
1 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.)

2 February 2017 | 12 replies
Keep 1031ing and using those tax deferred dollars to buy more real estate of the type you want and gradually shift it to passive or low maintenance real estate vehicles so your work load is reduced.

2 February 2017 | 8 replies
From his perspective, he would need to work it out with her, perhaps via their legal council.

6 February 2017 | 8 replies
@Michael Carter jr nice shift man!

3 February 2017 | 9 replies
In addition, not sure what you are talking about in terms of showing in the red from a calculator perspective.

3 February 2017 | 11 replies
What is your perspective of the efficacy of these success stories?

5 February 2017 | 11 replies
If you had first run the numbers on your home and the numbers told you it worked as an investment, THEN you decided to buy it, I would change my perspective.

16 March 2021 | 6 replies
I’m looking to invest in a deal and just want some perspective.

5 February 2017 | 6 replies
I'm a FF/Paramedic in VA and also appreciate the time off I get by working 24 hour shifts.

4 February 2017 | 4 replies
By not claiming deductions I could increase my annual income (from a tax perspective obviously) and that would be beneficial as I intend to buy more properties this year.Any insight is appreciated.