Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
12 August 2020 | 78 replies
LANDLORD is not liable to TENANT, guest, or occupant for personal injury, damage to or loss of personal property (furniture, jewelry, clothing, etc.) from fire, flood, water leaks, rain, hail, smoke, ice, explosions, interruptions of utilities, criminal conduct including theft, burglary, assault, vandalism or other crimes, acts of God, or other causes unless caused by LANDLORD’s negligence.
Scott G
New Member from Denver/Boulder CO area
24 August 2012 | 13 replies
Right now I'd really like to just start learning all I can in my (very precious) free time while my children are young.
Shawn Holsapple
Sense Financial
30 August 2022 | 22 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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The 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 (Checkbook IRA) 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 2016; 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.)
AJ Wong
Interest only loans are the new black for investing in STR vacation rentals
16 July 2023 | 3 replies
Well you could, but it would get weird..There is intangible real value to real estate, and if location really does mean anything, I'm unfamiliar with something more precious and valuable for the foreseeable future than oceanfront real estate that one can use, as they wish, with 10% down.
Chris Allen
Preparing For Children's Future
11 April 2022 | 8 replies
Most of the issues that troubled youths go through stem from something that happened from their upbringing, so my simple parenting approach is that I want to make every effort to ensure happy childhood for my kids.For securing children’s financial needs, I have some precious metals to make sure that my savings won’t lose value, and I’m starting to invest in rental properties this year.
Marc Globensky
B unit Tenant filed Department of Health complaint to try and get out of lease early.
6 December 2023 | 16 replies
That is a precious commodity.
Charles Smith
Bathroom remodel estimates
11 December 2019 | 42 replies
There will be time constraints and it will require out of the box thinking maybe lose time at work but you want to be there to learn what you are paying for and to understand why you will not spend your precious time to obtain so little in the future.
Justin Breaux
From Properties to Pokémon: The Inspiring Tale of Justin Breaux
5 January 2024 | 0 replies
It has underscored the significance of diligence, determination, and the preciousness of every moment.
Josh Edelman
Las Vegas Market Recap for December + News!
8 January 2024 | 1 reply
., Cocoa Dolce, and FB Express, offering a range of premium products, including fine jewelry, accessories, chocolates, and more.
Precious Goje
Question on a potential deal on a commercial real estate property
8 January 2024 | 3 replies
My name is Precious Goje.