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.
21 November 2016 | 5 replies
There are countless neighborhoods near downtown Tucson and close to the UA that from a location perspective are unrivaled.
19 October 2016 | 3 replies
I would say the down side is that having a loan will reduce your loan capacity so it would be detrimental from that perspective.
21 March 2016 | 26 replies
We run into this in Orygun a little its been a traditional LOW money EM environment at least from my perspective of working in the SF Bay area for 30 years.. were EM is traditionally 10% of purchase price or at least 5 to 10k to even get your contract looked at.. when I came to Oregon people would use 500 and 1,000 and that was the norm here. now to be competitive they have upped that I see 30 to 5k very often and sometimes higher.But if your in low value asset markets IE wholesaling old tired homes that your buying for 1k to 50k I can see lower EM being the norm..
25 March 2016 | 12 replies
Everyone seems to be leading more towards buy and hold, so that definitely puts some things into perspective.
30 March 2016 | 11 replies
I wanted to know what are your views and perspectives on sweat equity if you know how to do all of the work yourself ?
26 September 2016 | 22 replies
From my perspective, this has been a positive development.
4 April 2016 | 8 replies
Thanks a bunch for the perspectives.