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5 October 2020 | 3 replies
Should I take money out of my 401k to help me buy a rental property if my job is matching what I contribute.
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1 October 2020 | 2 replies
I have money to contribute to hard money and/or conventional loan for a purchase.
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17 October 2020 | 32 replies
If I want to be charitable I will do something outside my business.
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4 October 2020 | 7 replies
Electrical is ungrounded as it was not required at the time the property was built.Plumbing:Galvanized Pipe used for distribution piping - my inspector says this can contribute to low pressure, rust colored water and may need to be replaced in the near future.The property still has the original cast iron drain pipes which have an average life expectancy of 40 to 50 years.
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5 October 2020 | 4 replies
. - it's honorable and may even be the right thing to do, depending on your values, however then you need to be very honest with yourself that you're acting from a charitable position, not business.
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4 October 2020 | 4 replies
Once the 1031 is complete your partner can contribute his TIC interest to your LLC in exchange for membership interest in the LLC.
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4 October 2020 | 1 reply
@Nathan Herdon BiggerPockets is a large community of real estate professionals that contribute to one another by sharing their experiences.
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4 October 2020 | 3 replies
Basically, all the things you mentioned such as how your paid, equity splits, job description, contribution, etc.Once you have a solid foundation, take it to an attorney who can build off that and cover things you may not have thought about.
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5 October 2020 | 3 replies
I have money in 3 buckets1) Roth IRA2) Traditional IRA3) Roth 401kNot sure which buckets your money is in, but the roth IRA you can withdraw all your contributions without penalty.
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28 October 2020 | 8 replies
Plus I helped a fellow human being, who is really a decent guy and very hard working, have a better quality of life.Sometimes choosing a charitable pathway is also a decent business decision.