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28 March 2022 | 51 replies
The state entity structure can be an LLC with federal tax status as s corp.
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26 June 2019 | 31 replies
Things like government, medical, universities are all fairly recession proof.
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28 March 2019 | 6 replies
Do Property Managers Have A Duty To Protect Tenants From Known DiscriminationMarch 20, 2019Federal appellate court determines that a landlord can be liable under the federal Fair Housing Act (“FHA”) for failing to protect a tenant from discrimination when the landlord is on notice that another tenant is targeting the tenant.An African American individual (“Tenant”) leased an apartment in a multi-unit apartment complex (“Complex”) managed by a property management company (“Manager”).
11 June 2016 | 23 replies
Our market is up 30% since I bought mine, and my manufactured home has maybe appreciated 5%.Investor financing is difficult since it isn't supported by any federal programs, but it is still available.
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2 June 2016 | 2 replies
See the following:The Self-Directed IRA and Solo 401k Similarities Both 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;Both are prohibited from investing in assets listed under I.R.C. 408(m); andThe 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 (IRA LLC) 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 2015; the solo 401k contribution limit is $53,000, 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.)
16 December 2015 | 8 replies
Here are the top 10 I observe: Not following Federally and State mandated lead-based paint disclosure.
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15 November 2015 | 9 replies
@Michael McCormack,, if you are talking cashflow,,I am a big fan of government tenants.
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24 November 2015 | 20 replies
You can finance all day long to investors as commercial transactions.Next, the note buyer issue, note investors, if you buy a newly created note, commercial or consumer, you are considered to be "funding at the table" this is federal, you are not an investor you are a lender!
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29 November 2015 | 13 replies
The Florida Fair Housing Act pretty well mirrors the Federal Fair Housing Act as far as I can determine.
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5 November 2018 | 7 replies
It is not governed by rent control.