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14 March 2017 | 4 replies
I am wrestling with the choice of saving up for my primary residence, which will take time, versus starting to invest now.
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15 March 2017 | 25 replies
The choice is all yours.
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16 March 2017 | 4 replies
Sufficient insurance coverage is also important and is essential for those with assets at risk, esp. if not forming an LLC.
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14 March 2017 | 2 replies
Make sure to build a sufficient safety net of cash to fall on at any given time.
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15 March 2017 | 10 replies
So if there is not active business inside of the LLC or if the LLC just holds rentals - that is not sufficient to establish a Solo 401k plan.
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15 March 2017 | 5 replies
If you are trying to use profits for other means then keeping the house in the 401(k) might not be the right choice for you.You can certainly cash out these plans now, take the tax hit and invest in real estate.
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16 March 2017 | 6 replies
With that being said, I would choose FL over OH (since those are the 2 choices you gave).
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16 March 2017 | 27 replies
Naveen Kumar Ignoring PM choices, which I recommend if don't have any experience being a landlord, you can't really BRRRR a condo.Condos have a price uniformity to them as long as they aren't foreclosed.
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16 March 2017 | 1 reply
@Gabriel Floyd, you've got a few choices but none are ideal.Your gain is roughly 50K plus a lot of depreciation recapture (maybe another 40K to be recaptured).
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22 March 2017 | 3 replies
I know what the responsible choice is but it's just going to be a rental property so I'm sure it doesn't matter all that much.