Natalie Wells
Investing with your 401k
26 February 2020 | 4 replies
Self-directed IRAIf you are self-employed with no w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.
J Val
Looking to Network With Other Investors
3 March 2020 | 20 replies
Sometimes the higher price points actually pencil out better because the gross income outweighs the costs, it's about advantages at scale.
Daniel Selnes
Is my property manager right?
2 March 2020 | 21 replies
It has a reverse floor plan (kitchen and living area on second story to take advantage of view, which is now somewhat obscured) Current rent is 3,450.
Adam Johnson
Maui ADU Permits for Ohana
2 March 2020 | 2 replies
I am interested to see how that progresses as Rural parcels offer the most opportunity to take advantage of this legislation.
Angelo Smith
New investor information
29 February 2020 | 1 reply
I've found that this isn't as big of an advantage as it used to be.
Anthony Cross
Tax Accountant Help!
29 February 2020 | 0 replies
I also now own 4 rental properties and want to make sure I'm taking advantage of all the tax benefits possible, as I've had significant travel and expenses related to improving a fixer-upper.
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
7 March 2020 | 3 replies
Self-directed 401k has several advantages over an IRA (significantly higher contribution limit, checkbook control, ability to take personal loan from your account tax -free, Roth sub-account, cost-efficient and more) but it is not for everyone.
David West
Short-Sighted or Prudent? Is it time to sell?
1 March 2020 | 20 replies
You may be able to take advantage of developer bonuses which would allow you create more units than you think.
Robert Palladino
Purchasing property with a HELOC
1 March 2020 | 11 replies
Future real estate acquisitions may require additional required reserves funding on previously purchased properties so as to take into account increased PITI payments... thereby minimizing current advantages of lower rates/fees via HELOC funding.4.
Deja Johnson
New wholesaler Buffalo Ny
1 March 2020 | 2 replies
I think I am at a disadvantage because I am a young female and sellers question if I know what I’m talking about...Anywho, I am determined to stay persistent.