7 June 2016 | 11 replies
Account ClosedAs I noted, an IRA or Solo 401k may use mortgages.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/843234/small_1621504322-avatar-tylerf47.jpg?twic=v1/output=image&v=2)
9 August 2017 | 6 replies
After you have completed several deals, you can look at a S-Corps which may help you reduce your taxes, by breaking your income down into categories other than earned income.Using the more traditional approach to tax reduction, you might contribute to an IRA or another type of retirement account depending upon your adjusted gross income for the tax year.Still, great job on getting your first flip.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2166196/small_1680300485-avatar-tommym64.jpg?twic=v1/output=image&v=2)
9 November 2021 | 5 replies
@Tommy MckeownI threw all my extra $ into our Roth IRAs while I was saving cash.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/785235/small_1694699909-avatar-bridgetter2.jpg?twic=v1/output=image&v=2)
13 June 2017 | 10 replies
Hello Everyone.I had 30,000 in a Roth IRA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1029954/small_1621507781-avatar-stevew175.jpg?twic=v1/output=image&v=2)
1 May 2018 | 62 replies
Don't invest in IRA or 401K and attack this debt and make it gone in the next 12-15 months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1873163/small_1621516305-avatar-davidg966.jpg?twic=v1/output=image&v=2)
31 May 2023 | 2 replies
Hello all,I am looking to create a checkbook LLC to start investing in tax deed auctions within my Self Directed Roth IRA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2710862/small_1703773031-avatar-hyeseong.jpg?twic=v1/output=image&v=2)
24 January 2024 | 8 replies
You can use another account 401K, IRA, but it would make sense to open up a bank account so you have a checking account.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1271071/small_1621510854-avatar-sethb60.jpg?twic=v1/output=image&v=2)
24 January 2019 | 10 replies
Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
6 October 2022 | 4 replies
I'm self employed and currently have 401ks and IRAs at a financial institution.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1227228/small_1621510423-avatar-kylem297.jpg?twic=v1/output=image&v=2)
12 January 2019 | 9 replies
Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro