Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,859+)
Rick L. Gut Renovation Diaries - New Haven, CT
10 August 2017 | 12 replies
I treated all walls halfway up with a crystalline concrete waterproofing solution, sealed up cracks and holes with hydraulic cement, and decided on metal studs throughout the unit with rock wool insulation in walls and ceiling to resist moisture and insects.
Steven C. Suarez Sellers don't want to return earnest money!
9 August 2017 | 5 replies
If so and you've met all your obligations, you need to lean on the title company to release your earnest money.  
Colin Easterbrook Self directed IRA to purchase an investment
10 August 2017 | 7 replies
Following 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).In 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 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.)
Tag Ogren Looking at purchasing a Morton Building
16 August 2017 | 1 reply
If the roof is a flat metal roof, see if it has at least a 2% slope on it, otherwise it is vulnerable to roof leaks especially in a rapidly melting snow.  
Brandon H. Solo 401K LLC Bank Account
20 August 2017 | 6 replies
If you were going to put 50% of your plan value into an asset with liability risk such as real estate and 50% of your plan value into non-risk assets like stocks, cash, precious metals, etc., then having the 401(K) isolate the property under the LLC would be a good idea.  
Arthur J. Encinas 1st offer on REO property
23 August 2017 | 19 replies
By what the agent mentioned, it looks like they were or were stealing the copper coil in the house, if that's the case I will offer a low offer but a little higher then the other offers (hence, why I had agent represent me), and worse case I would get a bid on using pex pipe.We will see.
Bruce Clark Rough/Sloppy grout lines on side of brick building - Ideas?
11 September 2017 | 13 replies
Then sheath and side with metal panels, vinyl siding, fiber cement, etc.
Kenny W. Picked up a hoarder home
4 July 2017 | 3 replies
The outside (and probably inside) is pretty bad and I am just looking for overall advice on cleaning up the junk.Are there places (scrap metal recycle?)
Josh Legg First (and Second) 'Buy and Hold' Deal Done in 6 months!
9 July 2017 | 10 replies
I liked it because it had a new metal roof and it was cheap!  
Sean Kollee inner city duplex post 21-28
18 July 2017 | 1 reply
Even the seasonal time change is working in our favour.Lined up for the work week (seems like it is already well underway as of Saturday night); Exterior metal work - this is the soffit, fascia and trough.