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15 September 2016 | 26 replies
In my mind, that is heavy metals and maybe some sort of treasury or muni bond (if you think interest rates wont go up).
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16 September 2016 | 9 replies
Because each A/C unit is R-22 Freon, if one unit goes, I would have to spend roughly 3k-4k (per unit) for a replacement as R-22 is no longer available per EPA requiring a complete replacement including the coil located in the furnace.
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25 June 2016 | 13 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.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); andThe 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.)
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25 May 2016 | 8 replies
My dream for my real estate endeavors would be to slow build a property base that would eventually provide my income allowing my engineering profession to be a well paying hobby or give me the ability to start my own engineering company.Non-real estate-wise I also am an avid musician, playing guitar in a terrible metal/hard rock band that somehow Google actually recognizes.
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27 May 2015 | 4 replies
http://www.homedepot.com/p/TrafficMASTER-Pewter-Fl...Here is a link for an example transition strip easily installed with some metal snips to trim it to length and a hammer to nail the nails in with.
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1 April 2018 | 4 replies
I am just making sure that I've met all my due diligence, and not forgetting anything.
24 April 2018 | 2 replies
With the weather becoming nice out My Wife worries that my girls may cut themselves on the rusted metal from the anchors and if the cover is safe to stand.
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7 March 2018 | 4 replies
All cabinets from Lowes & were slightly damaged $980 (I'd been collecting them for a few months).Laminate counter tops $200.Appliances were a Samsung deal for another flip we're doing so we added these to the order.Fridge $425, Stove $325, DW $400 Microwave $23 ( It was a $249 Frigidaire Gallery unit but side was dented & I did some sheet metal repair).
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16 January 2019 | 28 replies
I've been told that the evaporator coil is usually the culprit for freon leaks about 85% of the time, that's a $600-$900 repair plus about $200 in freon.
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13 January 2017 | 5 replies
Good afternoon hope is all well..I have a very reliable friend who Works in the Central Florida area.Manuel does metal framing,drywall,garage doors,roof repairs,demolition,scrap waste pick up,Dumpster rental,Kitchen repair,Counter tops,Driveways,Tree service removal*trimming*and also carpentry work,pressure washing...We are able to do estimates for free and are able to move quickly and very efficient at what we do.Please inbox me for any questions