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8 April 2016 | 5 replies
.: Both @Brian Eastman and @Rick Pozos have answered the questions, but in general if you can ask the following questions:(1) Does this transaction cause a direct or indirect connection between myself and my IRA?
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6 December 2022 | 173 replies
Definitions.As used in this chapter, unless the context otherwise requires:(1) "Advance fee" means any consideration which is assessed or collected, prior to the closing of a loan, by a loan broker.(2) "Borrower" means a person obtaining or desiring to obtain a loan of money, a credit card, or a line of credit.(3) "Department" means the Department of Consumer Affairs.(4) "Loan broker" means any person who:(a) for or in expectation of consideration arranges or attempts to arrange or offers to fund a loan of money, a credit card, or a line of credit;(b) for or in expectation of consideration assists or advises a borrower in obtaining or attempting to obtain a loan of money, a credit card, a line of credit, or related guarantee, enhancement, or collateral of any kind or nature;(c) acts for or on behalf of a loan broker for the purpose of soliciting borrowers; or(d) holds himself out as a loan broker.A "loan broker" does not include any bank or savings and loan association, trust company, building and loan association, credit union, consumer finance company, retail installment sales company, securities broker-dealer, real estate broker or salesperson, attorney, Federal Housing Administration or Veterans Administration approved lender, credit card company, installment loan licensee, mortgage loan broker registered under Chapter 58, Title 40 and acting within the scope of its certificate of registration, or insurance company, who is licensed by and subject to regulation or supervision of any agency of the United States, the South Carolina Board of Financial Institutions, or other agency of this State and is acting within the scope of the license; and also does not include subsidiaries of licensed or chartered consumer finance companies, banks, or savings and loan associations.(5) "Principal" means any officer, director, partner, joint venturer, branch manager, or other person with similar managerial or supervisory responsibilities for a loan broker.HISTORY: 1992 Act No. 452, Section 1, eff June 15, 1992.SECTION 34-36-20.
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17 March 2020 | 136 replies
I’m a stock and options market coach and I’ve been investing in the stock market for so long that it makes me think I’m old.I had to cling on to my chair when reading this thread otherwise I’d fallen off several times.Let me try to help and make sense of it all with a few essential points:1.
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2 February 2016 | 17 replies
Several of their officers and directors were going to be meeting with congress members this week.
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7 December 2016 | 12 replies
I picked up 3 bed frames (1 full, 1 queen, and 1 twin), 3 mattresses, nightstands, dining table & 4 chairs, mirror, pyrex dishes, secretary cabinet, and a few other knick knacks for $235.What really ate into my budget was things like comforters, bed sheets, lamps, coffee maker, pillows, rugs, etc. — I went to IKEA & Target for those and that came to about $800.
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15 December 2016 | 7 replies
@Greg Jeanfreau If you are under 20 units I would definitely use rentec direct or truerent.com
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20 January 2017 | 22 replies
Since it can be tough to find a wheel chair accessible house for example, they don't like to move once the modifications are completed... so less vacancy and turn over for you.
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22 August 2019 | 44 replies
Disclosure - Director of PR for DoHardMoney
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13 February 2017 | 4 replies
I've had a tenant install ramps and a stair chair-lift, and they did remove everything and patch the stairwell when the lease ended.
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21 March 2017 | 16 replies
@Justin R.This is the kind of area where you want to sit down and go over the specifics with a qualified CPA or tax attorney.In addition to the specific letter of the law, you need to avoid any "direct or indirect" benefit between a disqualified party and an IRA.Even if a LLC partially owned by you personally was not directly classified as a disqualified party, if your IRA is facilitating the operations of that LLC, there is a potential indirect benefit to you as a member of the LLC.