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Can a self-directed 401k borrow money?

The Self-Directed Solo 401(k) allows for loans. The loan option allows you to borrow from your own retirement funds, up to 50% of the plan value or $50,00...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How much should you offer on a REO home?

You should probably make your initial bid at a price that’s at least 20% below the current market price—perhaps even more if the property you’re bidding o...

How do you prove you are a real estate professional?

To be a real estate professional, a taxpayer must provide more than one-half of his or her total personal services in real property trades or businesses i...

What type of asset is an HSA?

Some people look at the HSA similarly to an IRA, contributing tax-deductible dollars today to be accumulated and withdrawn in retirement. Thus, it should ...

Do property managers need a license in Oregon?

Contractor license not required for qualified property managers. Oregon law permits real estate property managers – and their employees – to work on build...

How many properties make you a professional landlord?

Professional landlords with four or more properties had to pass a ‘stress test’ on new finance applications. Lenders looked at all the properties in a lan...

What is accounting give an example?

The definition of accounting is the process of systematically recording and managing financial accounts. Preparing a Profit and Loss Statement is an examp...

What is the risk/return philosophy for investors?

The risk-return tradeoff is an investment philosophy in which high risk is correlated to high reward. There are a number of specific characteristics consi...

What kind of person is my 20 year old son?

My son, 20, is disrespectful, ungrateful, and rude. When he gets angry, he yells, curses, and calls me every name in the book. This evening he even tried ...

Is point-of-sale in accordance with GAAP?

GAAP specializes in point-of-sale for the hospitality industry and employs industry leading technologies to keep us ahead of the pack. GAAP is leading the...