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27 July 2013 | 10 replies
Not just for REI, but for everyone.Stick around the forums, stay motivated, engage in conversations, keep reading, just be an information sponge!
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19 September 2017 | 6 replies
We would even have challenges starting a brokerage company right now in this climate as well.
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27 October 2013 | 28 replies
It's a challenge to be sure, and it gets overwhelmingly frustrating at times, but I've had my eyes on the prize for a good long while now.
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28 July 2013 | 7 replies
One way to ensure you stay committed is to engage in the forums, network with local investors, and read books!
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17 May 2012 | 3 replies
This provides the asset protection of an LLC and the tax savings of the S-Corp.I want the great people of BP to challenge my thinking and offer some other ideas to explore....Or give support as to that being the best method.
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24 May 2015 | 33 replies
ROBS stands for rollover as business startup.Over 20,000 ROBS have been funded to date and fortunately the IRS has published guidelines on ROBS.October 2008 Memorandum:First official publication where the IRS formally addressed the ROBS arrangement;IRS confirmed that these transactions may be not challenged as “non-compliant per se”;IRS summarized the steps involved in the ROBS transaction; andIRS identified compliance pitfalls including the failure to file the annual retirement plan form 5500 tax return, the failure to file the corporation’s tax return, & the failure to obtain an annual valuation of the plan’s assets including the investment in the corporation stock2009 - ROBS ProjectIn 2009, the IRS initiated a “ROBS project” to define traits of compliant ROBS plans and in doing so acknowledged that a ROBS transaction can be conducted in a compliant manner. 2010 – IRS Telephone Forum In a 2010 telephone forum conducted by the IRS, the IRS’s Director of Employee Plans Examinations Office and the Area Plan Manager stated that ROBS transactions are not “abusive per se” and that “you can have a textbook ROBS that is pretty much problem-free.”Fall of 2010 Retirement News for Employers: Brief SummaryThe IRS confirmed that the ROBS transaction is not considered an abusive tax avoidance transaction;The IRS confirmed that it does not protect business owners (also known as the plan sponsor) from incorrectly administering the retirement plan;The IRS confirmed that if the rules are not followed the retirement plan will be subjected to adverse tax consequencesFebruary 2013 Employee Plans Compliance Unit ROBS Project: Brief SummaryMuch of the same information contained in the October 2088 Memorandum was published in this summary; andThe IRS again confirmed that ROBS is not considered abusive transaction.
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3 May 2018 | 22 replies
The challenge in my area is not the actual rent but finding someone with a valid voucher.
16 May 2012 | 3 replies
Much better to get your own financial house in order so you can buy a house in the conventional fashion rather than engage in a lease/option.
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16 May 2012 | 4 replies
All have different challenges, risks, time and financial commitments, knowledge or expertise requirements, certifications, etc etc etc.
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16 May 2012 | 15 replies
We used to be challenged getting 1% back in 05 - 07.