
11 September 2018 | 0 replies
I was connected to them by someone i trusted so i blindly trusted them in return.Now that I am getting ready to get a third one, I decided I need some sort of contract and scope of work.

11 September 2018 | 3 replies
Make sure to do a quick google search -> Your City "County PRoperty Appraiser Site" -> then input the address and find out if the property was sold or not.

11 September 2018 | 9 replies
I have defiantly learned my lesson, going forward I will not make the mistake of trusting another person to take care of my house as well as I would.

29 October 2018 | 14 replies
From my understanding, abandoned property laws are there specifically to address items that are left after surrendering keys.

11 September 2018 | 2 replies
most likely laziness or misplaced trust. the only person who you can reasonably expect to care for your property is you, and a strongly written lease is your first line fo defense against damages.

18 September 2018 | 11 replies
Telling the potential buyer that the seller made a mistake in the past seems silly to me at best and potentially a breach of trust at worst.

13 September 2018 | 16 replies
For example we use a company that services our AC units and HVAC once a year for $195 (highly suggested by the way) and with that service we get priority on appointments, 10% off all services and regular (instead of surged) pricing if we have something that needs to be addressed after hours, on the weekends or holidays.

16 September 2018 | 5 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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(mThe 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 companyThe 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 2018, the solo 401k contribution limit is $55,000, 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.)

13 September 2018 | 5 replies
@Neddie Smith, I know people who do stuff like this with trusts, but it is complicated and I am wary of it.
21 September 2018 | 4 replies
@William Thomas Jeff Charlow at Masters title and Escrow, Anthony Onwuanibe at Golden trust title.