Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,832+)
Ceasar Blackman Listsource VS Click2Mail list data
19 October 2013 | 4 replies
The next time we send letters, we're planning to compile our own from the town's Grand List - getting it in electronic form and exporting to Excel or some such thing (a fellow investor is going to teach me).
Melissa Lenhardt Never put utilities in their own name
24 March 2014 | 48 replies
She contacted the utility company and since the meters are electronic, they can back-date them to any date they want and so she had them back date to when she moved in.
Joshua Dorkin What Impact will Crowdfunding have on real estate finance?
29 October 2013 | 46 replies
Further, I see the intermediaries providing these type of reporting services on behalf of the Issuer (electronically via EDGAR, possibly filing with the IRS as well.)
Hament Raju Mahajan Self directing IRA money using QRP- Qualified Retirement plan
5 June 2019 | 46 replies
@Gretchen KnizeThe following compares the solo 401k vs the 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;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own Retirement funds business startup.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 (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.)
Mark Hu Good idea to create direct deposit account for rent payments?
9 September 2016 | 44 replies
One of our tenants will begin using Dwolla January 1, and hopefully others will choose an electronic option soon, to get rid of paper transactions.
Thomas Swindell We had our appliances stolen from an investment property we had for sale...
4 November 2013 | 18 replies
.- If feasible in your area, use an electronic agent-only keybox, rather than a lockbox with a code.- Install a GPS tracking device in your appliances to help police track and find the criminals- Make sure the lawn is regularly maintained and newspapers and fliers don't pile up on the driveway.- Leave a car parked in the driveway.
Kenneth E. Wholesaling Tidbits
23 November 2013 | 12 replies
Consider using Docusign for electronic signatures (when working with absentee buyers/sellers) Get list of expired MLS listings, then buy customized post-it notes (http://www.thediscountprinter.com/post-itnotes.htm), hire people from craigslist to put post it notes on expired houses (to look like you were driving by and spotted it and then left a note).
Christopher Hunter Is this a deal?
22 April 2014 | 24 replies
You wouldn't consider wholesaling antiques, electronics, or any commodity without understanding values really well, would you?
Anthony Barbato Software for Mac
6 May 2014 | 10 replies
Standards are slowly evolving in the form of often-used storage & data-transfer formats, but don't hold your breath; even electronic medical records still use many different standards.Having said that, any good software-as-a-service should have a way to "get your data out," usually via CSV export, etc.
Joseph Grullon Marketing budget
27 August 2019 | 13 replies
In the Chicago market we do a ton of electronic marketing which is a cheaper medium but in Atlanta our budget is increased because the amount of properties are decreased.