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Results (10,000+)
Leo Semenov Newbie from Springfield, MA area.
15 August 2016 | 11 replies
Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC.
James Edmister Pay down student loans faster or buy our first property?
16 August 2016 | 35 replies
It's a $35k car, but federal tax credits for electric vehicles make the monthly lease payment low.  
Sooyeon Kim Need help! Rent control in union city, NJ
29 August 2021 | 3 replies
The information you need should be available on line, All state/city landlord tenant regulations and codes should be readily available with a simple search.You need to know all the codes governing your business so you may as well start studying now.
Maila Marinelli New to Delaware REI
14 August 2016 | 4 replies
Dover seems to be a good opportunity with colleges, Delaware government offices and an Air Force base. 
Clayton Swansen Investing in mobile homes
16 September 2016 | 10 replies
Mobiles in a community are subject to lot lease rates and community rules that you are responsible for similar to a condo except governed by the community owner.
James Hendricks Finding market cycle information? Philadelphia
9 March 2017 | 6 replies
Zillow and other sites will have some too of varying quality.Municipal governments may have properties tagged as rentals or owner-occupied if they conduct regular inspections, but that is inconsistent in Pennsylvania.  
Kristopher Williams What makes your market?
14 August 2016 | 1 reply
For example here in San Antonio we have a strong government backing with all the different military bases and also lets not forget about the greatest championship team in the world, The San Antonio spurs lol.
Danial Qureshi Is this a good deal near Spartanburg, South Carolina?
16 August 2016 | 19 replies
There is a low income government housing neighborhood 1/2 mile from there.
Dan Krupa Retirement accounts as collateral
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.)
Edward Seid Am I crazy for not jumping into AirBnB?
5 October 2016 | 16 replies
Finally, there will be federal taxes beyond beyond income tax, since you are considered running a business, you'll be liable for self-employment taxes related to the business income from your nightly rental business.The proposed legislation limits the total number of nights to 90 per year (for units that are not owner occupied, like a home).