The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

So if you eliminate all of those properties that have old roofs, mold, settlement issues, outstanding code violations, and more of the why step in that - I'll call those "bad deals," you can get on with analyzing deals that are worth your time and possibly worth doing.  

The other financed properties reserves amount must be determinedby applying a specific percentage to the aggregate of the outstanding unpaid principal balance (UPB) for mortgagesand HELOCs on these other financed properties.

You were a 5% owner if you owned (or are considered to have owned) more than 5% of your employer's outstanding stock, outstanding voting stock, or capital or profits interest.If you file a joint return, don’t count your spouse's personal services to determine whether you met the preceding requirements.

But I am talking the surface fleet, if you go aviation or some other community, you have more station options that are sound as well.Just don't spend signing bonuses or your paycheck on an insanely cool car at 21% APR.

Is the tax and penalty that will be due based on the ORIGINAL amount of the loan, or only the OUTSTANDING balance of the loan at the time I leave?

Outstanding loan as of today: around 168,000, and they are taking an additional depreciation every year.


So let's use 4 units rented cap rate of 6.36%.ROI 23.37% because there is zero money downAnnual Cash flow -9347 (-779 mo)If you were to hold it for 5 years and sell it you would make 21,380.Year 5 appreciation 690,000Year 5 Intrest paid 87,346 ; principal 68,225, outstanding balance 546,775. 

I've managed to find a couple of REALLY good deal but was not able to get funding quick if at all due to a lack of cash reserve (my own money) and the lack of experience, therefore, I've missed out on a couple of outstanding opportunities.Can anyone offer some advice or insight on such a situation?

I get some smaller businesses, but large companies (like cheesecake factory) are taking advantage of free money and not paying rent.By all means work with some individuals who can pay most of their rent and a plan to pay outstanding rent, but I'd ask for proof that they lost their jobs.