I know a few people including co-workers who moved out to Manteca and Stockton and do the horrendous commuteInterestingly there's been a bit of a comeback with San Francisco after people wanting to move out to the suburbs during COVID.

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

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.

There are also some benefits to leverage such as tax breaks that lowers the effective cost of borrowing the money.

“Depreciation” is a wonderful tax benefit over the course of 27.5 years, but unfortunately, it isn’t a tax break per se, merely a deferment. 

As a licensed contractor, I’ve seen how navigating these details can make or break a project.

Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.

Secondly, the homeowner would need to cooperate as she would need to submit a bunch of paperwork including income statements, tax returns, etc. for the Short Sale application to show that she is insolvent.  

This included all the data from the first 6 months of the year as I did not hire her until July.

Some of my frustrations include:- Zero transparency on where my funds were being invested.