Search found 17 matches

by dfw_north
Fri Apr 09, 2021 10:21 pm
Forum: Personal Investments
Topic: Roll over IRA adn Self Directed IRA
Replies: 7
Views: 543

Re: Roll over IRA adn Self Directed IRA

Here’s what I know/believe. 1) The transfer of the quarterly dividends has to be custodian to custodian as you are only able to make one indirect rollover per year (as in 365/366 days point to point) from any of your IRAs. Serious IRS issues if you violate that rule. This issue is not specific to a Self Directed IRA. 2) Once the Self Directed IRA is in cash you can roll back to your Rollover IRA. If I am wrong someone will assuredly correct me. Alan S. Please take a look at this question and provide your expert feedback. Cheers Thank you sir. Regarding point 1) you can only do one rollover per year even between brokerages? For example, you can only take advantage of brokerage bonuses on eve per year per account??? Just curious..
by dfw_north
Fri Apr 09, 2021 10:16 pm
Forum: Personal Investments
Topic: Roll over IRA adn Self Directed IRA
Replies: 7
Views: 543

Re: Roll over IRA adn Self Directed IRA

placeholder wrote: Fri Apr 09, 2021 7:46 pm I thought a lot of the benefits of real estate investing had to do with tax deductions and such.
Thank you. Good to know.
by dfw_north
Fri Apr 09, 2021 7:23 pm
Forum: Personal Investments
Topic: Roll over IRA adn Self Directed IRA
Replies: 7
Views: 543

Re: Roll over IRA adn Self Directed IRA

Thank you. We would like to invest in some real estate via a syndicate; we could not do that in rollover Ira.
by dfw_north
Fri Apr 09, 2021 6:09 pm
Forum: Personal Investments
Topic: Roll over IRA adn Self Directed IRA
Replies: 7
Views: 543

Roll over IRA adn Self Directed IRA

My wife has money in her Roll over IRA. It was rolled over from 401K plan from her previous employer. She plans to move some of that money to a Self directed IRA - where the amount gets invested in some Real estate. Self directed IRA will get dividend every quarter. My questions are

1) Can she transfer those quarterly dividends into the Roll over IRA?
2) Can she transfer Self directed IRA into Rollover IRA, when the real estate property gets sold?


Thank you in advance,
by dfw_north
Mon Jan 25, 2021 7:58 pm
Forum: US Chapters
Topic: Happy 97th Birthday, Taylor Larimore
Replies: 146
Views: 12378

Re: Happy 97th Birthday, Taylor Larimore

Happy birthday Tyler! Thank you for all you do!!
by dfw_north
Sun Jan 17, 2021 8:24 am
Forum: Personal Consumer Issues
Topic: Microsoft Office - scanning?
Replies: 15
Views: 1803

Re: Microsoft Office - scanning?

egrets wrote: Sun Jan 17, 2021 8:20 am So I'm shopping for a new laptop and my current one is ancient, so I am not up to speed technically.

I'm looking at a Lenovo IdeaPad Flex 3 (11). It seems to be okay for the things I do. I don't game, watch long videos, etc.

What I can''t figure out is what to do about scanning. It has optional Microsoft Office packages but none of them mention scanning. On my current laptop I use Microsoft Office Document scanning a lot.

Can someone clue me in? Thanks.
Please try Microsoft Office Lens
by dfw_north
Sun Jan 17, 2021 8:21 am
Forum: Personal Investments
Topic: Optimal frequency for auto-investing in taxable account
Replies: 41
Views: 4264

Re: Optimal frequency for auto-investing in taxable account

:happy
lakpr wrote: Sat Jan 16, 2021 3:07 am There is a user here (and I do not mean myself) who is fond of saying:

When should you invest the money? When you have it.
When should you withdraw the money? When you need it.
Next!

:)
by dfw_north
Sat Jan 16, 2021 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: IRS delays start of tax filing season to Friday, February 12, 2021
Replies: 75
Views: 8307

Re: IRS delays start of tax filing season to Feb. 12

Also announced on IRS official website: https://www.irs.gov/newsroom/2021-tax-filing-season-begins-feb-12-irs-outlines-steps-to-speed-refunds-during-pandemic IR-2021-16, January 15, 2021 WASHINGTON ― The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns. The February 12 start date for individual tax return filers allows the IRS time to do additional programming and testing of IRS systems following the December 27 tax law changes that provided a second round of Economic Impact Payments and other benefits. Side note, reading further down the announcement, I am amazed how large the average refund is. Last year's...
by dfw_north
Mon Jan 11, 2021 8:34 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds [India]

