Erik Gundersen
Investing without a W2
14 July 2021 | 5 replies
If you need a loan that won't take into account your income there are two that come to mind, Non-QM DSCR and Bank statement loans.A Bank statement loan is used primarily for a self-employed and will require 12-24 months of business or personal bank statements.
Lorinda Fields
Funding a Solo 401k
22 July 2021 | 7 replies
I have heard that paying these taxes is a requirment to fund a solo 401k.When you get 1099 income, you will pay self-employment taxes (or FICA) with your tax return.
Jayden Hamilton
Something my grandfather always told me
14 July 2021 | 7 replies
Here's the dilemma, my grandfather was a self-made millionaire, not a big-time millionaire, but probably a net worth of a 7-10million.
Billy Borus
Metro Atlanta PM Company Recommendations
15 July 2021 | 6 replies
I originally wanted to self-manage (at least to start), but there are a lot of changes going on in my and my fiance's life, and I would rather hire a property management company now.
Michael McCloud
Cash Out Retirement 401K Early
16 February 2022 | 14 replies
I have been self directing 50% of my account for about 3 years and grew it over 500%.
Jayden Hamilton
Whats been your guys favorite type of investment vehicle
19 July 2021 | 3 replies
Apartment buildings, single-family homes, duplex, triplex, fourplex, condos, RV and boat storage, Self-storage, etc...
Brandon Palmer
Multiple applications? Which to choose?
14 July 2021 | 2 replies
(I would love to raise rent on all the applicants but that seems uncool).Group a: couple with 3 kids, self employed but sufficient income, just sold house, wants to pay year in advance.
Joe Young
TIME TO CASH OUT? Our dillema.... OPINIONS!?
21 October 2021 | 39 replies
Accountant said there still might be time lolThe 440 I owe was from a cash out… could have done more but could only use my w2 income (less than half my self employment income)If I add her to the house we have another 6 figure income for DTIcould pull out another 3-400 or HELOC for some short term money.
Costin I.
Multifamily and Cost Segregation Studies
15 July 2021 | 9 replies
And then, if invested within a self-directed IRA, one can't take advantage of this depreciation.
Peter Pettersson
Looking for a handyman
14 July 2021 | 4 replies
Have a triplex in Long Beach, self managed, need a new handyman ASAP.