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28 January 2016 | 10 replies
The house I just put an offer on listed "Terms: Conventional, Cash", and met all my criteria so I jumped on it.After a couple days, I got a response that they want me to get prequalified with their lender since it is REO and that is their prerequisite before opening negotiations.
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9 July 2014 | 4 replies
I'm assuming your existing railing is a metal one since it's rusting out.
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26 April 2015 | 10 replies
I use metal ones on all of my properties, but plastic are available.
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14 June 2016 | 6 replies
Following are the similarities and differences between the solo 401k and the self-directed 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); andThe 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 (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.)
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13 September 2011 | 17 replies
In most modern devices, such as electric hand mixer, the metal part of the body is connected to that ground wire.
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15 December 2011 | 13 replies
.* For 110 linear feet, tear off old box gutters, replace rotted fascia board, wrap fascia in metal (soffits already covered), install conventional guttering and downspouts - $3,300.
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2 January 2012 | 49 replies
Of course we all know how volatile the stock market is and should realize by now that would "should" happen isn't always what "does" happen.Some would say go with precious metals but I have no clue how you really value a pretty rock.
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25 March 2012 | 12 replies
If you come up short on R-Value you can add insulation where possible; rims could get R21 fiberglass.Essentially you can compensate for a lack of R-value in one area by putting additional insulation else where; you're looking for the total U-value of the the entire envelope.Although more costly, I prefer metal framing.
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24 March 2012 | 22 replies
If I had that problem, this would be my list:Nikon DSLR, and a new piece of expensive glass to go with it.Wacom Cintiq Apple MacBookProContractor Rack for Truck (Pace Edwards)Full Metal JackRabbit (Pace Edwards) for truckDrive around Bucket Bobcator just buy another rental :D
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4 August 2012 | 12 replies
Its been sitting for about three years, it has a metal roof that is peelin back and coming loose, so i'm thinking new shingle roof and also siding.