Raul Delacruz
Contract signed online or email
25 December 2017 | 7 replies
@Raul Delacruz It's worth checking to be sure that your state accepts electronic signatures.
Jason Chambers
Has anyone tried an online notary? Is it legit?
7 January 2017 | 15 replies
Both claim to use electronic notary stamps in addition to electronic signatures which is something I use already anyway.Unfortunately, I'm stuck here for the next couple of months (surprise, cancel Christmas) and everyday that passes is costing me money.
Dexter Morris
I am a newbie, looking for great help.
14 June 2016 | 6 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.)
Bryan L.
Just Do It - Become a Realtor
18 February 2014 | 21 replies
All paperwork can be submitted electronically (in fact, must be) and there is no requirement to ever come into the office.
Justin S.
Lock box
13 January 2011 | 5 replies
Has anyone tried the Nu Set or Vault electronic boxes during rehabs?
Mike F.
Best Cloud based property management software
2 February 2015 | 3 replies
I'm interested in finding a good cloud based property management system that must include some sort of electronic rent payment system.
Kyle R.
What is possible for me? Young and Poor
23 September 2014 | 20 replies
Otherwise that 12k you have would be in the pockets of your "friends" at the electronics and audio equipment stores.
J. Martin
Success Story: 50 Completed AirB&B Hosts: Great Return, Operating from Different Country, Time Spent, PITA, Lessons Learned, & Shout-Outs!
5 May 2016 | 12 replies
At the time, the downstairs commercial neighbor had keys to the building, and the unit has an electronic lock/code on it, so she could get in.
Daniel Sisto
MORTGAGE LIENS?
12 August 2015 | 12 replies
While doing this they never filed the deeds with the courts only electronically with MER.
Jorge Garifuna
How do you identify tenants with similar payments in multi-family
13 March 2016 | 5 replies
@Jorge GarifunaWe have very few tenants who still pay by cash these days - most are electronic.