@Malik SesayI think the fund admin is asking how much you want as withholding from your 401K distribution.If you ask for $50,000 from a 401k, the fund admin may be required to take out federal / state withholding.

Since most students have a whole lot of nothing from a financial perspective (nor is it expected), we always have a cosigner who is financially stable and has a solid credit score (normally a parent). 

Currently residing just west of Denver, my wife and I are educating ourselves as much as possible and hoping to create our first deal within the next year.We hope to create connections through this forum whether it be purely business or even personal connections leading to lifelong friendships as we are considering investing in Indiana (my wife was born/raised in Kokomo/Peru and her parents live in Washington) and hope that we can create a small team there in the near future.Hope to meet you all soon!

My fathers parents lived in one unit and his cousins parents lived in the other before passing it down. it is not separate condos and my sisters and I are the inheritors, my fathers wife has no children.

B & M are so lucky to you have you and your wife for parents!

I live in the Bay Area, Ca and I’m looking to move out of the area (and my parents home), to buy a multi family (3plex or 4plex) so I can house hack using a FHA loan (possibly 203k).

I don’t want to wait till Apr 2021 and pay a whole bunch of penalty for not withholding enough tax due to this capital gain.

So that I won’t be getting a big penalty for not withholding enough tax for this capital gain from foreign property sales.

My parents are also in OC and interested in real estate.

My parents passed away a few years ago and rent out the front house to pay the bills.