The last but not least example of accumulation is simply those legacy loans that simply do not get dealt with in a timely fashion.  

I am making jewelry, and am in remission.

I have a team, yet as I expand my knowledge base, the knowledge of my team must expand also.If I can help in any fashion, please do not hesitate to reach out to me.Regards,LaTonya

@KANE WHITESIDEThe only thing from a 401k perspective that can "go wrong" is that you fail to make payments in the required fashion and the amount of the loan is treated as a taxable distribution, with an additional 10% penalty for early distribution if you are under age 59 1/2.As such, you want to be very sure that you will have the ability to repay the loan, and structure your real estate deal accordingly, with plenty of reserve capital in the event you have an extended vacancy or significant repair expense.You also want to keep in mind that you put that money into the plan tax-deferred, and will be replacing it with after-tax money, so the income you receive personally needs to be a significant return on investment to offset the negative ROI equal to your tax rate that the plan is experiencing.An alternative would be to use the plan itself to make the investment in property.  

I recall very well the slot in the medicine cabinet, it was fashionable but, seldom used.

The following terms are applicable to this contract:1)Closings costs, attorney fees, title fees and other miscellaneous costs are to be paid in the following fashion ____________________________________________________________________________________________________________________________________________________________________________2)Any taxes owed will be appropriately prorated between parties at closing.3)Closing to be set as soon as possible for all parties, but no later than ____________________________without written addendum to this agreement.4)Property sold “as is” with no warranties implied or stated from seller.5)Earnest money to be held in escrow by buyer’s closing attorney:_________________________________________________________________6)Earnest money non-refundable to buyer unless title is non-conveyable or seller not available to close within time period of this contract.7)This contract is contingent upon clear title and final inspection of the property by buyer or buyer’s agent before closing.8)Legal consideration for this agreement is ten dollars ($10.00).9)Seller to provide buyer with permission to access property solely for purposes such as evaluation of repairs needed, appraisal of said property for securing financing, and professional advisement on resell of property.If property is vacant, Seller shall provide Buyer with a key to access property specifically for the reasons above.10)Any furniture, fixtures, attachments, and debris located in and around property not removed within day of closing become ownership of buyer.11)ADDITIONAL TERMS: ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________BUYER: _____________________________________________DATE: _________SELLER: _____________________________________________ DATE: _________SELLER: _____________________________________________ DATE: _________

None of the speakers are pitching products, it's just good ol' fashioned real estate professional to real estate professional education.We record the speakers and post them to help others learn from them.

Just curious if anyone has ever seen this as a clue that a property was inherited or changed name in some other fashion to where the current owner did not "purchase" it.Thanks for your input!

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This creates the potential for deductions and also the ability to defer some of the income into a retirement plan such as a Solo 401(k).You can then use the Solo 401(k) to make passive investments such as holding rentals, private lending, etc. and grow that money in a tax sheltered manner.You are going to give up a good bit of your current income in some fashion.