Ben Feder
How do you decide how to remodel to get the best use?
30 October 2019 | 10 replies
I have started using electronic deadbolts so that I can just give someone the code when they need to get in.
Sharaya Rutherford
Interview with Broker
4 March 2016 | 13 replies
We also use electronic/remote keys for lock-boxes in VA which costs $50/mo.
George Stewart
Newbie from teaneck new jersey
25 November 2014 | 13 replies
I am a electronic tech and have no experience in realestate investing but my goal is to become one.
Account Closed
Realtytrac-DefaultReasearch-opinions of services
18 September 2007 | 32 replies
The title company changes him nothing for the electronic list.
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Hello, I'm Cheryl from Las Vegas
20 July 2007 | 9 replies
We are entrepreuners -business owners in the Electronics industry as well.We have been slow and steady, but really decided on buy and hold about 5 years ago.
Jonathan Rexford
How to Pay Sellers for a Short Sale
6 June 2010 | 7 replies
In dealing with distressed homeowners, I always seem to have extra stuff lying around and I will give them appliances or electronics.
Terrence Ruffin
Moving to the Fort Meade/ Baltimore, Maryland area
30 May 2017 | 7 replies
A little about myself: For the past 5.5 years I have worked as an electronic countermeasures tech in the Air Force.
Account Closed
Looking for Cook County Tax Sale List 2010
10 August 2010 | 2 replies
I would also be willing to pay you if you already have the list, I believe it is an Excel electronic copy.
Gregory Bargiel
New member from North Jersey
11 January 2016 | 6 replies
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 bankruptcy creditors;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be directly invested in your own business startup 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 (self-directed IRA LLC) must be utilized;The solo 401k allows for checkbook control outside the LLC;The solo 401k allows for personal loan known as a solo 401k plan.If you borrow from your own IRA, it will be deemed a taxable distribution;Unlike an IRA, a Solo 401k can invest 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 his or her solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of his or her IRA; instead, a trust company or bank institution is required;Unlike an IRA, generally 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, generally 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--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 401k RMD requirement;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.
Account Closed
Any Tips On Finding Properties To Wholesale?
1 February 2016 | 4 replies
We have success with 3 key marketing strategies:1) AdWords - set up an account with the right keywords and a good landing page2) Direct Mail to Absentee Owners with Equity3) Outdoor - billboards (static & electronic), other signage, wrapped cars, etc.We're also now running radio and TV advertising in a lot of our markets but that's not a strategy that I start with.