., 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.)

Once you get under contract, then you buy a flight and do in person inspections, walk every unit, explore the market, etc.Also, your deposit is typically refundable for the first 30 days, which is your due diligence period. 

The  most likely harm that will come with a bad contract is you will lose a deposit or a deal.

I have not sent out a lot of LOI letters at once, but the ones I have sent out, I included an offer amount that was fair, a fairly size able refundable deposit, and all subject to due diligence.

You also better know exactly what the lease situation is and you better account for any deposits paid by the tenant to seller.

If he gets it done by the end of the month, we return his full deposit and we'll take care of whatever junk he doesn't want.

It's a good idea to put some earnest money down when the contract is signed (deposited with the title company). 

The buyer will then have 24-48 hours to accept the offer and returned the signed documents along with their escrow deposit.

We returned her security deposit when we purchased the property last year so we shouldn't have any issues there.

So you make your earnest money deposit (tying up your cash), and then wait...and wait...and wait.4. 82 days later the bank comes back and says "No, we will not take $155k.