Dan Krupa
Retirement accounts as collateral
17 August 2016 | 11 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.)
Jason Layman
NC long term asset based lending
15 August 2016 | 0 replies
Specifically Raliegh and Fayetteville areas.
Santosh Bhor
Need Advise on Real Estate Passive Investment as Non US Citizen
17 February 2021 | 2 replies
@Santosh BhorI am planing to start Air bnb or rental.
Juan Diaz
Contractors -- A Short Primer (Part 1 of 3)
15 August 2016 | 0 replies
All other work-foundation, framing, drywall, texture, finish-should be done by a professional.There are many different kinds of laborers that you can hire-licensed general contractors, licensed contractors for specific elements of the building process, skilled craftsmen, and laborers.
Edward Seid
Am I crazy for not jumping into AirBnB?
5 October 2016 | 16 replies
How big of a cut does Air bnb take from the $180/night?
Mariano Medrano
Investor in Okeechobee FL
2 September 2020 | 5 replies
Our strategy for now is to pick up good brrr projects from our local courthouse auctions specifically single family homes.
Patrick McInerney
Coin Laundry service
16 September 2016 | 10 replies
PM me and we can talk specifics.
Kimberly Farrally
Direct Mailing Lists
23 August 2016 | 9 replies
I would never totally scratch a list unless you get a specific no response.
Peter Mikhjian
Capital gains tax strategy - 2 of last 5 years rental
15 August 2016 | 2 replies
Hello,I've got a question regarding a specific situation I'm in.