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27 December 2024 | 3 replies
The way I'm looking at it, if my spouse and I only do employer matching for the 10 years we would have more than enough in there and still 10 years out from being able to access it.I do plan on doing 401k loans for deals if the numbers check out, and I've considered rolling over some of our 401ks into roth IRAs to access our contributions but we'd have to pay taxes out of pocket (a big hit to cash flow) and we couldn't touch it for 5 years.
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19 December 2024 | 50 replies
However, good asset protection planning starts before one has significant assets to protect.
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3 January 2025 | 18 replies
I would consider selling if you have lived in the home the past 2 / 5 years since you have a decent amount of tax free equity in there but as long as you have a plan to reinvest those funds.By your numbers, since you have an amazing rate and high rents, I would consider renting it out if you believe your area will continue to grow in value.
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26 December 2024 | 14 replies
The sellers plans to exchange will not affect you or the terms of the sale.
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26 December 2024 | 4 replies
How long are you planning to do this approach?
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25 December 2024 | 3 replies
Sometimes the tenants plan on paying a month's rent at two places to allow a less-hectic move.
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26 December 2024 | 5 replies
When you are getting into raising big dollars from sophisticated investors they are going to want to see a track record and a well thought out and detailed business plan.
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22 December 2024 | 8 replies
Best wishes on your plans!
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11 December 2024 | 1 reply
Got divorced at that time which threw a wrench into plans so rental was put on a backburner.
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21 December 2024 | 10 replies
I am considering moving back as I have family there and if so would plan to look for fix-n-flips to invest in.