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Cycle 4 Mandatory Restatement The IRS requires pre-approved plan documents (used by most Solo 401(k) providers) to be completely rewritten every six years to incorporate cumulative law changes.

Great question, and honestly the lack of documentation is where most self-managing landlords get burned.

The most practical path is to get a W-2 or documented income now, even part-time, so you can establish eligibility.

I thought we should have a post about changes to Airbnb and Vrbo, or news concerning them, and everyone can keep updating it as changes happen. 

Well, here is some shocking news for you.

Not good news!

Got news today they received it and we're clear to close with a small caveat.

I'll add one angle I haven't seen mentioned - legal documentation to protect yourself during this transition period.Before the rent conversation, specific items in writing:Walk-through documentation with photos/video - timestamp the current condition of her unitLease assignment letter - formal documentation that you've assumed the landlord role from the previous ownersUpdated contact information - emergency contacts, employment verification, next of kin, etc.If the rent increase triggers any dispute, you need contemporaneous documentation of:The condition you received the unit inThat you properly assumed the landlord roleHer current situation and ability to performWhen you present the rent increase, put it in a written notice (even for an MTM lease) that includes:Effective date (verify NY's notice period for 12+ year tenants)New rent amount and payment termsOffer to sign a new written lease with the adjusted termsYour contact info and expectationsThis creates a paper trail that protects both parties and sets professional expectations.

Hello good people of BP.So I recently completed an eviction and realized that the tenant had been sub leasing the property to someone else for the last 4 months. They fabricated the lease , added a new tenant to it, a...