Jen Hoang
Phoenix, AZ Multi-Unit (6) - Is this a good deal?
27 June 2018 | 5 replies
All units 2 bed, 1 bath, White Quartz counters, stainless appliances, in unit laundry, hard wood floors and metal accent walls make this a unique space to call home.
William Brock
Austin TX software engineer checking in!
29 June 2018 | 13 replies
It was a swift and successful purchase with tenants in 5 days after putting it on the market and I also wanted to test my metal with regards to buying sight unseen (I only visited the house after having keys in hand).
Kristy Farmer
HVAC consideration upright location - no room in attic
7 September 2018 | 7 replies
Yes; I also found out last night that the coil in the one they installed is meant to be horizontal and not the v coil he spoke about.
Matt Leonard
Would you swap oil furnaces for propane or heat pump in Maine
20 November 2018 | 29 replies
Many people automatically think electric resistance baseboards (or electrical coils in a central air-handler), but your ancillary heat could be easily fuelled with natural gas, propane, oil or another fuel.Presuming your use of "furnace" means a forced air furnace and not a boiler and hydronic heat, you have the option of adding a heat pump with an exchanger insert in the plenum of your existing ductwork.
Spencer Anderson
Help me analyze this twin duplex deal in rural Mississippi
8 September 2018 | 2 replies
He built them with low maintenance materials and just recently refurbished 1 of the duplex buildings with a new 40 year metal roof, new water heaters, refrigerators, dishwashers, stoves and AC units.The 2nd duplex still needs to be refurbished but is currently rented, so this gives the option of forced appreciation.
Andrew S.
125+ yr old home settled floors - LVF installation
11 September 2018 | 2 replies
I used a metal transition between kitchen and living room and I’m happy with it.
Angelique Kelly
Tenant refuses to pay pet rabbit damages.
11 September 2018 | 9 replies
I used limeaway which helped a little but ended up spray painting the metal part of the fireplace and replacing the tile.
Chris Keator
Self Directing IRA to pay for rehab costs
16 September 2018 | 5 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(mThe 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 companyThe 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 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.)
Garrett Blanchard
Shipping container self storage
30 October 2018 | 10 replies
Perhaps businesses would be better served by this kind of storage as they don't care what it looks like, just whether or not it is safe and accessible.Think of your customer: if you are Joe and Jane Smith looking for a place to park your prized 1968 Camaro-SS, do you want a traditional, climate controlled roll up door that comes with a paved parking lot, security cameras, high fences, and 24/7 access, or do you want what amounts to a metal box?
Darrick Lowe
What's going on with this exterior WINDOW???
14 September 2018 | 8 replies
Someone formed those strips off a roll of vinyl-covered aluminum trim coil and caulked them into place when the old window was replaced.