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9 November 2016 | 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.)
12 November 2016 | 2 replies
Any outside advice, perspective, recommendations on exit strategies, areas of concern, etc. would be greatly appreciated!
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21 March 2017 | 4 replies
@Ryan Dossey, have you experimented with direct mailing or is this just an outside perspective?
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8 November 2016 | 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.)
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25 December 2016 | 6 replies
Everyone has a different background, a different perspective, a different set of beliefs.
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30 January 2018 | 10 replies
I loved to meet all the different people and hear their perspectives.
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5 April 2017 | 7 replies
So while it's a bad neighborhood at the moment, once everyone is gone and I fix everything up, I can get a fresh start and make the neighborhood whatever I want it to be.
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4 April 2017 | 17 replies
But, I really wish they would have included a big investor, turnkey provider, or management company in the discussion to add some more perspective to the conversation.I don't think the owner occupant market in the low and moderate income areas is going to be as strong as Mr.
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23 May 2017 | 8 replies
It seems that's the sweet spot from a numbers perspective from the looking around I've done.
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4 April 2017 | 4 replies
Depending on the market you are shopping in, most agencies will split the commission, so it does not really matter to you from a financial perspective whether you purchase through your agent, or direct through the seller's agent.