Zachary Bellinghausen
401k Swap to Self-Directed 401k
6 March 2024 | 7 replies
Do transfer direct to avoid fed 10% withholding.My CPA does not want to assist me in any aspect of my Solo 401-K.
Sigmund VanDamme
Flex Space Untapped / Hamzainvests.com
5 March 2024 | 1 reply
It costs money to build a flex product, few hundred k, won't be a "no money down" or "syndicate from your friends" type of financing.Many of my clients are buying and constructing buildings as graduates of the program.
Jessie Dillon
For Female Investors: Can't Rave Enough About The WIIRE RETREATS!
5 March 2024 | 7 replies
@Steve K. these are specific to women :) @Elisa Michals they also have a wiire facebook group!
William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
5 March 2024 | 34 replies
I agree with @Joe Zinger and @John Johnson, roll your funds into a self directed IRA - which can take the form of a SEP IRA, a Roth IRA or a solo 401(k) - and avoid tax exposure.I also think that @Paul Civitello made a crucial point but didn't emphasis it, and that is this:You can purchase a property with self directed IRA funds, tax free, earn a profit, and put that profit, along with the initial capital, straight back in to your self directed IRA, all TAX FREE!!
Andreas Mueller
Warning! - Don’t Get Screwed by a Shiesty Contractor. How to avoid it, and more!
6 March 2024 | 2 replies
Quote from @Phil K.: @Andreas MuellerThanks for the share!
Cyndy McCommic
Are there really private money lenders Out there?
4 March 2024 | 5 replies
first off if you have to buy a system those are not true private money lenders those are HML ers full stop.private money lenders are folks that you meet personally.. at REIA meetings etc.. other professionals that you may encounter in your day to day that would have invest-able cash. many of these professionals will have IRA solo K profit sharing plans and those are your perfect investor. otherwise quit wasting your time and find the nearest HML that are REAL ( tons of fakes) their rate will be basically the same as private lenders generally speaking
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
4 March 2024 | 34 replies
Yes, we all receive annual K-1s.
Engelo Rumora
WTF is wrong with investors these days?
9 March 2024 | 261 replies
Quote from @Steve K.: They don't have any money for the down payment and want to find a property for "$0 down, creatively financed" but at the same time they'll pay $10k for a lying guru to blow smoke up their ***.