
10 March 2025 | 9 replies
So, if I withdraw $60K, about 75.24% of that should come from contributions (since that’s how my balance is structured).75.24% of $60K = $45,014 → Comes from contributions (no tax or penalty)22.38% of $60K = $13,428 → Comes from earnings (subject to taxes & penalty)Taxes & Penalty on the Earnings Portion ($13.4K)Federal Income Tax (24%) → $3,219Early Withdrawal Penalty (10%) → $1,342Total Tax & Penalty: $4,562Net Cash After Taxes and Penalty Fee: $55,437The DilemmaIf I leave the money in my Roth 401(k), continue contributing $525/month, and earn 8% annually, my balance could grow to:$229,865 in 10 years$606,905 in 20 yearsBut if I buy the property, it could generate $15.6K/year in pure cash flow, plus appreciation.

6 March 2025 | 10 replies
@Andrew Self lack of two years of employment history is not a deal breaker depending on what you were doing prior to starting your salary job.
28 February 2025 | 4 replies
Can someone explain the advantages of having (LLC #B) taxed as an S-Corp as I am told only my “reasonable salary” paid out from (LLC #B) would be subject to self employment taxes.I.e., I earn $200K through commissions through LLC #B.

27 February 2025 | 2 replies
Since returns won't be as good, you will need several million dollars deployed to meet a $300k salary. 3) A hybrid of active and passive.

25 February 2025 | 7 replies
I’m having a hard time finding a 55k+ salary job.

7 March 2025 | 7 replies
They typically have a lot on their plate and will hire on a salary as it is cheaper than offering commissions in some markets.

12 March 2025 | 38 replies
. ;-) And I believe FBI agents salaries are somewhat higher than Walmart salaries.

11 March 2025 | 29 replies
Plus, the rental income is covering the mortgage payments on most of them, which helps keep the cash flow balanced.Now, I'm looking to expand into the US residential real estate market.

11 March 2025 | 6 replies
It may be worth letting them know about the prequalification requirements (credit score over xxx, salary above xx,ooo/year, etc.) in advance to weed people out.

7 March 2025 | 9 replies
My W-2 salary job allows me to save large amounts and my brokerage I gross about 55-65 consistently.