new office retirement plan

[DollaBill$]

probably a bad choice of wording on my part in stating what she does and how I allocate expenses and salary etc but with that said, not sure I appreciate...

[DollaBill$]

have a newer office and would like to set up a retirement plan. I had a plan administrator see what they could come up with for costs and benefits for...

[DollaBill$]

are the comparables $3500 total rent or is it $3500NNN. I'll bet its 3500 plus NNN and that is for the unfinished shell only. I'd pay as high of rent...

[DollaBill$]

my wife's family is going to sell some land that she is a very small part owner and her long term capital gains will amount to about $84,000. due to...

[DollaBill$]

thinking about getting into a water rower. desire low impact due to left knee issues so its either a rower or elliptical for me. not sure if I should...

[DollaBill$]

I really wished it worked this way! lol I've always said I hate weddings. they are such a big waste of money (of course I think the same about funerals...

[DollaBill$]

answer to your questions:
we live in the midwest, its my wife's sister's son. she is one of the better ones of the family (ie other sister and her...

[DollaBill$]

what amount should I give my nephew for his wedding gift? I feel like with my net worth and income level, my thoughts about dollar amounts are skewed....

[DollaBill$]

so I was reading the post https://www.whitecoatinvestor.com/yo...-not-cover-it/ and it started to get me really angry. You see a couple...

[DollaBill$]

need some opinions on this family issue. my wife wants me to come up with a plan as I told her not to outright sell her mom's real estate due to high...

[DollaBill$]

I think its a reference to successful black man??idk



"I mean, you got the first mainstream African-American who is articulate...

[DollaBill$]

Can I "sell" a commercial property I own in LLC #1 to another corp I own LLC#2 (both owned 50% with spouse) ? I would do a 1031 exchange for...

[DollaBill$]

care to elaborate?...

[DollaBill$]

Trigeminal,
you've got to realize on this site its a badge of honor to live like a pauper and have multimillion dollar net worth so you can retire...

[DollaBill$]

we live in a city in a state with some of the highest rated public schools but we chose to send our 3 children to private school that cost $10K+ each/year....

[DollaBill$]

I like to think of SS as a bonus. I don't calculate it into my retirement funds and plans at all. if its there when I retire, great! extra money! make...

[DollaBill$]

It depends: do you want to actively take care of the property or do you want to hire someone and be passive? if active, I, personally wouldn't want...

[DollaBill$]

follow the money. its probably not as high of a commission so they steer you other ways. find another realtor . there's plenty of them out there...

[DollaBill$]

"Contrast this with the opportunity to do small business 401k + DBP. That's 58K into the 401k and at my age, about 125K or so into the DBP. That's...

[DollaBill$]

unfortunately this is a large problem with single door ownership. if you have 1 door and 1 tenant and they pay, times are great, but if they leave and...

[DollaBill$]

First off, are you from Iowa? if so where at?

you did the right thing getting him out of that e-trade account. 1.2% is just predatory, in...

[DollaBill$]

doesnt oregon have a death with dignity law?...

[DollaBill$]

it really depends at one point you are starting from: are you a novice? looking into active investing or passive investing? just exploring the idea...

[DollaBill$]

yes, you should get away from edward jones. Edward Jones is not known for low fees or low/no loads. how do you think the broker/advisors get to take...

[DollaBill$]

are they buying the house to help you out or as an investment or both? would the house be listed in your name or their name? typically cpa's recommend...

[DollaBill$]

Thanks for the links. I had signed up for personal capital probably 1-2 weeks ago but have yet to link any accounts. I have had no less than a half...

[DollaBill$]

^this. Not sure why all the budget haters either, but this is why I think I want to do a budget/app: I tend to spend willy nilly. if I want something,...

[DollaBill$]

"I use personal capital for net worth etc. It stinks for budgeting. I wish they would improve their budgeting tools and then it could be a one stop...

[DollaBill$]

In my 4+ decades, I’ve Never done an official budget other than in my head! I’ve saved substantially over the years but I’m thinking of getting...

[DollaBill$]

what syndicator did you go through? and what was the asset purchased?...

[DollaBill$]

well if you get 5-6% preferred return, plus appreciated asset sale at the end spread over the holding time AND depreciation to offset income--yeah its...

[DollaBill$]

My house is paid off, but I got to thinking, that it seems like I have a bunch of money that is sitting dormant and losing investing opportunity costs....

[DollaBill$]

I dont want to pay 22k/year but in the big picture, $22k/year isnt a lot based on the value of the properties and the returns I'm getting plus I was...

[DollaBill$]

I have always been of the belief to buy term insurance and invest the rest. however I've since run into my own issues. I have had a 20 year level term...