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re: Self Directed IRA - Cousin on 4/15/18 at 1:06 pm
[quote]Fat Bastard[/quote] Hey man I appreciate the info...I wasn't aware of this checkbook control structure. I'm reading on it now and I like it since it's more efficient then having to get approval each time from the custodian. Thanks for the info....Jump to Post - View Topic - Replies (1)
re: Self Directed IRA - Cousin on 4/15/18 at 8:02 am
Nah, you can’t spend any of it until 59.5yrs old..it’s basically just a different way to get out of the market and invest in non-traditional means. If using Roth money, all of the earnings grow tax free. ...Jump to Post - View Topic - Replies (0)
Self Directed IRA - Cousin on 4/14/18 at 10:05 pm
Has anyone used one for purchasing real estate? I’m looking into using one to flip properties. I’m going to convert a Roth IRA I have into a Self Directed IRA. If you have, what company (custodian) did you use?...Jump to Post - View Topic - Replies (2)
re: Refi questions - Cousin on 4/13/18 at 7:54 am
[quote] If its an FHA my understanding is that you can never drop PMI unless you refi.[/quote] This is correct only if the loan was originated in 2014 or later. If the loan originated before this date, you can get rid of it with 22% equity in the home. Nevertheless, there are more rules that...Jump to Post - View Topic - Replies (0)
re: Thoughts on Liberty Mutual for car insurance? - Cousin on 4/11/18 at 3:08 pm
[quote]It will never be 30%. Best case, typically, is about 8%.[/quote] I have Liberty Mutual for home and auto. I've been with them for 3 years now. My wife and I did their safe driving program for 90 days and got 16% off....Jump to Post - View Topic - Replies (1)
re: please delete - Cousin on 3/29/18 at 12:38 pm
I created two LLCs earlier this year that me and my wife own. It literally took me less than 10 minutes. We don't have a formal operating agreement and the LLCs were for real estate investing. ...Jump to Post - View Topic - Replies (0)
re: Cornelious Brown IV- "Quad" - Cousin on 3/22/18 at 8:12 am
[quote]Errerrerrwere[/quote] Do you get off to trashing people? I just don't understand your point for doing what you're doing. You must have some free time on your hands. Coach, don't waste your time feeding a troll. Let it go. You won't gain anything from arguing with him. The majority ...Jump to Post - View Topic - Replies (1)
re: Some "big time" visitors this weekend: - Cousin on 3/18/18 at 7:36 am
[quote]Where ever he ends up, I want to see Evan Neal play college ball[/quote] I was in the barber shop with him Friday. We talked about LSU for about 20 minutes. He was a real nice kid and responded to me with "yes sir" and "no sir". His sister lives in New Orleans and he was born here befor...Jump to Post - View Topic - Replies (3)
re: LSU hires Jeremy Hawkins - Cousin on 3/15/18 at 1:01 pm
[quote]was a pretty good left tackle a few years back for LSU. Thought he would stick in the NFL. Did he have a career ending injury? Anyway I like when ex LSU players get on board. The young guys can bond better with the current players and are a great asset on the recruiting trail. [/quote] LM...Jump to Post - View Topic - Replies (0)
re: Debt vs investments - Cousin on 3/15/18 at 12:27 pm
[quote]I dont get this line of thinking but to each his own.[/quote] Main Reason 1. The rate you pay on your home is likely smaller than what you can earn on other investments (stocks, investment properties, etc.). Another Good Reason 2. You can write off mortgage interest on your taxes. ...Jump to Post - View Topic - Replies (2)
re: Question on selling home - Cousin on 3/5/18 at 2:28 pm
If the profit is $250,000 and under ($500k if married), you don't owe anything. You have to be living in the home two of the last five years. Here is the link to the info on the IRS website. [link=(https://www.irs.gov/taxtopics/tc701)]Home Sale Exclusion[/link]...Jump to Post - View Topic - Replies (1)
re: Homecoming 2018 Date? - Cousin on 2/20/18 at 12:51 pm
[quote]It will be la tech. Hasn’t been announced, but it’s obvious. [/quote] How so? 2 years ago we played Ole Miss for Homecoming. So I wouldn't assume La Tech is the for sure date....Jump to Post - View Topic - Replies (1)
Homecoming 2018 Date? - Cousin on 2/20/18 at 12:47 pm
Does anyone know when Homecoming will be this year? If not, any idea of when it will be announced? Sunday, Sep. 2 Miami (FL) Hurricanes AT&T Stadium, Arlington, TX Saturday, Sep. 8 Southeastern Louisiana Lions Tiger Stadium, Baton Rouge, LA Saturday, Sep. 15 at Auburn Tigers Jo...Jump to Post - View Topic - Replies (7)
re: Pros and Cons of banking with a Credit Union - Cousin on 2/8/18 at 4:31 pm
I've been with Campus Federal since 2002 and love it. I haven't had any issues and have had multiple loans (car, home, LOC) with them since then. I also lived in Dallas for 9 years and was able to utilize the "sister network of credit unions" to make any deposits. This option is still available b...Jump to Post - View Topic - Replies (1)
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