After the 5 year period the ESOP can be rolled into the IRA as well.To get the funds out without paying the 10% you will need to convert the IRA to a Roth and wait 5 years.

In 2022, planning to convert to LTR when we become empty-nesters, b/c wifey wants to wait until then to move for a new owner-occupy investment.

Since this is a legal scenario, and I am pretty confident about the eventual outcome how should I proceed???

He/she might not know the LLC even exists although it can be found eventually.

But I know that will change eventually.

Glad to hear it's beginning to turn around, just be wary of investing in something solely because you're predicting it will eventually turn into something lucrative.

The problem is that the appraised value will eventually gives me a little less than what we agreed upon.

Eventually I want to do larger commercial apartments, one day.

With this method, you could put down the down payment of your new investment pay it back (eventually) and repeat.Cash-out refi can allow you to tap up to 80% of the equity of the property.

It’s currently setup as a large studio without a kitchen, but we plan to eventually erect a wall to create a bedroom, and install a kitchenette.My question is, knowing how persnickety Portland is with regard to Airbnb, would it be a smarter strategy to rent it out on a longer-term basis to a regular tenant?