Jered Sturm
Dear The 1%, The Wealthy, and The financially Successful:
Dear The 1%, The wealthy, and The financially successful:I am not someone who enjoys politics or follows politics in detail. My reason for that is because it seems to me that politics is more often than not, about pro...
Darren P.
I own 4 properties, no debt, no credit, no loan...no BRRR ! HELP
I am a Canadian/American dual citizen.
I have VERY good credit in Canada.
I have NO credit in the USA.
I have great income in Canada and no debt.
I have no income in the US other than recent rent revenue from ...
Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Melanie Baldridge
One of the best strategies is this
If you think about your career and your journey to build wealth over a long time horizon, this is still the strategy that I like most:
1. Start a business that produces cashflow.
2. Use your personal cashflow to buy...
Phillip R.
Should I Reduce 401K Contributions to Save for Real Estate Investment Property?
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
Cynthia Harrison
Which is better for an LLC a S Corp or C Corp?
Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....
Steve Smith
MTR requests over thinking it?
I have a Airbnb with a 30 day stay min. due to HOA restrictions. I have been renting out since January of this year with an average stay of 85 days. My current tenant checks out in August 15th.
I just received a ...
Corey Dutton
Low Down Payment Requirements of FHA Loans Triggers Criticism
With only a 3.5% down payment and a 580 minimum credit score requirement, many critics believe FHA loans are encouraging another crisis. In the U.K. and in Germany for example, home ownership is only for those who can...
Nick Peraino
401K Loans and Refinancing
I am considering taking a loan from a 401k for my first REI. I will be joint venturing with an experienced partner if I do so.
My question right now is:
Should I keep my 401k with Edward Jones or move it to somewh...
Mark Smith
Should I Kill My 401k?
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...