Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Yeah, they hit Quest with an order (with which Quest was complying before being sold) – after Q had stepped back.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
I'm living and investing in northern Spain and there are plenty of flip deals that work for me even with taxes.
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Also, this would only remove the mortgage debt itself from your DTI if it was to work; you would still be hit with a liability for the annual taxes, insurance, and HOA fees (but also receive the benefit of the rental income).
Stephanie Medina
How to leverage 401k accounts
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.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
Prices are low and they hit the bottom during the real estate crash.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
I’ve hit my financial goal and can quit buying houses. 2025 goal: pay off my last two 401k loans I used to buy a couple houses and enjoy a second home we just bought for ourselves in November.
Mike Figueroa
Best strategy to scale my investments
31 December 2024 | 15 replies
2021 hit and that is when I became financially free and was able to retire from teaching at 55 yrs old.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Pick the amount of income you want real estate to provide you, and buy the amount of units you'd need, such that if they were paid off, you'd hit your goal.
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
A few to be aware of as examples…Capital gains… you probably know they are either 15 or 20% (and in rare instances zero if you have no income)… but have you heard of NIIT (Net Investment Income Tax)… this is an extra 3.8% tax you get hit with when your gains are over $250,000 in a year.