6 March 2025 | 2057 replies
If you withdraw earnings prematurely, though, you will pay tax on the amount of earnings plus a 10% penalty.If you withdraw prematurely from a traditional IRA, you will have to pay tax plus a 10% penalty on the full amount withdrawn, assuming your previous contributions we're all deductible.You can rollover an existing IRA to a self-directed IRA, but it's almost never a good idea to invest in buy & hold rental properties in an SDIRA.
24 February 2025 | 6 replies
Because if you don't - the entire amount you pulled from the IRA will be taxable, plus penalties for premature distribution.
26 February 2025 | 40 replies
I do know that DG salaries are kept really, really low at the store level....so any sort of tenant responsible facilities support for a NNN lease would be either outsourced or taken care of by someone over an area.What I mean by that is given the low wage of their employees (lower paid employees are HARD on facilities because they don't respect the job or the property), and the minimal/slow to respond regional facilities support means your building might get unnecessarily and prematurely worn.This is all speculation, but given your fairly low cap rate I'd advise a relook.
23 February 2025 | 80 replies
Don't know.Since it just started, it's a bit premature to say "it has" or "has not" affected real estate.
11 February 2025 | 13 replies
It seems premature and sort of tacky after hearing your thoughts on it.
19 January 2025 | 9 replies
They can only call the loans due prematurity if I default.
20 January 2025 | 19 replies
The property was being lived in....of course it could use a refresh which we also agreed to do a deep clean for you....fact of the matter is is that you chose to walk away from our agreement prematurely and ended up having to go about it on your own.
16 January 2025 | 18 replies
To say I am shocked is an understatement.Finally, when I sought out their tax strategy services, I specifically asked in the informational meeting if I wasn't acting a little prematurely, and if I should wait for my partner and I to be married in 2024 before making this investment, i.e. if tax strategizing would pay for itself in 2023 via significant tax refunds.
13 January 2025 | 11 replies
Out of curiosity would anyone be willing to share any experience with non-paying renters who've vacated the property prematurely?
14 January 2025 | 25 replies
My challenge is that I don't know when exactly I will be able to obtain the STR permit from the city, so I don't want to convert guests too prematurely.