Rad Kunnath
Investing with After-tax or Pre-Tax Dollars ?
Dear All,Of late, I was thinking should I convert my Solo 401K trust(Pre-tax) to Roth IRA (Post-tax : 25%) and then use that money to invest in real estate. I did some basic calculations and found that I tend to gain ...
Doug Ringwelski
Solo 401k financing rules?
Hi, first post here... I've done several residential rental purchases in the past, but it was always with my own cash downpayments (cash I had readily on hand...). I've become more interested in the Solo 401k's as a...
Kevin Kaczmarek
Solo 401k
I posed this question in one of the groups, and wanted to get insight from the BP community as a whole to see what experiences people have had investing with a Solo 401k. Being able to contribute $46,000 to a retireme...
Rassan Sampson
Refinancing Rejection Due to Disability Insurance
I'm trying to refinance a property in Detroit with a conventional 30yr and the lender is on the verge of denying my application due to my DTI. For some reason they refused to use my annual salary to calculate my DTI ...
Nghi Le
Is S-Election Necessary for High W2 Salary
I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips. However, I've heard that you only need to pay high SE taxes up to $130k. If my W2 Salary is $130k+, then my ...
Daniel Dietz
What can be rolled into Solo401K - Either Regular or ROTH?
I have a little trouble understanding exactly what can be rolled into Solo401K accounts and am hoping for a little help here before taking the next step of actually setting up an account.What can a Traditional IRA be ...
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
Hello folks,I have had a Self Directed IRA at Equity Trust Company for a couple of years and highly recommend the company.As part of our retirement plan, my wife and acquired 4 investment properties as follows: 3 SFR...
Steven Molczyk
Retirement Account funded by Cash Flow
I have a few properties, definitely not considered active/earned income at this time, but is there any way to funnel my cash flow into a Roth investment vehicle (other than Roth IRA, I'm already funding a backdoor Rot...
Drew Dim
Spec Build - should LLC file under S-corp?
so I've filtered through the archives and didnt see an exact fit to my question so here goes.I have a lot that will have potentially 3 spec homes build on them. The 1st is under way and will be completed Jan/Feb of 20...
Jonathan Allen
Can I set up a 401(k) matching policy within my LLC?
Hi BP community - I wanted to know who has set up solo 401(k)s within their LLCs as a way to both reduce tax exposure and add to retirement savings? I'm looking for a way to reduce profits into year end and the con...