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Results (10,000+)
Corey Brown Jersey City V.S Newark, Are These Markets Over Priced!
29 September 2016 | 7 replies
State and federal agencies already have major infrastructure overhauls under review that are intended to support the growth of those particular areas.  
Marcus Gold TSP to IRA
11 November 2016 | 7 replies
You may also want to consider an IRA LLC or a Solo 401k.Following 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 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 (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.)
Luke McCann Wholesaling With License
28 September 2016 | 1 reply
I tell people to avoid most unlicensed brokers because they aren't accountable and have no government oversight.
Jon Q. Billionaire: Chinese real estate is 'biggest bubble in history'
30 September 2016 | 4 replies
The zombie cities will be used by the government.
Tim Greenfield New 50+ member who travels alot
30 September 2016 | 3 replies
Currently work for the government and travel a lot for work.
Tim Greenfield New 50+ member who travels alot
2 October 2016 | 4 replies
Currently work for the government and travel a lot for work.
Mary M. Problems with Exisiting Tenants?
2 October 2016 | 11 replies
Just make sure to follow federal and state laws about screening current and future tenants. 
Ramzey Farsijany Conventional financing unemployed
30 September 2016 | 2 replies
My own navy federal said its up the the lenders.
Johnathan Boyle Rezoning single family home to multifamily home
4 October 2016 | 5 replies
Hey Jonathan,I work for a local government in the midwest in the city's development services department.  
Brandon Sturgill What's a Decent Curfew for a Multifamily Property?
2 October 2016 | 8 replies
Here is a summary of the Section: - Developing a set of house rules is a good practice - The decision about whether to develop house rules for a property rests with the owner- House rules need to be listed in the lease (addenda or otherwise)- House rules must not be discriminatory ("create a disparate impact") per federally protected classesAs pointed out, some tenants may find the concept and term curfew derogatory.