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2 March 2017 | 22 replies
Augusta, GA.
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6 March 2017 | 13 replies
@Mukesh YadavFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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); andNeither may be invested in your own business.
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6 March 2017 | 7 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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); andNeither may be invested in your own business.
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5 October 2018 | 21 replies
They made up all sorts of excuses for three weeks and it lost us precious time and money.
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6 April 2017 | 24 replies
I know we live in a small state so ultimately I could drive to any of them but time is precious and closer the better.
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20 February 2017 | 14 replies
The reality is that money is the most precious commodity that money can buy.
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9 February 2017 | 5 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); andNeither may be invested in your own business.
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15 February 2017 | 2 replies
So far what I currently know for residential is listed below;- REO (Can be found on bank websites, just input the city & state)- Craigslist, Zillow, Trulia, HotPads, Realtor.com, - Realtor, MLS (Already have listing e-mails set up, for three cities (Atlanta, Augusta, & Athens Georgia) with a realtor that is investor friendly)- Driving for Dollars, and utilizing listsource to find leads for Absentee Landlords and Homeowners with high levels of equity- Talking to people at work, supermarket, subdivision, etc.3) After buying one property and finally seeing that I could generate additional cash flow, I want to start planning for future commercial purchases such as apartment complexes (20 Units).
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22 February 2017 | 9 replies
@Lucas LeBlancTo learn more about the solo 401k loan rules, see the following:https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loansAlso, following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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); andNeither may be invested in your own business.
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24 February 2017 | 8 replies
I myself am looking for properties around the Augusta area but look forward to one day getting closer to Atlanta.