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Results (2,436+)
Emanuel Vega Using private money without 2 month seasoning of funds?
20 September 2018 | 8 replies
NOLO Press has good  information on their website and excellent books on setting up and running LLCs
Omari Heflin Starting out in Apartment Investing
3 September 2018 | 5 replies
It's like developing your muscles
Jason Howell Good books on setting real estate investing goals
25 August 2018 | 4 replies

Are there any books out there that detail the thought process behind setting solid and defined goals as it relates to real estate? Or maybe even not focused just on real estate, but maybe business in general?I always ...

Matthew Meizis is it conflict of interest to use contractors architect?
27 April 2019 | 9 replies
The contractor will not want to proceed unless they are securing the project at the onset.
Kory Quitter Goal Setting and Strategy
7 October 2019 | 7 replies
I recently turned 20 years old and am working on setting long term goals for my real estate career, as well as life.
Justin Schreiner First time investing newbie
26 April 2019 | 15 replies
You gain confidence by doing and as @David Greene says, "building that muscle".Congratulations on your home getting under contract by the way! 
Alexander Vasquez How do I handle looking to young?
25 April 2019 | 85 replies
Just get your hustle muscle on 💪 and people will gladly do business with you.At 24 years old you are probably more energetic and optimistic than most.Get educated and be so good that people have to pay attention.  
Anita Ahuja Turning a flip into a rental
24 December 2018 | 14 replies
The exit strategy should have been outlined at the onset of the project so everyone would be prepared for a plan B or plan C.
Rupert Grant SDIRA vs Solo 401k which would you use and why?
27 December 2018 | 13 replies
@Rupert GrantFollowing 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 2018, the solo 401k contribution limit is $55,000, 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.)
Dale DuPree 2017 South hill Comstock Park Rehab
22 December 2018 | 0 replies
She's the creative one, and I'm just the muscle. ;-) How did you find this deal and how did you negotiate it?