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Results (5,638+)
Jackelyn Gonzalez Questions on Chicago Closing Costs
20 September 2017 | 1 reply
. $40 Electronic Document4. $15 Electronic Filing5. $75 Predatory Lending6. $1,690 Lender's Insurance7. $1,275 Settlement Fee8. $3 State Policy Fee9. $540 Title Endorsement10. $125 Title Update Fee11 $65 Wire Transfer FeeTotal $4,128
Account Closed Electronic signatures question
22 September 2017 | 1 reply
Good morning,Any wholesalers using some sort of electronic signature service? 
Chris C. Self-Direct 401K/IRA Advice
30 September 2017 | 13 replies
@Chris CapersFollowing 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 (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 2017, the solo 401k contribution limit is $54,000, 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.)
Richard McCloskey Is it rational to get "spooked" out of deal by squatter?
27 September 2017 | 1 reply
If the power is not on how are they powering the electronics?
Peter Sik circuit beaker trip twice
29 September 2017 | 14 replies
Tell the tenant to unplug all the electronic applications connecting to this circuit beaker.
Nick LeQuia Best Way To Put In An Offer
9 October 2017 | 4 replies
Electronic is easiest.
Ben S. Preparing for and profiting from a crash
3 April 2017 | 46 replies
I stick to population growth, job growth, migration, political unrest, changes in governments, changes in the velocity of money, changes in the transfer on monetary wealth and of the method of transfer (exchanging commodities vs electronic funds). 
Jessica Vollendorf Insurance Policy on a LLC
25 September 2019 | 10 replies
Regarding your tenants they should know that none of their personal contents, furniture, clothes electronics etc are covered under your homeowners policies and therefore if they want them covered they should purchase a "Renters Policy" and please note that the renters policy should come with some liability coverage should your tenants have guests over that get injured which is helpful to you especially in a serious accident where damages could be significant.
David Shapiro Do you replace 13 year HVAC system with R22 refrigerant?
18 July 2018 | 25 replies
Sometimes our electronic leak detectors will pick up the leak, sometimes not.
Casandra M. Do Property Management Companies need to be licensed in Wisconsin
5 April 2017 | 5 replies
Using services such as builduim or appfolio, the management company can prepare the lease and then send it to the owner for his/her review and electronic signature.