
14 August 2016 | 5 replies
There's a lot more stock of 1- and 2-family houses, so 3's and 4's are harder to come by.

15 August 2016 | 15 replies
Many forecasters predict a shift to more CA normal market barring some international crisis that is.

18 August 2016 | 36 replies
In the end, I kind of see my Brentwood properties as growth stocks and my out of state properties as utility stocks.

14 August 2016 | 2 replies
What do you predict they will get raised to when they do get raised?

17 August 2016 | 17 replies
In 2017 I predict that we will see many of these properties on the county steps for a fraction of price they we're originally sold for...so get your cashiers checks ready.

17 August 2016 | 11 replies
@Dan KrupaFollowing 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;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 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.)

17 August 2016 | 2 replies
A RE attorney should have stock promissory note and mortgage forms.

16 August 2016 | 5 replies
If you follow the proper steps: (1) seek lien discharge; (2) obtain certificate of discharge and waiver of right of redemption; (3) begin foreclosure; (4) complete foreclosure sale; (5) pay off taxes - you will have the best chance at your predictable outcome of taking title to the property.

17 August 2016 | 5 replies
Currently my wife and I are debt free including credit cards and saved up a decent chuck of change for retirement, mutual funds, stocks, and too much into CDs(lucky only one year at 3%).

18 August 2016 | 7 replies
If they were that easy to predict #1 they wouldn't happen (interventions would prevent them) and #2 there'd be a LOT more rich people as billions would be available for those that could market time.