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Results (5,838+)
Jarred Tate Is this 2/1 duplex a good buy?
30 July 2017 | 10 replies
It has a metal roof, but I need to see what the date is that they changed it to that.
Rav Ram What do i do with this Old Nursing Home building i just bought!!!!
10 May 2022 | 31 replies
The Phase I exposed that long ago the property had been used as a metal foundry (early 1900's) as well as records of underground fuel tanks, which the seller either didn't know about or decided not to tell us about.  
Curtis Steinman Flipping in a Self Directed IRA
27 January 2018 | 12 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 creditors;Both allow for nondeductible contributions;Both 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 2017, the solo 401k contribution limit is $54,000, 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.)
Sharad M. Sub$30k - Property pictures
22 February 2023 | 255 replies
Water pipes, A/C and coil were missing and replaced.
Rob Smith Hi Memphis is this a good are for a rental
3 October 2018 | 2 replies
Hi BP I am looking to buy a rental home on  xxx Lillian Dr, Memphis TN 38109Can anybody let me know what this house is worth in the market today  Property Type: Single Family Beds/Baths: 4 Beds, 1 Bath  Square Feet: 1,056 sqft Lot Size: .2080 Acres Year Built: 1960Updates include:New siding, Brand New HVAC UNIT, New Wrought iron Doors, New Metal inside Security Doors, New Paint inside and Out Side, New Electrical Service, New Light Fixtures Ceiling Fans sockets etc, New Windows, New Plumbing, Refurbished HARD WOOD Floors, New Carpet, New Ceramic Tile… and the list goes on and on and on!! 
Wes Blackwell Rent Growth in Sacramento is Triple the National Average
25 July 2018 | 17 replies
When doing a virtual drive by, some things you may want to be on the lookout for are chain link / metal fences around every home, trash / broken furniture out in the streets, stray dogs running around, uncut overgrown grass, broken down cars in people's drive-ways and lawns, bars on the windows of the homes, etc.
Michelle Bulich Would you purchase a house that haunted?
27 April 2019 | 119 replies
So the house is just wood, metal and  stone.BUY IT and rent it to God fearing Christ followers Cause demons won't bother them without Gods permission.Imho
Arturo Colmenero Indianapolis areas to avoid
8 November 2018 | 17 replies
Basically, if you have 2 homes on the neighborhood that get investigated several times of the year for illegal dumping, abandoned vehicles, vacant board orders, or high weeds/grass... it's probably a more distressed area.I also walk the street on Google Earth to ensure that I'm not across the street from a metal recycling facility, railroad tracks, waste water treatment center, landfill, trucking warehouse, etc.Another interesting look is to use Google Maps to find all of the Starbucks in town.
Mushtaq G. HVAC in first rental not working, need help
25 July 2017 | 31 replies
Ok, just returned back from rental, the A/C is running but the technician did some diagnostics and said I have to replace evaporator coil and there may be a leak I have to address, net repair charges is $2500, or the new unit is around ~6k (for 4 ton)(:, Didn't expect this is in month-2 of my journey, I am seriously thinking of taking a home warranty and crossing fingers for a month to go by before I call them And since I am planning to keep this rental for a long time, paying $2500 for repair somehow does not make sense Also I did a rookie mistake, I don't have any clause in my tenancy contract for tenant to Pay service fee, I guess it's a lesson learnt for future
Rob Barry Where did I go wrong? Section 8 Horror Story.
23 August 2020 | 76 replies
You screw in two metal brackets and click it in.