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Results (1,238)
Diego E. Ramírez Notice to Owner for unpaid services
10 February 2018 | 4 replies
However, if no Notice Of Commencement was filed/recorded by the owner, the 45 day clock doesn’t start.
Burke Ericson Repairs prior to 1031
12 February 2018 | 3 replies
But there is a huge difference between a refi that happens right before the sale of a property and the commencement of a 1031 and a completion of a 1031 followed by a refi.  
Ryann Kluthe Using self-directed IRA to purchase buy and hold properties
20 June 2018 | 11 replies
Following is more information regarding the solo 401(k) and the IRA LLC.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)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.)
Ryan Franklin Raising private money in a syndicated deal
17 April 2017 | 10 replies
The due diligence phase commences ~ 60 days before close.  
David Espana Using SDIRA for private lending
28 April 2017 | 17 replies
Construction has commenced
Johnny Quilenderino Steps in the process
29 April 2017 | 4 replies
I will update the post as I commence this journey!!!
Sarah Nguyen Transfer Utility To Tenant After Move In
2 May 2017 | 13 replies
And yes, you should include in your lease; ours states "Tenant must change over all utility billing into Tenant's name and mailing address, to be effective upon the commencement date stated on lease."
Jorge Leon Getting my RE license to sell my families property
18 May 2017 | 3 replies
Where would I commence my search for an agent that works with flat fees?
Bob Chapin Do banks lose track of mortgages?
4 May 2017 | 5 replies
IMO, loosing track is impossible WHEN everyone does their job. they file Request for Notice of DefaultA recorded notice made by the beneficiary of a trust deed that he be notified in the event that foreclosure proceedings are commenced by another party of interest.when the TD is filed. 
Bob Lee in CA, will HOA lien priority higher than Tax lien?
1 March 2021 | 2 replies
As a courtesy only, the complete text of § 3712 is provided below: The deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale except:1) Any lien for installments of taxes and special assessments, that installments will become payable upon the secured roll after the time of the sale.2) The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.3) Liens for special assessments levied upon the property conveyed that were, at the time of the sale under this chapter, not included in the amount necessary to redeem the tax-defaulted property, and, where a taxing agency that collects its own taxes has consented to the sale under this chapter, not included in the amount required to redeem from sale to the taxing agency.4) Easements of any kind, including prescriptive, constituting servitudes upon or burdens to the property; water rights, the record title to which is held separately from the title to the property; and restrictions of record.5) Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.6) Unpaid assessments under the Improvement Bond Act of 1915 (Division 10 (commencing with Section 8500) of the Streets and Highways Code) that are not satisfied as a result of the sale proceeds being applied pursuant to Chapter 1.3 (commencing with Section 4671) of Part 8, or that are being collected through a foreclosure action pursuant to Part 14 (commencing with Section 8830) of Division 10 of the Streets and Highways Code.