
9 December 2020 | 3 replies
The owner can contribute both:Elective deferrals up to 100% of compensation (“earned income” in the case of a self-employed individual) up to the annual contribution limit:$19,500 in 2020 and 2021, or $26,000 in 2020and 2021 if age 50 or over; plusEmployer nonelective contributions up to:25% of compensation as defined by the plan, orfor self-employed individuals, see discussion belowIf you’ve exceeded the limit for elective deferrals in your 401(k) plan, find out how to correct this mistake.Total contributions to a participant’s account, not counting catch-up contributions for those age 50 and over, cannot exceed $57,000 (for 2020; $58,000 for 2021).Example: Ben, age 51, earned $50,000 in W-2 wages from his S Corporation in 2020.

9 December 2020 | 6 replies
Even if it's just email, at least you can have a conversation without having to catch each other on the phone, you can attach pictures, etc.Second consideration is a phone number specifically for renters.

24 December 2020 | 10 replies
I recently spent some time catching up with an old friend via Zoom on our various business endeavors and how our careers since college have been going.I told him about my recent RE journey and shared my investing strategy to jump into the Sacramento Real Estate market - specifically pursuing the "house-hack" strategy for my first property (hopefully a small multi-family) and doing some minor rehab projects on the units to force appreciation in a path to progress neighborhood.

16 December 2020 | 44 replies
As far as problems with the property, the inspector will catch anything that is wrong with it.You can probably pay someone to do a 3d scan of the property.

10 December 2020 | 10 replies
With that said, if I have clients looking to add to their real estate holdings and it catches my eye as being suitable for one of my clients, I'll pass it along regardless of the channel (i.e.

11 December 2020 | 3 replies
When I reluctantly bit the bullet to hire my bookkeeper at a considerable hourly rate I was pleased to discover that he was catching all sorts of issues (mortgage payments not getting updated with revised new escrow amounts, checks that didn’t clear, tenants not paying the right amount, etc.) not to mention that at tax time I felt much more confident about my books when handing them to my CPA.- Putting a reminder in my calendar 3 and 2 months ahead of time for when a tenant’s lease is expiring.

16 December 2020 | 75 replies
In the second paragraph I say I could easily fix that by not making a payment the next month to catch up.

10 December 2020 | 6 replies
They mainly do this to catch problems for preventative maintenance before something becomes a major issue.

14 December 2020 | 25 replies
Hope we can catch up soon.

11 December 2020 | 13 replies
My state is offering mortgage assistance to catch people up, but realistically most people here are not even behind.