Lynn Knights
Income Tax Return - Buy or pay on Debts?
25 January 2016 | 4 replies
Truely food costs are pennies on the dollar for anything other than meat, dairy and fresh fruits/ veg's ( which I am going to try a garden but I am afraid, I can even kill fake items lol.)
Derik S.
Is a multi-family property good for a beginning investor?
2 February 2016 | 3 replies
I would try to find a apartment complex where the average rent is lower, so around the $500-$800 mark, so if certain aspects of the market in that area go belly up, perspective tenants can still manage to occupy my units.
Brandon Schlichter
Almost 2 years into being a buy-and-holder - 18 units & a full time job
30 April 2015 | 68 replies
I feel like I'm at my limit from a management perspective--but you think you could handle 100?
Luke Miller
Salem Oregon Market Trend Question
30 December 2017 | 18 replies
This is either really good from a landlord perspective or possibly that the market doesn't support long term rentals.2.)
Chris Kelly
Termites and bandaid repairs on SFR Cape Cod, MA - deal help needed
1 July 2014 | 8 replies
Two buyers have walked away already - and this time he was supposed to fix the damage from termites, but he just mickey moused one corner of the house and it looked like he put a fresh beam of wood that wasn't even doing anything structurally (not sure why).
N/A N/A
Tenant negotiations / re-negotiations? (long)
7 February 2007 | 4 replies
I don't know the tenant lease laws in California, so I can't really comment on that, but I think you might be losing perspective on the big picture here.
Tyrell Perry
First Rental - Finally Pulled The Trigger
16 May 2016 | 106 replies
The amount of annual income from the property is compensation for the risk you're taking in the process.This is the perspective from a wealth management viewpoint - most people have an income-first perspective, so they're primarily focused on income over profit.No criticism of anyone's approach ... just hopefully clarifying for @Don Young.
Alex Gaw
Gun shy seller
6 May 2016 | 18 replies
Thanks for the response and the perspective @Guy Gimenez!
John Caviness
Is Memphis still a good area for investment?
14 June 2016 | 5 replies
I agree 100% with Alex Craig rentals go quick if they are updated and fresh.
Dexter Morris
I am a newbie, looking for great help.
14 June 2016 | 6 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.)