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Results (10,000+)
Pearce G. Anybody else having trouble with Section 8 since shutdown?
10 February 2019 | 6 replies
. - New PM will have to submit their paperwork as a payee and either an assignment of lease or a new lease.  
Daniel Hankins Rent to Equity Share Idea
9 March 2021 | 7 replies
The app should take payments and allow submitting repair requests, etc. with pictures.
Don Spafford Anybody worked with Elue Lee with El Solutions LLC for funding?
21 June 2019 | 16 replies
I have been fighting this scammer for almost a 12 months, submitted 4 FBI reports via IC3.gov, 2 reports to FTC, multiple reports to local law enforcement here in NorCal, as well as reports to LinkedIn, ConnectedInvestors, MyHouseDeals.com... and I thought it was over when their site was taken down. 
Tomiko Graves "Do Hard Money" - Anyone Familiar?
8 April 2019 | 26 replies
I"m think a lot of the folks on here that are quick to respond so negatively are the same ones who gave up after the first deal they submitted didn't get approved. 
Javier Rosales Offers for agents, do I need a POF
12 February 2019 | 6 replies
Makes offer more credible with submitted together.
William Huston What permits are needed to finish construction?
12 February 2019 | 7 replies
Inspector also provided us with a copy of the plans submitted.
Robin White Cost to Reroute powerline in Los Angeles?
14 February 2019 | 7 replies
In some cases you may need to submit an application to start a "project" to get into their system.
Jordan Tyler Emrick Titling companies refusing to work with wholesalers
14 February 2019 | 6 replies
Let's start here:  the seller chooses the title/closing agent on a transaction and submits the contract to the title company. 
Derrell Grant FHA 203K loans or Hard Money
14 February 2019 | 7 replies
I believe you can get 15% down, but not sure though.Homestyle vs HMLHomestyle will take longer to close, 30days, probably more since it is more involved than a traditional loan. contractors may have to do paperwork and be approved lender.Interest will be much cheaper than hard money, closing costs will be less but much more red tape.A HML can hypothetically give you 100% financing on purchase and rehab, but more likely 10% to 20% downpayment from you is realistic.They will usually close in a week or so. you probably will just need to submit your rehab plans to lenders.
Eva Mackowski solo 401k or self directed ira?
13 February 2019 | 4 replies
@Eva MackowskiFollowing 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 Differences:In 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 2018, the solo 401k contribution limit is $55,000, 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.)