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1 October 2021 | 11 replies
Anyone ever built a metal building duplex?
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14 February 2024 | 6 replies
About the wind i do live in Colorado but i assume we connect the carport to footings and anchor it for something like this .. plus permanent install translates to a permanent land improvement instead of just sitting it down on the ground and calling it a day Build a carport out of wood/metal and make a permanent structure.
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9 February 2024 | 31 replies
I had one tenant I found out when they moved out had lost the feet/rollers to the metal bed frame so i ended up with 4 points gouged into the flooring.
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15 November 2016 | 2 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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).
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22 February 2018 | 9 replies
Therefore, if you want to continue to preserve the tax deferred growth of the 401k, you may want to consider transferring it to an IRA or a solo 401k, as both allow for investing in real estate.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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).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 2016, 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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3 May 2018 | 25 replies
These are the following Repair or Replace recommendations from the Inspector:Concrete Stepsfascia around the perimeterclogged drain or flooding potential by drivewaysigns of water intrusion noted in the basementaging signs on room (Potato chip constancy)cracked shinglesNo metal chimney capChimney flashing leakingdrywall cracking in Living room of unit 2Flooring in Kitchen unit 3 is damagedThe ignitor for the oven in unit 4 requires replacement.The toilet in the bathroom of unit 2 is leaking.
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24 February 2021 | 19 replies
@Jennie Berger I met all of my subs through networking with other investors.
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30 November 2021 | 4 replies
Burned out oven coil, etc.
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9 October 2017 | 15 replies
And I would think one could also put metal siding on the containers to decorate it up.To be honest, I don't know what I'm getting into.
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30 December 2016 | 10 replies
.* fireplace with black metal flashing/backstop* downstairs half bath with old sink/lights/weird rattan wall decor (not in the tropics!)