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1 March 2017 | 3 replies
Would a "landlord" Insurance Policy satisfy the "Homeowners insurance" policy requirement for the mortgage company?
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1 March 2017 | 3 replies
If not, place an offer that will be satisfied with if approved.
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6 March 2017 | 13 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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1 March 2017 | 3 replies
Any cash you take out or any amount you buy less than what you sold is treated as a taking of profit and you would pay tax on that amount but shelter any remaining profit in the 1031.You purchased for 560 and are selling for 700net.
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8 March 2017 | 9 replies
While I hope she remains healthy and independent for a long time, life doesn't always work out the way you want it to.
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3 March 2017 | 12 replies
Therefore the tenant remains solely a tenant, just renting the property, until they choose to purchase.
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6 March 2017 | 7 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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3 March 2017 | 5 replies
While no software is perfect, I find this one to satisfy most needs.I do not have any experience with Freshbooks so I can't compare the two.Hope this helps.Ed
3 March 2017 | 7 replies
many reasons the rent has remained at $750 for a long time.
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13 April 2017 | 7 replies
As an inspector, we learn what to look for and estimate remaining life of major appliances and roof.Ben's approach, I believe, gives you what you are looking for.