I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I pu...
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...
Here is an article that I thought I would share. Being a realtor in SF. The question of are we in a bubble comes up and now and then. I found the article spot on. I do not see any downturn happening for at least 3-4 y...
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...
I'm 56 and would like to retire from my job as a nurse below the standard 65y/o. Have a house with $229k loan with roughly $100k equity & 300k trapped in a 401k. Seems like rental income would help but AM I TOO OL...
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
I started wholesaling this year under an LLC. I've been setting aside a percentage of my wholesale checks specifically for tax purposes. I'm also a w-2 earner, being employed by the US Military, which makes me a part-...
I have read a lot but am still unsure. I live in California, investing in Florida. Which state to register LLC in?I will be flip and sell and flip and hold. I have a regular w2 day job making 90k.How will LLC help my...
Hello everyone, I hope you're all having a great day.
So I'll quickly describe my situation. I have a job that I love. The pay is good, the benefits for my family are great and I generally like going to work in the m...
Hello BiggerPockets community,I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year ago...