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20 January 2025 | 62 replies
Matt LawrenceCustomer Service Representative not to be picky but you as a non licensed employee I don't believe can quote rates like you did in this thread that's a violation I could be wrong but again just sayin..
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14 January 2025 | 15 replies
@Roman StefaniwWhen retirement accounts in the US get financing, the loans are called "non-recourse."
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17 January 2025 | 6 replies
Therefore, I don't have definite plans for how long I'll stay in Oregon, and consider the possibility of someday returning to the Austin area.
31 December 2024 | 8 replies
This might not reduce your taxes, but it's a better use/return for your money than paying down a 4% or 5% mortgage.
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14 January 2025 | 4 replies
Returns you can do just fine.
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16 February 2025 | 27 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.
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15 January 2025 | 3 replies
As a retired CPA, I saw plenty of tax returns by these firms that clearly were done poorly.
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22 January 2025 | 2 replies
. - Established and actively managed AirBnB's will continue to be consistent income producers with a gradual growth in returns.
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14 January 2025 | 27 replies
Yes I am looking at Ocala, FL due to the fact that the properties they selling are non-HOA.
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17 January 2025 | 3 replies
We can't risk a client sending an unlicensed or non-qualified contractor into the property as we share liability for that.