1 April 2017 | 5 replies
From my perspective, it really doesn't have anything to do with teaching the competition, as there are plenty of houses for everyone, but more to do with time management.
9 January 2018 | 24 replies
I truly appreciate your honest comment, which (unfortunately) confirms my concern, and provides further insight.The following site also has a nice overview of how safe, from a seller's perspective, are various payment methods: https://en.bitcoin.it/wiki/Payment_methods (Note: I have not the faintest clue what a bitcoin is, but they seem to have the same problem that we have: safe electronic payment methods.)In summary, I conclude that there is no suitable electronic payment method for rent collection, that is governed by the rule of law rather than the judgement of private intermediaries the rules of which can be gamed, and that cannot be reversed at will by a smart "professional" renter.
12 January 2017 | 4 replies
Instead of doing what others do by waiting for success to then teach the world how, I will be documenting my progress, or maybe lack there of, as I push through.This way the struggle is real and fresh and not forgotten in the aftermath of accomplishment.I hope my experience is of some use and please feel free to contribute.
9 January 2017 | 1 reply
Hope this helps from the technical perspective....but it likely does not resolve the difficult relationship that is created from this scenario.
12 January 2017 | 10 replies
Lots of old homes with good bones, just needing a fresh look.
31 October 2016 | 13 replies
@Julio De Leon Time is just a matter of perspective....Class of '91.
4 November 2016 | 5 replies
From the perspective of the 1031 it is important to know 2 things.1.
31 October 2016 | 0 replies
A C Corp’s conversion to an S Corp is far easier from a tax perspective than a conversion to a partnership.Another factor to be evaluated in the entity selection process is whether the owners want to structure different types of ownership interests in the entity.
2 October 2016 | 27 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.)
9 November 2016 | 10 replies
You don't want this to be your first Investment.This first Investment gave me the experience to also buy a second, more riskier but more rewarding Investment with that same Partner.To put things into perspective, the date was 1997.