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Results (4,339+)
Mukesh Yadav Looking for feedback on Self-Directed IRA custodians
6 March 2017 | 13 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.)
Bryan Pham How to transfer/open self-directed IRA account?
6 March 2017 | 7 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.)
D'Andre B. New Real Estate Investor with 2 Deals in 5 months
1 June 2017 | 12 replies
Hello BP Community,  Please allow me to introduce myself and to say thank you to each and everyone member for helping me discover a way to escape the ball and chain of having to spend life in a cubicle.My name is D'Andre and on 10/10/2016 my wife and I closed on our first home.
D'Andre B. Underwriting requesting closing disclosure from a previous deal
11 March 2017 | 12 replies
The credit union now is asking to see the closing disclosure from my first home purchase which escapes me because this has nothing to do with anything regarding the SFR i'm now acquiring. 
TJ Thomas Brick Exterior: Paint it or leave it?
11 March 2017 | 10 replies
Painting brick seals the surface and leaves an environment for water to encapsulate and not be able to escape.
Mike Greenberg Tap equity for down payment to invest in income property?
21 March 2017 | 6 replies
The idea was to work another couple years and then "retire" to be a landlord to escape the office.
Brendon Botelho Renting out primary residence to move out of state (back home)
12 February 2017 | 15 replies
That tradgedy meant my children saw over and over what had happened, so I moved them back where they were born, Boca Raton,FL closer to family, to escape the local scrutiny.  
Zachary Sit A Story of Discovery
20 February 2017 | 14 replies
You find people that are in the same boat as you and share similar stories of travel and a realization to escape the monotonous grind of Western work culture.
Kristopher Smith Using 401k to invest in real estate.
9 February 2017 | 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.)
Vince Gethings Is having radiator heat in a rental a risk?
21 January 2019 | 15 replies
Over time valves looses and in some cases pipes deteriorate allowing for steam to escape forcing system to be refilled.