All Forum Posts by: Justin P.

This was my first bp forum question.  I'm amazed at the response and help.  Thank you everyone,  my Roth is not big enough to do everything inside of it. I'll grow it other ways and continue my education.  

Thank you both!

Hello, I've lurked on quite a few of these posts and have found several answers, but I have a couple more questions. I know if I use a Roth IRA to purchase a property, all expenses have to come from the Roth and all proceeds have to go back into the Roth in order to take advantage of tax-free growth. If I combine funds from my Roth with others to make a down payment, can I still get some tax benefits? Let me make an example:

Buy a property $100,000 all in. Use $20,000 from Roth, $20,000 cash, finance $60,000.  If I flip it for $140,000, can 20% ($8k) of the $40,000 gains be put back into the Roth, 50% since it was half Roth half cash that I put in to it, or is there another scenario I'm not thinking of? 

Thank you in advance for your help!

I considered an MBA and an MS, I ended up going with the MS in business analytics for all the reasons given earlier.  It's a broad/shallow, vs. a narrow/deep tradeoff.  If I hadn't done analytics, I probably would have gone finance with an emphasis in real estate.  I'm a noob on here but from the information I've learned so far, the time and money you'll spend on the degree will go much further if put toward accomplishing your RE goals.