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1 September 2016 | 9 replies
We do mobile home parks so we typically are not looking for one person to do a general inspection but we hire a plumber to come out check water/sewer/gas lines for a professional opinion , same with electric , or if there is roads that look kind of questionable, we will ask a paving /concrete contractor to look at it.
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28 August 2016 | 3 replies
Anyway, thank you Biggerpockets community, with out the help I've received here (while just being a lurker), I doubt I would be where I am now.
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30 August 2016 | 15 replies
All this, after we had professionals inspect everything before purchase, just some things are impossible to see without opening walls and more.
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13 September 2016 | 12 replies
They will be sold rehabbed, tenants in place with professional management, and cash flowing.
28 August 2016 | 0 replies
About a week later we received letter from city saying we did work without permit.
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28 August 2016 | 0 replies
Home address 17929 119th PL NE Arlington WA 98252Considering asphalt drive (70 x 16), received estimates of $4,000 - $6,600.
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28 August 2016 | 0 replies
If you are interested, then be sure to attend the upcoming webinar.After registering, you will receive a confirmation email containing information about joining the webinar.
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31 August 2016 | 18 replies
The reason is that is by state law you are considered an intermediary and not a principal, you are required to comply with the rules governing the behavior of licensed real estate professionals when running your wholesale operation.
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15 August 2020 | 12 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.)
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30 August 2016 | 6 replies
Of the little marketing I've done so far just about all the responses I've received have been from absentee landlords of properties with tenants who will either finance no more than 70-80% if at all and won't take as little as my cash offer.But what else can I do with these sellers?