 2003. At my leisure, I will try to explore another route - the FII route.[/quote]
Bobus, how did you research this? Does RBI publish their rules somewhere?
Bobus, how did you research this? Does RBI publish their rules somewhere?
- Thu Apr 10, 2008 6:05 am
- Forum:
- Topic: Self-directed IRAs and purchasing India property
- Replies: -1
- Views: 0
Self-directed IRAs and purchasing India property
[quote=bmukherji;94007][B]A Comment[/B] To avoid self-dealing and pitfalls associated with a pvt. ltd. co. in India, an altenative could be to make a duo-play. Find and team with a like-minded individual and setup cross ownership of each other's RE investments via self directed IRAs.[/quote] That ...
- Wed Apr 09, 2008 9:24 pm
- Forum:
- Topic: Self-directed IRAs and purchasing India property
- Replies: -1
- Views: 0
Self-directed IRAs and purchasing India property
Nice work! It would be wonderful to have that option!
- Wed Apr 09, 2008 4:10 am
- Forum:
- Topic: Self-directed IRAs and purchasing India property
- Replies: -1
- Views: 0
Self-directed IRAs and purchasing India property
me2_r2i: I really appreciate the points you've brought up thus far. Thank you!
Also, it would be great if you can share some of the gotchas/weak-links you discovered during your research. I'm sure those would be immensely useful to me and others on the forum. Thanks!
Also, it would be great if you can share some of the gotchas/weak-links you discovered during your research. I'm sure those would be immensely useful to me and others on the forum. Thanks!
- Wed Apr 09, 2008 2:37 am
- Forum:
- Topic: Self-directed IRAs and purchasing India property
- Replies: -1
- Views: 0
Self-directed IRAs and purchasing India property
Regarding #31: [quote=me2_r2i;93741]I thought you propose to continuously swap the RE and never liquidate... I guess this part is very important, but is very very shady for me on how one would actually do without becoming a director! [/quote] Yes, ideally any liquidation should be limited to the ...