27 January 2017 | 3 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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); andNeither may be invested in your own business.
26 January 2017 | 4 replies
For example, I was very recently involved in a portfolio purchase (didn't go through) where the overall numbers looked good but some individual properties in the portfolio were not up to par, and I didn't notice until a little longer than I should have.
29 January 2017 | 12 replies
Subscribe to multiple wholesalers lists to get a solid feel for areas and for individual wholesalers figures.
17 February 2017 | 12 replies
The NAA average for individually metered properties is $4,800.
31 May 2018 | 18 replies
I want all of the work done by licensed individuals.
27 January 2017 | 6 replies
In this process I've came across many individuals who own multiple properties with each under its own LLC.
27 January 2017 | 7 replies
Also, I don't know that you can have a registered DBA for an individual's name.
28 January 2017 | 4 replies
Well, I'd like to get opinions individual for this particular project with other peoples influence.
27 January 2017 | 6 replies
IRC § 1031 even addresses properties held for fewer than two years (only the periods during which the property was held are taken into account, unless it looks as though an individual is deliberately trying to “avoid the purpose” behind the code).The safe harbor, essentially, is something like that IF…1.
27 January 2017 | 1 reply
Some updates could raise rents- adding a communal laundry, adding separate heating units (currently all on the same heat with no individual unit control), etc.