Sal Mazzone
Need help with a lending situation
23 February 2017 | 17 replies
Even if there is a personal guarantee on the duplex it shouldn't show up on your credit report.
Ramon Huerta
LLC
3 October 2016 | 5 replies
i'm not aware of any requirement in Michigan to file a tax return or do anything other then pay a basic $25 annual fee and file an annual report which basically indicates whether there are any changes to the LLC.
Fernando S.
Is there any market interest for real estate in Refugio, Texas
29 September 2016 | 10 replies
If purchased at the right price, properties in the area can make great rentals, owner financed deals or even flipsIn towns such as Refugio, the typical buyer is going to utilize USDA financing for the 100% financing.
Jay Phillips
Team Building and Pay
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.
Tyreese Gadlin
PRIVATE MONEY AND HARD MONEY HOW DO U USE IT?
29 September 2016 | 10 replies
That would certainly not be typical.
Julie Marquez
My Goals For Easy Rentals and Passive Income - Feedback Please
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.
Ryan Wright
Multi family
7 October 2016 | 9 replies
Recourse lenders are typically your local, regional, national, and community banks.
Marcus Gold
TSP to IRA
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.)
Scott Byer
Architecture and Engineering Stamps Costs
28 September 2016 | 8 replies
I'll report back.
Michael Conway
Best locations for investing under $50,000
4 October 2016 | 9 replies
Semmes St, Memphis, TN 38111Seems like it could be a dangerous... typical vacancy rates?