Jay Y.
Goals for 2013
I definitely want to make good progress this year. What can I say, I've been bit by the real estate bug and it's addicting! Here's what I'm planning to do to reach my goals (save downpayment for #3, maybe #4 if I'm lu...
Daniel Dietz
UDFI Difference in Loan vs Partnership?
Hello All, I have been using SDIRA and SOLO401Ks for some time and understand when *I* have to pay taxes related to borrowing money. Where I have a questions now is that I have a potential 'investor' who might be inte...
Georges Martin
Minimum $ amount to open a Solo 401K?
I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific. It's not much, but I'd like to put that money to better use by buying a rent...
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Patrick Shep
End of year tax strategies?
What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions). I've read a lot of people will buy a property as an STR, put it into service then do a cost seg. I'm looking to...
Frank Gallinelli
Hello to all from a not-so-new new guy
Hello Everyone -
I'm brand new to your forum. I just discovered it and it looks to be one of the few really good ones. I've seen some excellent questions and thoughtful answers in my one day of poking around here.
...
Alan McCracken
Advice on re-directing 401k to investment in real estate
My wife and I currently maximize contributions to our employers 401K plans investing $30K per year above the amount needed for employer matches. I'd like to re-direct this money to invest in rentals rather then mutua...
Eric Rasmussen
Now in Huntsville, Movin' to Indy!
Hey everyone,
I feel like I've been a ghost here for the last 3 years and finally decided to take the plunge. I realized that I was benefitting a lot from this site but never contributing. Sometimes, I would even a...
Account Closed
Multiple buyers one deal
My family and I are investing into a home for my parents. What are our options as far as multiple buyers on a real estate deal are? Could we do a portfolio loan where we all pool in equal shares of the required down p...
Larry Flanagan
Reduce income tax bill
Besides making less money, what are some good ways to reduce my income tax bills? I mostly flip & wholesale, so my income is primarily taxed at short term rates. Between state & federal last year my tax bill...