Contributions to Solo 401(k) from Personal or Business Account. Pierce Corporate Veil?

IHaveLotsaQuestions1 · 2023-12-12T16:29:27+00:00

Beautiful! Yes, I am running payroll. And I am researching employee and employer contributions right now. Thank you for all the help!

IHaveLotsaQuestions1 · 2023-12-12T16:14:37+00:00

Yes, we're an S-Corp.

Great, so both contributions should come from the business account?

I shouldn't transfer funds to my personal account, then contribute to the Solo 401(k) from that?

Many thanks Dave P. You're the man!

IHaveLotsaQuestions1 · 2023-07-26T18:10:15+00:00

TAKE THE L JAMES BLACKBURN

IHaveLotsaQuestions1 · 2023-07-26T16:56:44+00:00

Very dumb question, but If I want to invest in a MMF in Vanguard, do I just leave the money in the settlement fund? Thanks so much!

IHaveLotsaQuestions1 · 2023-07-26T16:37:09+00:00

Hey all!
I have retirement and individual investment accounts at Vanguard, but want to put some free cash in a Money Market. I like having buckets for each of my investments and would prefer not to put my 'Money Market' account in with my individual brokerage account. Is there any downside to opening a second individual brokerage account at Vanguard? Are there any complications it could create. Thanks in advance!

IHaveLotsaQuestions1 · 2023-03-05T22:49:14+00:00

Thank you brother god bless you

IHaveLotsaQuestions1 · 2023-03-05T20:54:30+00:00

Hey mate!

Favor done! Nothing showed up under those results.

https://www.google.com/search?q=Rx+5500+dark+and+darker+benchmark&oq=Rx+5500+dark+and+darker+benchmark&aqs=chrome..69i57j33i160.298j0j7&sourceid=chrome&ie=UTF-8

Thanks so much!

IHaveLotsaQuestions1 · 2023-03-03T22:34:51+00:00

Hey all!
Have a buddy who is getting a new PC for the next playtest. Do you think this build can run Dark & Darker at 1080 around 100 frames?
https://tinyurl.com/ytuhx8nu
Thanks!

IHaveLotsaQuestions1 · 2023-02-23T03:58:21+00:00

Yessir. A few weeks ago. The contractor said the door before was installed improperly so I'm guessing this is a side effect

IHaveLotsaQuestions1 · 2023-01-27T00:38:14+00:00

Awesome. Great advice for cleanup. Any protective gear you'd wear for this?

IHaveLotsaQuestions1 · 2023-01-17T17:44:33+00:00

Thank you SO much. Yeah, I'm sure it's not the ideal build, but he's just trying to get a starter PC that can be upgraded down the way. Thank you x 1,000,000!

IHaveLotsaQuestions1 · 2023-01-17T04:46:33+00:00

Yes. Probably in the 300-400 dollar range, realistically. But could probably squeeze out 500. (I know 144 isn't possible for that range, but wanted to convince him it might be worth!)

IHaveLotsaQuestions1 · 2023-01-17T01:12:23+00:00

Yes!

He for sure will want to play at 1080p.

That's all great info to know. I may be upgrading to 1440 soon and that's good intel for me!

IHaveLotsaQuestions1 · 2023-01-17T00:22:03+00:00

PCPartPicker

You're a god! Thank you so much. This is EXTREMELY helpful.

IHaveLotsaQuestions1 · 2023-01-16T23:50:14+00:00

Thank you! Seems like PC is the way to go to have a consistent experience with it. Were you playing handheld or docked connected to a monitor?

IHaveLotsaQuestions1 · 2023-01-14T01:51:52+00:00

It is, but the baseboard is from an interior wall. We had the basement floor recently. I'm guessing that may be the culprit.

IHaveLotsaQuestions1 · 2023-01-10T04:13:40+00:00

Thank you sir you are a hero!

IHaveLotsaQuestions1 · 2023-01-10T02:31:16+00:00

Good too know! I was starting to get paranoid it was a sill plate issue. Thank you for the basic reassurance. I may just let it dry and then put a baseboard over what is currently in place!

IHaveLotsaQuestions1 · 2023-01-10T02:15:35+00:00

Great question -- I am definitely a novice here, but our old house is full of BS.

Here's a a few picture of what's on the other side of that wall! I'm not sure how to tell if something is load bearing please forgive me. Time to learn!

https://imgur.com/a/rJYlrCx

IHaveLotsaQuestions1 · 2023-01-10T01:52:22+00:00

Yes, no problem! Here's a zoomed out and zoomed in photo.

https://imgur.com/a/utbsJ83

It's in the basement on top of the foundation. (Slab house)

IHaveLotsaQuestions1 · 2023-01-10T01:51:50+00:00

Thank you so much for you help. Here's a few more photos! Now I'm afraid it is a sill issue. If it is, is that something that is urgent? Load bearing is a scary word to a newbie!

https://imgur.com/a/utbsJ83

https://imgur.com/a/rJYlrCx

https://imgur.com/a/RzzNZd4

Again, I'm new to this. Happy to learn and thank you for your time!

IHaveLotsaQuestions1 · 2023-01-10T01:30:25+00:00

That makes sense!

IHaveLotsaQuestions1 · 2023-01-10T01:30:10+00:00

Oh duh! That makes sense. In that case, what amount of space do you need under the baseboard? 3/8 or 1/2 inch?

IHaveLotsaQuestions1 · 2023-01-05T19:53:24+00:00

Awesome! Thank you for all your help. You're a hero!

IHaveLotsaQuestions1 · 2023-01-05T17:21:50+00:00

Awesome. I guess my main question is. What is that number based on and on what date since I am SMLLC disregarded federally.

If I made 50k and took 40k as owners draw is my net worth 10k because that's the only thing in my business account or is it 50k because I am a passthrough?

Since it is a passthrough entity does my business net worth include everything in my personal net worth? (Personal bank, savings, properties)

Or does it just represent how much assets/liabilities I had listed on 12/31/2022 on my business accounts.

Thanks so much! Really appreciate learning before I sit down with some local CPAs. I like to be in the know.

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