Carlos Oliva
Refi or Home Equity
20 May 2024 | 6 replies
Carlos - I think this depends on your perspective of where rates are going to go.
J Newman
Thoughts on PM Software Rent Manager to Buildium and Switching Platforms
21 May 2024 | 4 replies
Everyone has different needs.I look at things in an accounting and financial perspective so I might or might not like something but maybe the PM functions has features that is a must have.Transitioning to any new platform will always be frustrating.I had to help a client transition 50 properties over to Buildium and that took a long time to do so.
Ruth Lyons
Inspectors killed my deal -- 3 times, Any advice?
23 May 2024 | 52 replies
.)* Say sorry, lose the deal / get* Fix it, write it off, and stop paying the holding costs* Negotiate to fix their most critical issues~~~Random Thoughts From a buyer's perspective-- as people above mentioned, newer buyers tend to want a flip property that's PERFECT and have a hard time wrapping their head around blowing through savings and then ALSO having to fix it further...
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
It's important to have the advice and perspective of an industry old-timer, in my opinion.
Bukka Levy
Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
Thanks for the rant, Chris ;) I get your perspective as well.
Matt W.
Help me decide between a 1031 DST vs. a syndication.
22 May 2024 | 31 replies
This perspective is solely from years of experience managing mobile home park funds and working with the tax experts around us.All the best,Jack
Cameron Hamidi
Tenant breach of contract on smoking
20 May 2024 | 11 replies
By the way I recently gave notice to tenants that lied on their application which indicated no perspective tenants smoked.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
., 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.)
Jade S.
Cardone Capital...anyone looked into this?
20 May 2024 | 177 replies
He did not list any big money from a sale, so no idea where that goes.To put that in perspective, I am a passive investor in MF syndications.