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2 May 2019 | 4 replies
Here's the example:1) Investor cuts a check for $100,000 to DEEDfeed, our nonprofit.2) DEEDfeed cuts a check for $100,000 to fyre CAPITAL, our investment group.3) Investor distributions and original principal of 100,000 are returned to DEEDfeed, and in turn to the Investor.4) 100% of Investment Management Fees collected by fyre Capital are sent back to DEEDfeed.5) Those Fees are now the donation to the nonprofit - And thus mandated to be spent in line with DEEDfeed's Mission and 501c3 rules.The Investor wins by earning distributions.
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29 April 2019 | 4 replies
It appears that because these loans are structured like a typical loan (i.e. there is no “final” distribution of pre-tax retirement funds) I don’t think there would be any tax consequences.Mark Flynn CPA
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18 April 2017 | 14 replies
In other words they have not provided the court with any instructions on how they want their assets distributed through a will.
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7 July 2017 | 5 replies
Do not dismiss the "encouragement factor" that you will derive, simply by being around people who are already doing the exact same thing, that you are trying to do.
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17 January 2016 | 7 replies
You control it, you manage the investments but you don't have access to any benefits those investment provide until you start taking distributions at retirement.
23 November 2015 | 12 replies
Here is how the ROBS 401k business funding arrangement works:A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate operating company corporation issues stock shares to the 401k/PSP.The real-estate operating company must be an employee of the business and he or she may take a reasonable salary.The business owner's family members may be employees of the business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.
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23 November 2015 | 5 replies
For now, I plan on keeping my deals broad to derive what I truly enjoy and what my market primarily supports.
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23 December 2015 | 8 replies
Please add me to your distribution list.
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27 November 2015 | 2 replies
This process- It starts at the vendor, Then goes to a regional distribution center, then finally to the retail sales store.
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7 December 2015 | 7 replies
There is a complicated way around this that involves changing the distribution schedule so the contractor total comes out as a draw.