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28 May 2020 | 2 replies
Traditionally, P/L will be split based on the amount each partner contributed.
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1 March 2021 | 14 replies
That is the very definition of "highest and best use" and will make a lot of folks $$ while also contributing 8 affordable units to the city of Chicago.
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8 January 2021 | 27 replies
@Ayana MoraliIf you are depositing non-retirement funds in a 401k, you would do so as contribution (e.g. from your wages if you have a 401k through your employer or if you are self-employed with no full-time employees you can set up a Solo 401k and make contributions based on your self-employment income.
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2 June 2020 | 3 replies
I am a college student that wishes to delve in real estate (particularly rental residential properties) soon and I know I can learn a lot here and hopefully I can contribute something as well :) Cheers!
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5 June 2020 | 7 replies
There are some immensely successful people that continue to contribute priceless content.
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8 June 2020 | 2 replies
. - The most effective thing I can think of as a non-attorney and non-CPA (so check this before you rock this) would be to have a Joint Venture agreement between your company and the potential partner's company in which your company contributes money to each project in exchange for repayment of principal amount (the loan for rehab) and 50% of the net proceeds of the sale.
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20 June 2020 | 32 replies
The more region-specific the better.I would echo the sentiments others have expressed regarding allowing users to contribute their own reviews if they have worked with a company and if it's a company with offices in many locations, allowing them to specify where the services were rendered.
8 June 2020 | 7 replies
It is considered a contribution of capital under the tax law.
19 June 2020 | 5 replies
@Steven Cruz I'm not super familiar with a 457b, but from some quick research, it sounds like you can contribute the normal maximums to both independently.
11 June 2020 | 6 replies
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.