Shane Vince
Citrona homes Multifamily Johnson pa
27 June 2024 | 41 replies
As of May 1, 2024, Paul Andrew Gulbronson is in custody.
James Pezza
Ugly Break up with tenants
12 June 2024 | 3 replies
Started as he got a restraining order on her with custody of the child.
Luis Gabriel Vargas
Creative way to move in together and use current properties
30 May 2024 | 5 replies
I also wouldn't mess with a single mom's alimony, custody agreements, and general stability.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
Here are some of the reasons why: Compared to an IRA, Solo 401k contribution limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
Kevin S.
Question on Checkbook IRA
17 May 2024 | 13 replies
To address your other question about pricing: there are full custodial IRA’s and there are checkbook IRA’s, aka IRA LLC.
Faisal Zaman
Can tenant reverse their rent?
17 May 2024 | 21 replies
Another reason to use this method is there are never any delays in the deposits having to do with a third party, and only one institution (mine) has custody over the deposits.
Mark Prather
Hello from the greater St Louis area
1 May 2024 | 7 replies
Whichever you do, make sure you have checkbook control so you can invest quicker and avoid custodial fees each time you invest.
Kevin S.
CFP or CPA
2 May 2024 | 19 replies
There are full custodial plans and checkbook plans as I mentioned and either of these can be set up with companies that act as plan document provider.
Sandra Kim
Urgent - FIRPTA Nightmare - Title company won't write check to IRS
23 April 2024 | 6 replies
The party with custody of the funds has the legal obligation to do this under the tax law if they hold the sales proceeds.