Anon9001 wrote: Mon Jan 11, 2021 11:01 am
bostonboglehead123 wrote: Mon Jan 11, 2021 10:50 am Any ETF ticker names you'd recommend? Some alternatives to basic ones like SPY, VTI, VTIBX etc.
Motilal Oswal S&P 500 index Fund, Motilal Oswal Nasdaq 100 ETF and Motilal Oswal Nifty 500 Index Fund. There are no International Bond Funds here. I would advice to not invest in debt funds if you are Indian as the risk-return is much better for Public Provident Fund, Employee Provident Fund and also they are not taxable (EPF you have to wait 5 years before it is not taxable) compared to debt funds which are taxable with the only issue being liquidity for these.
Thank you. Capital gains on motilal Oswal s&p 500 fund is 20% long term and 40 % on annual dividends? Am I right? Please advise..
by dfw_north
Mon Jan 11, 2021 8:29 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds

Anon9001 wrote: Mon Jan 11, 2021 12:38 am
dfw_north wrote: Sun Jan 10, 2021 5:21 pm
Thank you for your response .. MOFSP500 Direct plan has .49 ter and regular plan has twice that. How can One invest via Direct plan..
You can use Kuvera for buying via Direct Plan. Or Zerodha but that stores Mutual Fund units in Demat format.
Thank you. Could you please let me know the difference between direct plan vs smart format?
by dfw_north
Sun Jan 10, 2021 9:13 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds [India]

Ubersetzer wrote: Sun Jan 10, 2021 5:58 pm
dfw_north wrote: Sun Jan 10, 2021 1:45 pm My nephew lives in India and started a new career. Could you please suggest low cost buy & hold funds that he can invest in.
Nifty 50 index funds are represent most of the market and are low cost. For example, UTI Nifty 50 has 0.1% expense. You can directly invest from Asset Management Company (AMC). If you want to invest across multiple, MFs consider a non-demat platform : Kuvera is great (Zerodha Coin is a Demat).
Thank you... You mean zerodha.com
by dfw_north
Sun Jan 10, 2021 9:13 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds [India]

TedSwippet wrote: Sun Jan 10, 2021 5:37 pm
dfw_north wrote: Sun Jan 10, 2021 1:45 pm My nephew lives in India and started a new career. Could you please suggest low cost buy & hold funds that he can invest in.
Have you found the non-US section of the wiki? If not, this page may be of interest:

Investing from India - Bogleheads

India has a sub-par US income tax treaty, and no US estate tax treaty whatsoever. Assuming that your nephew is not a US citizen, for US tax reasons he will want to entirely avoid holding US domiciled funds or ETFs such as VT and VTI, and instead hold either local Indian mutual funds or other non-US (typically Ireland) domiciled ETFs. Full details in these wiki pages.
Thank you very much. I will check the link...
by dfw_north
Sun Jan 10, 2021 5:21 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds

Anon9001 wrote: Sun Jan 10, 2021 1:50 pm
dfw_north wrote: Sun Jan 10, 2021 1:45 pm My nephew lives in India and started a new career. Could you please suggest low cost buy & hold funds that he can invest in.
Right so a combination of Motilal Oswal Nifty 500 fund and Motilal Oswal S&P 500 fund should do the job for your nephew. He can buy them using Kuvera.
Thank you for your response .. MOFSP500 Direct plan has .49 ter and regular plan has twice that. How can One invest via Direct plan..
by dfw_north
Sun Jan 10, 2021 5:00 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Re: Indian Mutual funds

dru808 wrote: Sun Jan 10, 2021 1:47 pm ETFs? maybe, total US, total international

Thank you.. I do not believe he has access to US funds.
by dfw_north
Sun Jan 10, 2021 1:45 pm
Forum: Non-US Investing
Topic: Indian Mutual funds [India]
Replies: 17
Views: 2007

Indian Mutual funds [India]

My nephew lives in India and started a new career. Could you please suggest low cost buy & hold funds that he can invest in.
by dfw_north
Sun Dec 27, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: Utility Stocks
Replies: 15
Views: 1976

Re: Utility Stocks

Thank you all for your time and answers...
by dfw_north
Sat Dec 26, 2020 11:29 pm
Forum: Investing - Theory, News & General
Topic: Utility Stocks
Replies: 15
Views: 1976

Utility Stocks

I wonder why utility stocks are trading @ a discount. SR, NJR, OGS etc. Considering low interest rates, it is surprising. What am I missing here? Thank you for for your answers...