All Forum Posts by: Marcella F.

Wow, Lewis, that is a huge help! I had know idea those settings were there. Everyone should check those.

Thank You!

In googling my name, my profile with summary of my investing strategies pops up on the top of the google page.

I realize if people dig around they can find more personal info than that, but i don't want the my "investment" strategies known (I have deleted it now) and popping up like that. 

I am not a professional and am managing some of our retirement funds. I don't like the idea that someone i've just met can find out detailed information like this.

 Can't personal info like that be buffered somehow to only show if people sign-up for your website? Is there a setting I am missing?

Full refund for the first night and credit for one night on an upcoming two night stay. Anything less and they could say their entire vacation was ruined. Giving them, in essence, 2 nights will leave them saying "wow, they really took care of us".

@Brian Eastman Yes, I plan on hiring contractors for all of the work. My main worry is not having it considered an active business and thus incurring UBIT. It sounds like I am safe building rentals and holding them. I'm wondering about limits on how many properties you can hold, or is it limitless. 

Thank You for your time!

Hi! Thank you for starting this thread.  This question may have already been asked, however, it is difficult to weed through all the non-related posts. I wish you could clean it up back to your original, intended focus?

My main question: 

I have 3 city lots, all next to one another, purchased within my Solo 401k. May I build houses on them, and subsequently hold them as rental properties, within the Solo 401k?

Most important fact: We live in a small town and use a local bank with not so savvy employees. 

We have a checking account at a local bank for our Solo 401k.

It is in the name of our Solo 401k - "XXX Investments, Solo 401k" with of course my name and my husbands on the paperwork setting up the account.

Our checks, which we used to purchase real estate down the street from us, are printed with "XXX Investments, Solo 401k". We want to hire a neighbors son to maintain the lots. According to the rules, we must use checks to pay him, not cash. 

However, living in a small town, we don't want to pay him with checks with the title on them of ""XXX Investments, Solo 401k".

Can we just order checks with our personal names,

rather than the lofty sounding ""XXX Investments, Solo 401k""?

Those of you who have ever lived in a small town will understand this. The reason for not asking my bank is because I am certain they will just say it needs to be in the company name. However, I have seen accounts in my lifetime that only had one name on them, even when multiple people were on the account.