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Any California agents have an S-corporation to avoid self employment taxes? I heard in California, agents are not allowed to form LLC's to then elect S-corp status. Is this true?
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I am just getting started in real estate investing. I am looking for investment income in 12-15 years for retirement and I do not want to generate income currently. I currently have cash to invest and I just recentl...
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Hello,Where would you guys invest $500 a month into? I was thinking of getting me a whole life insurance policy that builds cash value, but then i was thinking if i should put that money into a ROTH IRA?I would love s...
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Hey guys;
I have seen a good amount of posts on the subject of buying rental/long term properties with a SD IRA. I apologize if this has already been covered (deployed right now and internet is slow, so I havent bee...
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Hello, My wife and I are just starting our journey towards owning investment properties and would love some advice on our current plan.First about us- I'm 32 years old, she's 33, and we have a 9 year old daughter. We...
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A few years ago, I went self-directed on my IRA and purchased investment property with it. So far so good. But, what can I expect when I reach retirement age? Will the IRS want to review my records, purchase history, ...
Hello. First post. I've been listening to the podcast/videos. I've recently begun realizing that my 401k will very likely be insufficient for retirement (I'm 37), so I'm searching for alternative investments. Instead ...
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Greetings to all:
I have spent some time reviewing and learning to navigate this site. I think it is awesome and really appreciate the points of view and valuable insights. I look forward to learning and helping out ...
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My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...