Nicholas TenBrink
Affordable tub/shower wall solutions?
26 January 2017 | 11 replies
We have used a 5 piece, trim to fit surround in the past for this application.
Account Closed
BRRR - How to handle cash out refi check? (more inside)
26 January 2017 | 3 replies
During the mortgage application, the bank was very weary of any debts, and loans used to help fund this venture.
Joe Splitrock
Nightmare Tenant Featured on Local Television and Has a Website
14 September 2018 | 33 replies
I caught them lying about multiple things on their application:- Fake landlord phone number.
Samuel Coicou
Incentives Landlords Can Use On Tenants
20 April 2018 | 13 replies
Applicants will be happy to sign and take the discount but they will not respect the lease when they decide to leave.You would be farther ahead to offer a discount for them to pay on time and keep them on M2M.
Igor Komerzan
Do i need a contractor for my fix and flip (Massachusetts)
31 January 2017 | 12 replies
“OWNERS PULLING THEIR PERMIT OR HAVING WORK PERFORMED BY UNREGISTERED CONTRACTORS FOR APPLICABLE HOME IMPROVEMENT WORK DO NOT HAVE ACCESS TO THE ARBITRATION PROGRAM OR GUARANTY FUND UNDER MGLc 142A” I hope this answers your question.JP
Dottie Matheson
Florida, New Port Richey Rental Market
22 November 2021 | 16 replies
I am reporting I have one qualified tenant who filled out an application - they are just waiting for their rental history verification.
Elaine Jordan
Moving IRA money to a Self-Directed for Investing
27 January 2017 | 3 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.)
Eric Lewis
Need financing for BRRRR project in Charlotte, NC
27 January 2017 | 2 replies
Seasoning for Refi is mostly just applicable if you're looking to count the rental income towards qualifying income for the refi mortgage.
Troy Elston
Converting private residence to rental property
28 January 2017 | 5 replies
The three exemptions listed are Any portion of the 5-year period ending on the date of the sale or exchange after the last date you (or your spouse) use the property as a main home;Any period (not to exceed an aggregate period of 10 years) during which you (or your spouse) are serving on qualified official extended duty: As a member of the uniformed services;As a member of the Foreign Service of the United States; orAs an employee of the intelligence community; andAny other period of temporary absence (not to exceed an aggregate period of 2 years) due to change of employment, health conditions, or such other unforeseen circumstances as may be specified by the IRS.I am trying to figure out if exemption 3 is applicable if you go over 2 years, and you would be trying to figure out how much of exemption 1 applies to your situation.
Bruce Michaud
SDIRA LLC can it open a brokerage account ?
28 January 2017 | 4 replies
I went thru an application process for ameritrade but they wanted my SSN as the 'authorized agent'.