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8 August 2023 | 50 replies
J Scott has a sample Contractor Agreement and lots of other 'freebies' on his site:http://www.123flip.com/newsletter-subscribers-extra-goodies/
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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.
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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.)
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6 September 2019 | 47 replies
We have an investor dashboard/online portal where investors can view their statements and we like to keep our investors up to date with a quarterly newsletter but that's pretty much it.As for your other questions, there hasn't been a ton of talk in the past year about the 10% fund specifically because it has only just recently re-opened.
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7 October 2013 | 10 replies
I then send a weekly update email to all clients of all issues impacting their properties, maintenance issues outstanding, new city legislation, etc. all clients also receive a monthly newsletter with their monthly report outlining the positive reasons for investing in our area, as well as a pocket listing that may lead to increases business for them as well as I.Edit: One more thing.
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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.
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13 January 2011 | 5 replies
Has anyone tried the Nu Set or Vault electronic boxes during rehabs?
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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.
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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.
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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.