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31 August 2016 | 14 replies
Not onky that but you can hold on to the cash flow properties till they are paid fully for your retirement so its a short term and long term benefit for both of you guys!
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4 February 2017 | 10 replies
If I do hold up my end I will have them paid off in 10years.
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30 August 2016 | 10 replies
I'm not necessarily concerned with what they paid for it, I'm more concerned about the cash flow part of it.
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9 October 2016 | 7 replies
I also plan on getting my real estate license, have finished the pre-licensing course, and will sit for the exam soon.
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15 August 2020 | 12 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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31 August 2016 | 3 replies
Currently all bills are paid which creates a huge amount of overhead.
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11 September 2016 | 3 replies
I paid zero to my broker when I was doing PM.
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30 August 2016 | 6 replies
Benjamin Cowles We bought a duplex recently in pre foreclosure.
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2 September 2016 | 5 replies
Less labor for the deleader ( = less cost to you) and if it's occupied, you need to cover the cost of housing your tenants while the work goes on.There are tax credits for deleading and loan programs in MA that you can use that don't have to be paid back until you sell the unit.