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Results (5,832+)
John K. Remote temperature monitoring?
8 February 2018 | 6 replies
Why not just install a $100 WiFi thermostat and require electronic access from your tenants to only monitor for such purposes?
Edmund Ricker Anyone Using Self Directed IRA
2 June 2016 | 9 replies
Following is why: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.)
Max T. Smart Home Features
21 November 2022 | 11 replies
I own a Custom electronics installation and integration company #Teatrograde.
David Tremblay Tracking Rents and Security Deposits
10 November 2022 | 6 replies
I haven't used it and cannot speak to it.Zibo.comThis is another free website where you can collect rent electronically and have an interest checking account.I am still looking at this, because not all my tenants pay electronically. 2 like to mail checks.
Aneil Balkissoon IF I CAN DO IT, SO CAN YOU!
23 November 2022 | 3 replies
Enjoy a renovated home with many updates, tons of character including wood ceilings in the main area, 4 bedrooms, 2.5 bathrooms, a bonus livingroom to enjoy movies with friends and family, a large corner lot and right around the corner from beautiful beaches, such as, St.
Nathan Holt How is your "Inspections" clause worded in your lease
26 November 2022 | 16 replies
VIA an online electronic form that asks the tenants to upload photos per section/item that automatically saves to my business cloud and triggers an email to be sent out to the tenant and me. 
Jared W Smith Self-Directed Solo 401k for Notes needs LLC?
9 November 2022 | 14 replies
Texas has a system where the form is filled out by answering about 5 questions online, and electronically signing your name.  
Sharlene Burch what age did you start your real estate investment career
30 October 2019 | 188 replies
I've given away so many hours to aerospace electronics, as a firefighter, drafter, project manager/estimator.
Nicholas Kitchen 100% Write Off First Year
12 June 2019 | 6 replies
Which technically breaks out lots of systems from being a "building" Now you have lots of asstes that aren't technically real estate.
Charlie Moore Collecting cash? Or other routes?
16 July 2019 | 25 replies
I try not to collect cash all of mine are some form of electronic.