10 January 2016 | 28 replies
The makeshift solutions we find during demo are often entertaining, but sometimes just dangerous in terms of major property damage or bodily injury.
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7 November 2016 | 12 replies
I am trying to do about 70% of the work, while subcontracting out for things like metal roof, solar panels, drywall finish, electrical, and ductless minisplit installation.
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11 February 2016 | 7 replies
If the frame is metal it is generally fine.
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20 May 2016 | 17 replies
Here is where you can diversify your portfolio (I desire 75% precious metals; 25% non-precious metals -- which could be money or some other financial investment that can covert into money such as diamonds).
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6 February 2018 | 32 replies
Also, see following regarding the differences and similarities between a solo 401k and an 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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14 August 2016 | 4 replies
That is where I have met all my resources like Lawyers, Mentors, CPA's, Title companies, etc.
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26 September 2016 | 8 replies
I wasn't sure who I was going to use, but I needed to get a new lock for my door, so I was at Home Depot and trying to explain the metal doors I had to the employee and how I couldn't find a lock that would fit my door, this other guy walks up and takes over the conversation and saves me from the employee.
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4 February 2017 | 23 replies
I have NEVER seen one little bit of metal flashing used ever around here.
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31 August 2017 | 1 reply
I mean just imagine what it takes to send a two and a half million pound hunk of metal thrusting through the earth atmosphere.
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7 October 2017 | 89 replies
You will replace a roof (well, you can go 50 year things with metal).