USING SELF-DIRECTED IRA FOR REAL ESTATE INVESTMENTS – ISSUES AND PITFALLS
Attached is a great lengthy newsletter (Winter 2013-2014) from the Washington State Bar Association’s Real Property Section analyzing the issues and concerns with using an Individual Retirement Account (IRA) for purposes of investing in real estate and other business assets and estate planning pitfalls. A very technical review of the IRS tax code. [gview file=”https://rowleylegal.com/wp-content/uploads/2014/05/2014-RPPT-NEWSLETTER-SELFDIRECTED-3.pdf”]
If Divorcing, Divide Investments With Care – WSJ.com
When it comes to negotiating a divorce, many couples give relatively little attention to retirement and investment accounts—seeing them as pots of money that can be simply split in two. That’s often a mistake. Accounts and their contents require careful examination before a “fair” division can be determined. Various types of retirement accounts have their […]
Real Estate Professionals (investors & brokers) – Make Sure You Maximinze Your Deductions
A real estate professional (investor or broker) who owns rental property is allowed to deduct an unlimited amount of rental losses each year. No one else can do this. Real estate pros can because they are not subject to the dreaded passive loss rules. But it gets even better. Real estate professionals are also not […]
Some Americans Paid Off Credit Cards While Waiting for Foreclosure
ByBen Leubsdorf The sheer number of foreclosures during the recession may have helped some Americans pay off other debts, such as credit-card bills. Bloomberg News Foreclosures rose sharply during the recession, peaking around 2009, and the timeline for processing them stretched out in some states to as long as three years. That allowed people to […]
6 Rules for Text Messaging Your Residents | Real Estate and Rental Marketing Blog for Professionals – Zillow Pro Blog
As the landlord myself I am a firm believer in using text messaging to contact one’s tenants. Provides you with a written documentation as to exactly what was said and also reflects the reality that most tenants rarely answer their voice messages and almost never respond to e-mail. Also works great to respond to prospective […]
Buying a Foreclosure? Watch Out for These 5 Landmines | Fox Business
Buying a Foreclosure? Watch Out for These 5 Landmines | Fox Business.
Short Sales – Limitations on Collecting Deficiency Judgments
The 2012 Washington State Legislature regular session concluded on March 8. Bills were enacted that affect mortgage loan origination and servicing . As the legislative session proceeded, various foreclosure-related bills merged into Engrossed Substitute House Bill 2614 (“ESHB 2614”). ESHB 2614 affects: short sales, the Foreclosure Fairness Act, rights of a foreclosure sale purchaser to […]
Personal Information, Password Theft on the Rise | Realtor Magazine
Hacked personal information online, including stolen passwords, has soared 300 percent during the first four months of 2012, according to a study by Experian CreditExpert and Opinion Matters. Personal Information, Password Theft on the Rise | Realtor Magazine.
Cybercriminals Sniff Out Vulnerability – WSJ.com
Small businesses need to be vigilant about protecting their computers and networks from hackers. More and more cybercriminals are targeting small business because they know that most small business owners are not be vigilant with cybersecurity as larger companies. They are targeting business banking and checking accounts. Cybercriminals Sniff Out Vulnerability – WSJ.com.