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11 May 2024 | 3 replies
Will it be smarter to just do the bare minimum work to keep renting it for a few more years?
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13 May 2024 | 25 replies
BOFA has 3.18 trillion Assets, most earning prime +, so north of 8%, but the bare minimum they would earn would be 5.33% with any cash deposits parked at the FED reverse repo facility, which equates to about $470,816,666 per day in interest, So delaying a digital payment for a week is like 3.5 Billion dollars across its portfolioAnd I love that despite tbills going from near zero to 5.4% over last 2 yrs, BOFA/CHASE still paying its depositors the Princely sum of 0.01% on savings accounts.
10 May 2024 | 17 replies
So I have a bare lot I am selling.
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10 May 2024 | 7 replies
Actually you may not even to create one, this is the output of summary using NLP based AI:Question: according to biggerpockets forum, shall LP investors participate into multifamily capital call ?
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10 May 2024 | 6 replies
See the source here:https://www.irs.gov/retirement-plans/plan-participant-employ...Therefore, if your property management company manages 401k-owned property, it would be breaking two IRS rules: - Furnishing services to the plan- Receiving personal benefit (compensation)
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10 May 2024 | 7 replies
It is when the property is available to rent.You do not necessarily need earnings from the property to have deductible expenses (again, available for rent is not always the same date as the lease start).REP status is 750 hours in real estate activities PLUS material participation in the activity(ies).Talk to a CPA or tax pro who knows this stuff.
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10 May 2024 | 22 replies
The participant loan feature of the Solo 401k could be a possible solution for you, however.
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11 May 2024 | 53 replies
I am interested to participate too, please send invite
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9 May 2024 | 2 replies
The building represented good value and is consistent with my focus on $2M-$5M total cost projects where there is a lack of natural market participants in the Philadelphia market.
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10 May 2024 | 3 replies
They willingly participated in cutting you out.