
15 August 2020 | 12 replies
., 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.)

30 August 2016 | 5 replies
The podcasts and forums are a great way to get perspective on big picture investing.

17 September 2016 | 12 replies
They have done it, they are continuing to do it, and from their perspective, it makes perfect sense.

30 August 2016 | 6 replies
Examples of income of this type include income from hourly workers with fluctuating hours, or income that includes commissions, bonuses, or overtime.History of Receipt: Two or more years of receipt of a particular type of variable income is recommended; however, variable income that has been received for 12 to 24 months may be considered as acceptable income, as long as the borrower’s loan application demonstrates that there are positive factors that reasonably offset the shorter income history.Examples of positive compensating factors that we like to see (1-3 will generally do it)...Employed in same line of work.Makes sense from a common sense perspective, like someone is returning to the workforce after being a stay at home parent for a while.Recently finished some training or education program that lines up with the new line of work.Low DTI.Great credit.Income trending upwards.

14 September 2016 | 5 replies
I ask because I figure that as a foreigner, investing in US property is not ideal from a cash flow perspective unless you're scaling with multiple properties.

30 August 2016 | 6 replies
Thank you all for putting in perspective.

29 August 2016 | 1 reply
Although my building isn't new, the only thing not being replaced is going to be the exterior walls and 2/3 of the roof so my thought was that it should maybe be appraised using the cost approach since it's close to being new construction from that perspective.

2 September 2016 | 9 replies
This was a great chance to get different perspectives on the same topic from industry leaders.

30 August 2016 | 2 replies
Thanks, Alicia, for giving me some perspective.

16 September 2016 | 12 replies
From my perspective, "bird dogging" for someone in my area would be ideal - I think if I knew what an investor wanted and where, I could find it for them.