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Results (1,244)
Ben Leybovich Are You Depressed?
25 January 2017 | 142 replies
@Ben LeybovichSteve Job Stanford Commencement Speech 2005. 
Rose Davis When should i pay my contractors
8 April 2019 | 30 replies
My company and many many more like mine in this jurisdiction (Wisconsin) will not under any circumstances commence a project for a client without 100% MATERIALS funds up front, and one third labor draw. 
Diogo Marques Out Of State Flipping
29 August 2017 | 19 replies
Paying $500 - $1,500 upfront is much better than misusing $5K+ post construction commencement...all about opportunity costs my friend.
Jonathan Safa Tenant Rights California: No Hot Water
9 December 2017 | 115 replies
According to the article you just referenced, a Green v Superior Court case, the following was cause for rent withholding:  Lack of any heat in four of the apartment's rooms.Nothing was stated in the lease at commencement regarding status of utilities, just that I, tenant, would pay for them.
Shiloh Lundahl Rich Dad Poor Dad’s investing principles - GOOD or BAD?
12 January 2020 | 80 replies
Investors like Warren Buffett have learned to be greedy when others are fearful and fearful when others are greedy, but that mindset takes a while to develop.Kiyosaki's message for the entrepreneurial mindset is echoed by Steve Jobs' 2005 Stanford Commencement Address (which contributes to the "billionaire college dropout" myth in Silicon Valley because Jobs might be an outlier).
Account Closed Does your 401k send you checks every month? – My properties do...
18 October 2017 | 125 replies
Taxes are not paid until distributions commence.
Joe Capobianco Roth IRA vs REI
21 February 2016 | 16 replies
@Joe CapobiancoThe following information will help you understand the differences and similaritiesbetween the solo 401(k) in the IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own Retirement funds business startup.The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (self-directed IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2015; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., 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.)
Kim Hopkins About to Lose a Killer Deal to Sell Our Building B/C Tenant
14 July 2022 | 63 replies
Commence the eviction process and salvage your deal.
Clay Ickes "Millennials Should Be Happy They Are Stuck Renting"
5 December 2019 | 94 replies
all, before commencing our usual bash-the-millennials posts, let's make sure to vet this guy and make sure he's not some undercover resistance operative.  
Orvil S. How to find off market deals
29 May 2020 | 12 replies
He has the dog but the breeding stage has not yet commenced.