So I had a SEP IRA from my other company that sat stagnate since we went to S-CORP (this business is not a real estate business its my other business). I recently moved the SEP IRA to a SDIRA with Trust/LLC and now ha...
I have a question on borrowing from ones 401k:
When I borrow say 50k from my 401k and pay it back do I lose my position I originally had in my investment? In other words say I owned 2000 shares XYZ fund at 24.00 per ...
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
Hello, I conducted an extensive search but could not find the best answer on structuring a private money loan for a fix and flip property, that minimizes the taxes for the Private money lender. Essentially one investo...
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Hey there! As a CPA and former tax accountant, I wanted to share some tips with you on how to make the most of your real estate investments this tax season. There are a few key benefits you should know about that can ...
So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...
Hi fellow BP'ers! So My husband and I are at the very beginning stages of getting our investing career going! We just created an LLC to flip and wholesale out of. We don't need any of the money we will be making fr...
Joined today...thanks!My hubby and I have owned our own plumbing co for 33 years.... but the expectations are getting old. Everything seems to be an emergency and folks seem to think we're sitting at home, waiting for...
Which will make you richer: real estate vs. stocks? We brought the fine folks from The Motley Fool on the podcast to get into a serious debate over which asset makes you more money, which is easier to invest in, and w...