Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (4,691+)
Nick Farrell I don't trust my Financial Advisor, what should I do?
2 July 2019 | 43 replies
They had it for several years, and we stressed that our goal is safety, preservation, not looking for spectacular returns, so far, they done that.The other major portfolio, I self manage, never turned it over to a financial advisor.
Account Closed Kiyosaki talk. Write off RE with business??
10 July 2019 | 41 replies
So from a wealth preservation standpoint, that's a really good deal compared to where else you might put the money, especially when you consider the cashflow and appreciation will also grow over time.
Deanne Bourne Prop 19 FORCING PROPERTY SALES
11 February 2024 | 9 replies
I will do whatever I can to quickly move ownership or whatever needs to be done to preserve the work of a lifetime which is my pension really bc it supports me now in my 70s as a rental.  
Adam E. North Charleston Neighborhoods
15 July 2019 | 14 replies
If the project is big enough, getting a historic preservation credit helps with costs like that, but requires a lot of red tape, which just isn’t worth it for smaller projects.
Lance Knapp Is Now a Good Time To Invest? (First Time Buyer in LA, CA)
4 April 2016 | 116 replies
Many who invest here are wealth preservers.
Cedar Wood When it's investor vs investor
13 September 2021 | 4 replies
@Cedar Wood So the adjacent property is for sale and you are considering buying it to preserve the views?
Alan Chau 401k
22 February 2018 | 9 replies
Therefore, if you want to continue to preserve the tax deferred growth of the 401k, you may want to consider transferring it to an IRA or a solo 401k, as both allow for investing in real estate.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company ( IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Yoochul C. After Tax Equity X 4
3 July 2018 | 5 replies
I believe the site you got the "After Tax Equity x 4" term is Asset Preservation Incorporated (https://apiexchange.com/capital-gain-tax-calculator/). 
Account Closed Parents use 1031 for a new property, but the child pays the new mortgage
18 February 2024 | 0 replies
Is it possible for them to add me (the child) to the title of the new CA house while preserving the 1031?
Angela Zaitz Garage Conversion/ Problem for rental?
7 January 2021 | 3 replies
There is a murphy bed along the wall and washer dryer in the corner to preserve the 9x19 space.