Michael Doherty
How Does Using Private Money Work?
13 July 2018 | 12 replies
I suppose my disconnect is.... it doesn't make sense for a private investor to give you thousands of dollars to sit in your account waiting for the right deal to pop up.... just to satisfy that 60 day rule.
Jared Campbell
My Condo HOA is threatening legal action against me
4 September 2017 | 11 replies
They may be able to get this satisfied and moved on.
Shiloh Lundahl
Is there a SHORTCUT TO WEALTH?
2 March 2019 | 35 replies
Fascinating reading for anyone who wants an up-close look.But I also agree with others that $2000 / year probably isn't going to satisfy folks who want to be "wealthy."
AJ Vanderhorst
4plex Incorrectly Zoned as a Duplex...Help
30 January 2019 | 35 replies
I'm seriously considering combining 2 of the 4 units and calling it a 3plex to satisfy Quicken and avoid dealing with the city.
William Daley
Best way to get cash out of investment property.
18 March 2023 | 13 replies
This means if you default, they can come after you personally IF and only IF the collateralized property is not enough to satisfy the obligation.
Chris England
Loan amount
12 October 2016 | 8 replies
I've dealt with this broker on several other deals and have always been satisfied.
Jeff Piscioniere
Flipping in a self-directed IRA
21 June 2017 | 10 replies
@Jeff PiscioniereIf you are looking flip 4 properties per year then the ROBS 401k may be a good fit provided the following rules are satisfied.
Rebecca Schneider
using IRA money to invest in LLC
26 February 2017 | 3 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Megan Hirlehey
Pay interest on a HELOC if you don't use it?
19 October 2017 | 18 replies
It's surprising that people don't shop around as lenders treat loans differently depending on whether they are flush with cash, or needing deposits to satisfy their ratios.
John Salgado
Common area staircase - Rubber or Vinyl Tread?
12 November 2018 | 0 replies
I am looking for durability over a long period of time so is it better to go with rubber or vinyl?