Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Steve S. Trying to achieve financial freedom - WHAT NOW?
7 September 2017 | 19 replies
Since I always pay on time, the credit cards company always offer me 0% balance transfer for 12 to 18 months.
Nick Trimmer Prorated Rent at time of purchase???
6 September 2017 | 4 replies
You should also have had the security deposit transferred to you at closing or received a credit for it from seller. either way, security deposit is now owed to tenant by you, not previous owner.
Mitchell Berry Duplex with one side occupied
6 September 2017 | 3 replies
Do a Assumption and Assignment of leases,, within your closing documents. this transfers the lease to you from former owner. 
Aaron Franke When does risk of loss pass - Foreclosure auctions
6 September 2017 | 0 replies
It is my understanding that Risk of Loss passes a the time title is transferred?  
Sam Miller Starting from scratch with a Self Directed IRA or Solo 401(k)-
8 September 2017 | 8 replies
@Sam MillerFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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.)
Account Closed Using an ICO for buying real estate or seed capital
17 November 2018 | 11 replies
@Severin Sadjina"An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today.
Marcus Jackson Investor Friendly Escrow Agent and Titele Co
12 October 2017 | 2 replies
Once the county notifies the agent of the transfer of title, the B-C is then considered "closed".Thus, the process takes a number of days.
Jerome Angeles 2 VA loans - 2 Multi Unit properties
16 June 2018 | 14 replies
And when you transfer to your next duty station you can do it again but there are some really important items to understand.2.
Sally Saladino Property Management Issues
14 September 2017 | 7 replies
Your new PM should then facilitate most of the other paperwork such as getting keys and transfer of deposits.  
John Humphries Where do you put your reserves?
9 September 2017 | 8 replies
If ops account his a particular size I transfer some out to my money market account st the same bank.