Mikki Kline
New to Real Estate investing!
25 October 2016 | 12 replies
I am converting my rollover IRA into a solo 401k, and am jumping into real estate investing.
Ryan Beasley
60-day IRA rollover option to fund deals
30 April 2016 | 3 replies
I'm just now beginning to learn about Real Estate Investing, so bare with my lack of knowledge.I just saw a BP article about tax deductions and using the 60-day IRA Rollover to fund Real estate deals.
Christopher Blanco
After the Offer is Accepted
4 November 2016 | 10 replies
What if the last day of the inspection period falls on a weekend or holiday, does it roll over to the next business day?)
Levi K.
Down Payment - Rollover IRA or HELOC
4 December 2013 | 11 replies
However, the rest of the down payment can come:1) HELOC (need to wait 30 days for a new limit)2) Rollover IRA (used to be 401k, after I left the old job, I have rolled the money to IRA and since then I don't contribute anything to the plan.)My questions are:A) Should I just withdraw the money from the IRA and pay the penalties and tax to IRS (one time deal).?
Rand Knutson
9 Bed 4 Bath House Rented by the Room!
11 February 2022 | 7 replies
We have set up a very efficient automation system with airbnb to make the guests' room rental experiences frictionless.
Sam Chainani
Zack Childress
25 October 2023 | 23 replies
Go meet them, explain your offer -- interest rates, time periods, terms -- potential exit closing "points" to them, in addition to interest -- automatic rollover within 30 days with a First Mortgage (First Trust Deed) in their name on any property purchased with their money.
Bradley Marion
Possible to grow without taking on debt?
2 February 2016 | 132 replies
@David Greene @Bradley MarionDave Ramsey would roll over in his grave, if he were dead, but I literally started with nothing, borrowed 100% for the first 11 properties that I bought and had a low paying job making $8,000 a year as a full time employee.
Peter Pierzchala
Managing utilities and vacancies
5 April 2022 | 2 replies
I have heard of the landlord getting stuck with the tenants past due bill if the landlord has auto rollover to their name so I don't risk that.
John Penola
401K for Down Payment
14 April 2021 | 23 replies
Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).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).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.
Franklyn Gutierrez
Is it worth pulling all money out of 401k to jump in buy/hold?
27 March 2019 | 5 replies
Certainly if your 401(k) plan is eligible for rollover, one solution would be to have the tax advantaged money stay tax advantaged by rolling it over into a self-directed IRA (or other plan) and buy the properties within the account.