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3 September 2018 | 8 replies
The Solo 401k will likely be the better structure for you if you're eligible, which requires self-employment.A few Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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29 March 2022 | 8 replies
For an extra fee they will pack items that are shipped to one of their yards on the west coast.
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6 November 2019 | 14 replies
(even though I'm not planning to work in the capacity of a traditional broker?)
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22 August 2019 | 16 replies
As @Brian Eastman pointed out, one could spend time researching investments and deciding what to buy and sell in traditional accounts as well.
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16 August 2018 | 6 replies
Property tax isn't a balance sheet item; so I'm assuming for escrow and saving up for it.
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23 February 2019 | 0 replies
Traditional 30 year loan with 20% down.
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23 February 2019 | 0 replies
Traditional 30 year loan with 20% down.
23 February 2019 | 0 replies
Hi All,I am wondering what opinions people have about up-and-coming RE-tech startups that offer crowdfunding platforms or tokenized investment solutions in an attempt to solve the high barrier to entry (accessibility) and liquidity problems in real estate investing (would anyone consider using these platforms as an alternative to traditional real estate investing at any stage in their endeavors?)
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25 February 2019 | 8 replies
I would have a discussion with my attorney & place the items in storage and notify their legal personal representative of their estate.
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28 February 2019 | 12 replies
As @Patricia Steiner said, in my state, an "As-Is" contract allows the buyer to walk away for any or no reason during the inspection period, while the "Standard" contract allows for the seller to remedy certain items to "working condition" and does not necessarily allow the buyer to back out scot-free.If you aren't sure of your contract, consult your Attorney, Realtor, or title company for some direction.