
3 April 2023 | 15 replies
A tricky thing with this house was that the original owners but a metal roof on top of their existing roof.

10 April 2023 | 19 replies
However, they will be more maintenance cleaning the filters and coils.

11 April 2023 | 27 replies
The last one (a 1925 house we completely renovated) we ran about $50,000 over budget because the windows had to be brought up to 2022 code, which required metal straps to be installed in various places on the window framing, and all the framing rules have changed since 1925!

4 February 2020 | 6 replies
Your most cost effective option will be to just stick build the walls and then line the walls with 3' corrugated sheet metal.

16 February 2023 | 9 replies
"My loan officer says I need to wait 6 months before I can cash out refi using new appraised value rather than purchase cost".That was when I positioned myself to specialize in loan products that met all of these needs and began doing my own BRRRR deals out of state in St.

16 May 2019 | 17 replies
Invest in what gives you the best return and minimal risk- be that real estate, stocks, mutual funds, precious metals, tax liens, etc.

9 January 2019 | 10 replies
I also have a small welding and machine shop (building custom metal furniture for kurtzandatkins.com).

27 February 2016 | 4 replies
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); andNeither may be invested in your own Retirement funds business startup.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 2015; 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.)
19 August 2018 | 39 replies
Simple things like ac filters each month and the mailbox and post demolished by the UPS truck in front of my eyes.Keep reading, there is a point to this.AC coil for 3 ton unit

24 February 2019 | 0 replies
The place was just a mile from where we were renting and met all the criteria we wanted from a property.