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Results (9,604+)
Jered Sturm Reducing Utility Costs w/ Solar Panels on Apartments?
11 March 2019 | 17 replies
@Jered Sturm - I looked into this several years ago and the cost of solar panels (not including installation costs) was prohibitive.  
Uneeq Khan AirBnB friendly cities in NJ?
31 August 2020 | 6 replies
If it meets that criteria, it would imply that there is a draw there and that the legal environment is conducive or at least non-prohibitive to that kind of business. 
Elizabeth O. Selling a rental property owned less than a year
7 August 2014 | 53 replies
I'm quite sure that planning does not require a 3.11/neighborhood notification (which is the main clusterf*ck you want to avoid in SF :)  Otherwise it's lots of little nudnicks from DBI, but bottom line, as long as you have decent ingress/egress, ceiling heights, etc I don't think the requirements are prohibitive.
Ashley Berry New to Starting Wholesaling
16 November 2019 | 19 replies
Also many states prohibit marketing properties you do not own unless you are licensed.
Tyler Brown Does anyone rent out units less-than-legally?
22 February 2017 | 10 replies
They glanced at the CO and survey, but didn't even look at the address.Renting rooms in prohibited unless the homeowner lives there.Can't do a two family as the town doesn't permit any two family homes, except those that are grandfathered in.It's not the end of the world if the kitchen is removed, but it's a nice selling point that I figured would increase the rent a little.
Austin Walters Wholesaling As A Licensed Agent???
29 November 2016 | 6 replies
While we prohibit agents from selling their own personal residence, we do permit agents to represent themselves in the purchase and sale of investment property.
Jim Chung self- directed IRA vs solo IRA
17 September 2016 | 12 replies
@Jim ChungGood question.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; andBoth 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 2016; 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.)
Mark Updegraff Share your WORST tenant requests?
19 September 2018 | 79 replies
That's when I found out about the space heater (prohibited in our leases).  
Tim Porsche Cheapest Way to Set Up Self Directed IRA
2 August 2018 | 32 replies
And while it is sometimes possible to partner with a disqualified person, in other circumstances if that is the only way your IRA can invest by partnering with yourself (in other words IRA is unable to make this investment on it's own), this is known as "enabling" and is a prohibited transaction.
Beth Collingz Philippine Property Ownership Laws - Non-Filipinos
16 September 2006 | 3 replies
As regards the house, the Court of Appeals ruled that there is nothing in the Constitution which prohibits respondent from acquiring the same.