
7 September 2017 | 14 replies
These are things that are cheaper when you hire contractors who specialize in those things, as they can get discounts on the materials, they own the tools and they can finish the job in probably a third the time as a handyman.For example, painters can generally get paint for 30-40% less than a handyman just based on quantities they buy.

7 September 2017 | 4 replies
Are they buying all materials?

19 September 2017 | 16 replies
Google what it costs (labor rate) to install flooring and then look at cost-per-sq-ft materials at Home Depot.

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.)

4 October 2017 | 10 replies
They covered a ton of material and it was structured in a way that most universities do.

13 September 2017 | 11 replies
Based on average materials being used (vinyl siding, etc) Bldg envelope is 101’-4” x 41 = 4,154.67Two Stories = 8,309.33Apartment sizes: 993sqftSoft Costs: $25,000 Engineering: $5,500Architectural: $0 (Not sure if I will need architect yet.

8 September 2017 | 5 replies
When this policy has been in effect for 60 days or more, or at any time if it is a renewal with us, we may cancel:(1) If there has been a material misrepresentation of fact which if known to us would have caused us not to issue the policy; or(2) If the risk has changed substantially since the policy was issued.

8 September 2017 | 3 replies
Now that I'm doing it full time, the need to be more organized with costs, contractor and materials scheduling etc. has become apparent.What software are you using to project manage your rehabs/flips?

11 September 2017 | 33 replies
My flooring guy charges me around $4.00 sq.ft. installed for 12MM & premium under lament (labor & materials included) here in the DFW area.

9 September 2017 | 4 replies
I just received my Real Estate Salesman License and want to cost out marketing materials and hit the road running.