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Results (10,000+)
Jason Roberts Looking for Bulk and Single Family Deals in Major Metro Areas
8 November 2016 | 1 reply
If you have access to first time home buyer priced deals or bulk transactions we want to talk to you.
Andre Medeiros Direct Mailing Campaign Wording
21 March 2017 | 4 replies
Your goal here is to get a more affluent individual to trade equity for ease of transaction.
Marsha Segree SD401K vs SD IRA and Checkbook Control
8 November 2016 | 5 replies
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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The 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 (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.)
Larry Flanagan Can I wholesale/flip in my SDIRA?
8 November 2016 | 2 replies
You need to be careful not to be providing services or adding value to the IRA personally.Such transactions will have exposure to UBIT taxation, since they are considered a trade or business and not passive investments.  
James Marszalek RE Investing Boils Down to 4 Steps
25 December 2016 | 6 replies
It's good to think about stuff philosophically and not just emotionally or reactively.Good post sir!
Nancy Nelson Occupied foreclosure on auction
19 November 2018 | 11 replies
Very smooth HUBZU transaction also.
Jack B. Ever feel like the saying "break out another thousand..."
30 March 2017 | 0 replies
I get real estate goes up in value, etc. but man, sometimes I look at the money I spend in transaction costs buying and selling, contractors for repairs, tenant maintenance, excise taxes, other taxes, taxes ON the taxes that I'm the governments sucker propping up the economy.Take my primary residence for instance.
Michael Begnaud Misrepresented Square Footage on Purchase
9 December 2018 | 18 replies
@Michael BegnaudSounds like you had a realtor involved in transaction.
Lennie Brown At the closing table
2 April 2017 | 8 replies
You would need to use one of "their" agents to find & transact your purchase.  
Avi Garg Easement and financing issue
30 March 2017 | 0 replies
In each of the prior deals, the purchaser was utilizing bank financing, and the lenders refused to finance the transaction because of the existence of the easement and sewer structure."