Jonathan Ward
Selling property... Sister can't report sale to IRS this year.
1 April 2021 | 5 replies
They can also use the funds to contribute to 401(k)s and HSAs to reduce their income and the taxes on the sale of the property.
Jay Hinrichs
how do you switch back to the old format this facebook look sucks
15 April 2021 | 45 replies
And please you have to bring back the go to last post or whatever it was called button ASAP it is really a challenge to follow a thread that was heavily contributed to.
Stanley Tong
Lending for a First Live in Home with Large Renovations Needed
22 April 2021 | 16 replies
I never knew that, but it opens some more doors too.Thank all of you for contributing!
Reuben L.
Prior Year (2020) HSA Contributions after Filling Taxes in 2021
16 April 2021 | 3 replies
I have an HSA through my employer and I would like to do an out pocket contribution this year (2021) to make up for not hitting the max limit for last year (2020).
Raymond Navarro
Landlord is using water I pay for in California.
23 September 2020 | 11 replies
I tried to rectify this with the property management company, explicitly stating that I do not agree with the monthly contribution arrangement.
Carlos Gaviria
How to estimate the value of my hustle in a BRRR deal as a newbie
21 September 2020 | 0 replies
They'll put around $100K while I'll be contributing around $20K.
Justin Sheppard
Introducing Myself to The BP Forum!
24 September 2020 | 6 replies
Now here I am, ready to take it all in and hopefully contribute back to this community as much as I have received already via the podcast.Look forward to learning great things with you all, and ultimately witnessing the success of all involved here.Justin
Joshua Cochran
401K to buy rentals for the purpose of retirement.
28 September 2020 | 8 replies
In that case, the plan won't allow you to invest in real estate (or even rollover contributions to another retirement plan that would until you quit your job).2) If the plan allows you to take a 401k loan, that might be one option to access funds to invest in real estate (i.e. you would borrow the funds and then purchase in your own name or an entity that you own personally).Here are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.
Carol Birnberg
Contract requirements when partnering
31 December 2020 | 5 replies
The OA would detail all the big ticket items in the partnership (capital contributions, profit splits, liabilities, etc).
Simon Obas
Having a moral dilemma
25 September 2020 | 52 replies
I didn’t pursue her to pay her past rent because I realized that I contributed to the problem by letting her rent the place in the first place.