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13 September 2016 | 2 replies
You can get it stuck, cut/ruin tires, do a Lot of sheet metal damage clearing trees, etc.
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18 November 2023 | 54 replies
We will need a custom piece of metal made. (14x20-17x20).
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25 June 2016 | 44 replies
@Jesse KindraThe following IRS website is a good resource for self-employment requirements. https://www.irs.gov/businesses/small-businesses-self-employed/self-employed-individuals-tax-centerFollowing 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); and 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 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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11 August 2016 | 26 replies
Metal bars on the Windows.
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8 December 2016 | 123 replies
Did a full detail on it, threw some coil overs on it, slammed it, sold it for $2400 the next week.
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30 May 2015 | 23 replies
A new 2 ton unit with new a-coil & line set installed here runs me: $1600-$1800.
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3 June 2015 | 53 replies
I surmise that 80% of the time renters never change the air filter and we find this is the point at which they start complaining of heat and ac issues; or high energy costs.Sometimes they remove the filter because they are too lazy to buy a new one; this can cause build up on the evaporator coil and eventually cause it to fail.This is not the primary reason for my visit, just the reason we chose a 3 months as a timeframe.During this visit I assess property condition, write down all repairs and send my guy out to fix them.I DO NOT offer the tenant the option to do the repairs themselves.Instead, I bill them and any money received goes to the repairs fist, rent second.I find this is a good way to set expectations with our new tenants and make sure they know we are serious about our properties.3 months before the lease ends we walk the property again.We assess the repairs needed and either they make the repairs or we do them.We again bill them the same way.This way, when the lease comes to an end they still care about their security deposit.They have not mentally written it off and left my asset trashed.I recommend you get in there and get the repairs started today instead of waiting for her to vacate.Now is the peak rental season and finding a tenant in the middle of winter will be problematic.Also, I generally sign 2yr leases, but if the lease ends in the winter months I shorten them to end during July.Offer cash for keys if need be, or offer to assist her in the move.Whatever it takes to reclaim this property I suggest you do it now before winter hits.It will be much less of a hassle.
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26 June 2015 | 15 replies
I called some scrap metal guys and they picked it up a week later...they got sick too.
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3 June 2015 | 14 replies
Not an emergency and it's probably a bad compressor that has burnt up due to dirty coils, likely clogged with dog hair.
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4 May 2016 | 134 replies
TJ's anecdote time.I spent several years in northern NV which is heavily dependent on metals mining.