If the IRA owner is ineligible to make a regular Roth IRA contribution or has already made his maximum IRA contribution for the year, the converted RMD becomes an excess contribution.The 60-day and one-per-12-month rollover restrictions do not apply to direct conversions.Unlike a solo 401k Roth conversion, which can not be recharaterized, Roth IRA conversions can be recharacterized by the taxpayer’s tax return due date plus extensions for the year for which the contribution or conversion was made.

Actually, people that behave like that are forcefully reminded that they reflect on us all, and if they continue, their affiliation can and does get rescinded.Mentorship within this group is excessively generous, and without expectation of reciprocation.  

Any tips on how to make sure repairs being performed are actually necessary so you know you arent incurring excessive charges?

HI Jon,It looks like 75% cash out on the rental would be around 4.250% on a rental property condo and cash out  so that means you'd be able to access about 145k in capital (prior to closing costs).A conservative route may be to take the lower 4%'s 30 year cash out since the payment is a predetermined amount per month that won't fluctuate.As long as your new investment you make is earning a return that is higher than your increased payment on your rental property and earning enough of a return on what you're looking to buy you should be ok.Some say you should obtain a rate higher than the one you're borrowing at but the truth is the rate isn't all of the payment and in financial theory that sounds great but you in reality you'll want income that is in excess of the entire mortgage payment which consists of the interest cost and the principal portion too since this is what has to leave your pocket each month.

The depreciation that you took in excess of what was allowed on a 27.5 year schedule will be added to your ordinary income and taxed as ordinary income.  

Maybe look at your monthly expenses and trim some fat.

Should a bid be received by a third party in excess of this amount, the third party would win the bid and get a trustee deed evidencing ownership after paying the trustee with certified funds.

I know Chicago has a bunch of excessive laws governing all sorts of contractor stuff, so its certainly possible there are laws concerning contracts too.

-The Federal Reserve has been engaging in monetary policy but the excess cash seems to be inflating the stock market and not the housing market.

Maverick received a referral fees (in excess of $6000) from the transaction between ABC Baltimore and me.