
22 September 2018 | 3 replies
When the deal closes, the seller receives the amount due to them by the Title Company.Hope I can help and good luck!!

11 September 2018 | 9 replies
I understand if it was just normal wear and tear but this was beyond nasty and the carpet was in excellent condition before she moved in 5 years ago.

15 September 2018 | 6 replies
Or not, it's up to you.Oh, and an added benefit of keeping it is that it's your first investment and it will be an excellent learning opportunity!

15 September 2018 | 2 replies
Usually your broker provide an extensive training - you don't need any paid coaches.If you're currently with a small broker, try to switch to big chains like Keller Williams - they have excellent training.No need to pay for training when you already paid for your RElicense.I used to pay for Zillow/Trulia/Realtor leads - it's useless, almost 0% return on my money.When I switched to big brokerage, I've got so much training that it all worked.

17 September 2018 | 7 replies
The referral is no violation unless they are receiving some kind of commission/payment.

13 September 2018 | 6 replies
When buying a primary residence, I alway ensure it is in an excellent location with the potential for appreciation.

16 September 2018 | 5 replies
., 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.)

13 September 2018 | 5 replies
For example: I would receive all income from the property (rent) and my partner would receive all of the deductions?

17 September 2018 | 8 replies
You will want to keep excellent records of income and expenses -- especially in those early high expense years when you are rehabbing units.

21 September 2018 | 12 replies
I received 4 bids all from licensed HVAC installers and they were the least expensive, did their work on time, pulled the permit and got it closed.