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21 May 2024 | 0 replies
It came back on the market again, I submitted another offer and got the property!
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20 May 2024 | 4 replies
Just submitted an offer on one yesterday for a client.
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22 May 2024 | 90 replies
In the case of ACH, the refund automatically goes to the tenant's bank account and landlords are unable to submit evidence to fight these disputes.In the case of a card payment, the funds can sometimes get refunded to the tenant directly or may sit in a holding pattern at the bank until the dispute review is over.
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21 May 2024 | 44 replies
Constructive kept me strung out for over a week, submitting doc and after doc after doc, only to tell me at the end, "Well, it doesn't look like you have enough liquidity."
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20 May 2024 | 4 replies
If you're planning to flip the land (with or without the mobile home), then you'll have to figure in the value of it and submit your offer accordingly to make sure there's room for you to make a profit.
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20 May 2024 | 7 replies
Tell the tenant that his opinion carries zero weight, so he must submit proof from an ACCEPTABLE expert to support his alleged foundation issue.Until then, he will be held liable for the terms of his lease, to the fullest extent of the law.
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22 May 2024 | 74 replies
These events are a fantastic chance to connect directly with established GPs and operators, learn from them, and forge face-to-face relationships.SponsorNetwork also allows syndicators to submit their offerings for hosted webinars.
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21 May 2024 | 33 replies
Etc.)Residential:Commercial:In closing we've done small jobs permits under $100 including the county / city fees, and the very large commercial projects where the county fees alone were over a million and it cost over $50,000 just to submit for review.
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21 May 2024 | 138 replies
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.)
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19 May 2024 | 2 replies
Business plan has been submitted and underwriting is underway.