Shiloh Lundahl
Analyzing Cash on Cash Return for College the same as a RE Deal
28 May 2019 | 2 replies
So keeping that in perspective I'd say the best rule is your student loans shouldn't exceed 60% of your career's 25% percentile wage.
Patrick Sears
Opportunity Fund tax question
17 January 2019 | 8 replies
If you invest "fresh" funds, you will not receive any benefit.
Jeffrey J.
Accredited Status - Net Worth Requirement
31 January 2019 | 22 replies
Think about it from a Balance Sheet perspective - you're converting cash to a note receivable.
Amar P.
STRs & how to analyze deal differently than traditional rentals
1 February 2019 | 4 replies
Consumables such as toilet paper, paper towels etc will also have to be estimates until you know what your consumption is broken down on a per night perspective (the best way to average it over the year assuming you won't ever achieve 100% occupancy).
James Horton
Should I start an LLC for my first property
3 June 2019 | 9 replies
I will explain my perspective as a professional who works around asset protection every day, just for some reference.When I sit down with clients, I always discuss (1) their personal assets, and (2) what their current investments portfolio and other business ventures are before discussing (3) their future goals.
Mark Frattini
Tenant was “gifted” a dog
9 December 2018 | 58 replies
Allowing pets in whatever form does open up a lot more perspective renters.
Brook L.
I have a lot of built up equity- should i sell? rent out? etc?
21 December 2018 | 7 replies
From financial perspective, I think selling your condo and purchasing another primary house using for house hacking could be a good idea.
Jennifer Asuncion
guest cancelling 4 days prior to check in
24 December 2018 | 11 replies
thank you for all the help. it really gave me perspective. i appreciate all of you!
Scot Sorenson
Should PM be showing me Background checks?
24 March 2019 | 8 replies
Hello BP,Should my PM be showing me background checks on perspective tenants?
Matt Maluchnik
Bill Bronchick's Self Directed IRA from checking act??
2 June 2016 | 2 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.)