Samantha Klein
Is this a good deal?
19 September 2016 | 4 replies
Total rents : $1,602Mortgage: $525Taxes: $219Ins: $85 Water/Sewer/Trash: $117Repairs: $160Vacancy (5%) - $80.10 Capex (5%) - $80.10 New roof, newer water heaters, newer furnaces, new central air unit, so capex shouldn't be a big expense for awhile.Numbers will be better when I raise rents but this is current breakdown.
Holly Scott
Crawl Space Vapor Barrier Costs in Colorado
25 September 2016 | 15 replies
A vapor barrier stops air water vapors from passing thru a material or space.
Bill McCartney
36 unit in suburb of Columbus, Oh
14 May 2017 | 36 replies
I'd look into the possibility of installing heat pumps with electric heating elements for very cold days(one per unit, hopefully, in the units which currently have electric heat) these can be installed in the window much like typical air conditioners and they will function as air conditioners in the summer- some can be installed through the wall.
Melissa Shimmin
Self Directed IRAs for RE Investing Recommendations
24 September 2016 | 14 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.)
Gayle Eisner
Keeping a older home in Los Gatos
27 November 2016 | 9 replies
If you have a crawlspace then forced air heat would probably not be too hard to install.
James R.
Does the deed need to be transferred after grandmothers passing?
21 September 2016 | 0 replies
The property is being used on air bnb.
Account Closed
What are your feelings/thoughts/ideas on Self Directed IRAs?
21 September 2016 | 5 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.)
Stephen Sawrie
new to SD IRA
3 October 2016 | 15 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.)
Darren Lenick
New to Central Florida
22 September 2016 | 7 replies
Hi Darren,I just had a sewer line replaced on a rental in Apopka by 5 Star Air Quality and Plumbing Services and assume they would be OK for smaller jobs, too.
Denise Pauzano
Having too much of a backbone?
22 September 2016 | 2 replies
But a reminder to change the air-filter that reads, "Dear Tenant, It's time to change the air filter.