All Forum Posts by: Arshad Hussain

Hello,

I am very close to buying a dialysis center with a long term tenant on NNN lease. This will be my first investment and the amount of investment is making me nervous.

The biggest concern is what if tenant leave. I am in process of hiring a lawyer to review the lease but i think no matter how strong or favorable a lease is, the tenant has option of declaring the bankruptcy and restructure their organization (this is just my opinion). 

I talked to a friend who is a nephrologist and he says it is very very rare that any dialysis center who is in business for more than 5 years would move because all the patients are in that community and majority of the patients are long term patients. If they move they will have to built their practice from zero which take several years. I have also verified that they have enough space in the current location to grow their practice.

The numbers work out for me. Any input from the members of this group will be highly appreciated.

Thanks

arshad

I looked at couple of single tenant properties that have dollar store and wallgreen on it. I am also looking at a piece of commercial land. 

thanks

thank you all for your advise. I will be careful and will work with qualified and reliable agent and attorney when the time comes.

Hello,
I am planning to buy a single tenant commercial property.I am new in this field. I will appreciate it if experienced members of the forum can give me some pointers as to what to look for and what to avoid.

Thank You

Arshad

@Steven Hamilton II

following is the reason:

The husband’s income from flipping a house will not qualify as compensation for 401(k) Plan purposes, unless it is earned income subject to social security tax. Assuming this income is considered investment income, it will not qualify as compensation. Therefore, no contribution to the 401(k) Plan would be allowed.

@Steven Hamilton II , yes there is net profit from the house flips.

My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:

https://www.irs.gov/retirement-plans/one-participa...

Me and my wife are part of solo 401 k trust and we both have regular w2 incomes but several side gigs. Please help.

thanks

Hello,

I would appreciate if you can recommend a company that will create a solo 401 k for me along with your personal experience with that company.

thanks

@Brian Eastman

Thanks for the reply. Suppose I want to cash out and retire overseas than what will be the tax rate? Marginal tax rate for the year I would be cashing out?

thanks

I have a question about solo 401 k. Only the tax (no penalty) will be charged when the owner of the solo 401k decides to cash out the plan after the age of 59 1/2. Who will decide the tax rate at that time.

Thanks in advance.