Sarah Lam
San Francisco meet up!
28 January 2014 | 117 replies
In my mind, this is much more closely associated with maintenance expense, along with construction type/materials, age, deferred maintenance at purchase, and last but not least, THE TENANTS!
Don Konipol
Temporary and Corporate Housing
27 February 2021 | 37 replies
I give them a sales pitch on a house and a nice metal pen with my advertising (2500 are floating around the Midwest).
Jared Forman
Best business credit card for purchasing materials
29 November 2018 | 5 replies
I have been looking for a credit card that offers the best points for purchasing stuff at hardware stores. On an average month I will spend thousands of dollars in supplies so If I can pay for vacation without paying ...
Joe Baker
IRA
21 August 2019 | 19 replies
@Joe BakerGood question.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both 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); andThe Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (CHECKBOOK IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., 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.)
Nicholas Bronte
Bath remodel options
24 October 2022 | 7 replies
Maybe a walk in shower with the window sealed up outside and inside and some nice sheet vinyl on the floor.Add a hand held shower head on a metal hose for hygienic purposes and to make cleaning the shower easier--many of them cost little, and an ADA bar or two to help prevent falls.
Suhas T.
Homebuilder's Approximate Profit
11 January 2023 | 4 replies
Material prices doubled after he signed the contract. 5.
Account Closed
rain gutters
22 January 2009 | 3 replies
I think the problem is solved, via using a sheet metal diverter to direct the water.
Blaine Hubert
AFTER PICS - My 1st Project - What do you think of the deal?
11 April 2008 | 42 replies
In the basement, there was an old rusted metal sink cabinet, with stacks of old cast iron pots and pans in/under/around it.
Jon Holdman
Approximate building costs
29 February 2008 | 6 replies
Any assumptions about standard or quality of construction (materials), the parking or other details that would not impact the square footage and style (brick, wood, steel frame, etc)?