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28 September 2016 | 2 replies
His company typically takes title, mine handles the rehab, and we settle up at the end.I do handle listings through my brokerage, but I'm fortunate that I have a very low (or no) commission split with my broker, so that's not really a factor.
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29 September 2016 | 10 replies
That would certainly not be typical.
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30 September 2016 | 36 replies
I'm sure your $50k annual savings will increase over time as well, but this is just something to keep in mind.2) The lenders I've dealt with typically only lend up until you have mortgages on 10 properties.
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7 October 2016 | 9 replies
Recourse lenders are typically your local, regional, national, and community banks.
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11 November 2016 | 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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28 September 2016 | 8 replies
I'll report back.
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4 October 2016 | 9 replies
Semmes St, Memphis, TN 38111Seems like it could be a dangerous... typical vacancy rates?
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1 October 2016 | 8 replies
Returns typically are in the 15-17% range.
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28 September 2016 | 4 replies
I typically have about 2-3 of each so you have options.
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28 September 2016 | 4 replies
Typically, when landlord sends a notice to quit/vacant the property, the first thing tenant does is calling the board of health.