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Results (10,000+)
Nate S. VA appraisal and asbestos
6 January 2019 | 3 replies
I've lived in this house pretty much 3/4 of my life besides the years serving in the military and inherited it from my mom passing away.
Varinder Kumar City finally adopted ADU laws, time to get to work. Need advise
4 August 2021 | 22 replies
The floor area for an accessory dwelling unit shall not exceed 30 percent of the residential floor area of the primary dwelling or 600 square feet, whichever is less, and minimum area of 150 square feet, or as specified in Section 17958.1 of the California Health and Safety Code.6.
Will Leon Newbie in Chicago IL
22 January 2019 | 10 replies
Don't try to convince everyone you are an idiot before you even begin...they might believe you.Just be proud to say what you really are, which seems to be an intelligent guy who knows the area, has a lot of work experience in the field (and life experience) and is eager to learn more about REI and buy his first property.
Marisa R. What will stop the BOOM in Atlanta
14 February 2019 | 7 replies
Some will have dips of course but not as bad as some intown Atlanta areas.I have lived in GA all of my life but I am more of a suburbanite  so do not like to be in these ultra compact areas so my views might not be the norm.
Paul Martinez What should my next step be?
23 December 2018 | 11 replies
What is the vision you have for your life
Holly Schuster Philly investor here, intro and probate inquiry
22 December 2018 | 2 replies
From then on I started to see life differently.
Daniel F. Harb Did I Mention I HATE The Stock Market?......
24 December 2018 | 70 replies
Beyond that, life is calling you.
Eric Gamble Rental 50%-Rule vs 30%-Rule on a SFH
24 December 2018 | 19 replies
It's all based on numbers, that are minimum/maximums that I redetermine (my REI Plan does actually), which in turn is based on my financial requirements (real life).In other words, I'm not looking for needles in haystacks, I'm looking for stacks of needles, by using reverse engineering.
Rupert Grant SDIRA vs Solo 401k which would you use and why?
27 December 2018 | 13 replies
@Rupert GrantFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (checkbook IRA) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2018, the solo 401k contribution limit is $55,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., 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.)
Robert Biggerstaff What have you learned to keep long-term tenants?
26 December 2018 | 15 replies
Long term residents that take care of my property, rarely call me and pay on time is what makes my life good.Thank God no one has said "buy them Christmas presents..."