
13 February 2018 | 16 replies
., that is my thinking as well, my theory is that the big hotels are getting threatened by Airbnbs and they muscled this ordinance into place, the fact that it passed so silently and the mayor was supporting Airbnb being there gives me "corrupt" vibes all over the place.

17 May 2017 | 8 replies
He's an attorney that has published articles on setting up an llc.

21 December 2023 | 4 replies
Congrats on setting up a profile.

3 August 2021 | 3 replies
Conduit (CMBS) - Conduit went away for a bit during the COVID onset, but they are back lending again.

5 December 2023 | 16 replies
Thanks Adam I really appreciate it I definitely was planning on setting a lease to take me to prime move in dates because filling the vacancy at this time is defiantly a spooky thing for sure. and I've defiantly have been thinking of a good reduced price to change to it makes it a bit more difficult because we include all major utilities Water/Sewer, electricity, gas, garbage and we have owned the property under 6 months and some of the cost are obviously Quite variable in Wisconsin so I the number that I've been mauling over has been $1,400. the pets thing for me is purely a worry about pet related damages seeing the property isn't yet to where I would like it to be in terms of flooring and keeping pet mess damages to a minimum with quality lament flooring so my worry is about damaging the subflooring but I'm unsure if that is just me being overly cautious especially since I do require a sizeable security deposit and would obviously increase the deposit and rent for pets and in regards to the REIA meetings I'd love to go I'm actually starting a new job in the Winona area and will be driving to La Crosse daily so if you wanted to DM me the details I'd love to come and check it out!!

10 August 2017 | 7 replies
Stay away from muscle cars.

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.)

22 February 2014 | 4 replies
Can you give some guidance on setting criteria for making an investment in this market?

8 September 2023 | 6 replies
I am doing my research on setting up an LLC and one thing I read about is choosing a registered agent to deal with the paperwork once it is set up.

18 February 2022 | 8 replies
Congrats on setting up your credit score, credit line, car down payment and student loans in line so you can invest!