I am trying to determine if it is a good idea to cash out an old 401k (55k) from a former employer to use to invest in additional properties.  Isn't the 10% penalty the same as a loan at 10%?

Greetings:
I am a small timer but I own three rental properties.  Currently, I have a CPA that I have been using a few years.  I am not an expert in this area, but it seems that I am the one that has to point out to ...

My LLC , basically my husband and myself, have been successfully flipping for a couple years using hard money. We have a property for sale now that we’d like to move into because we are renting where we live now and t...

My question is regarding reinvesting profits back into additional property acquisition. If the money stays in the LLC does it still get reported as income that I will need to claim on my personal income tax? Sorry ...

Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...

I will be selling a few rental properties in 2021 
Appreciation has been kind to melooking at approx $750,000 in profits 
besides 1031 any way to reinvest and delay paying the income tax on these sales?

I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...

Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use the...

Let's say a seller is going to be taxed on 100K capital gains.Would it be advantageous for them to accept a lower price (40K lower)and carry the note? Say over 20 years they would make an additional 130K on principal/...

I am looking at taking out a 401k loan to give me enough money to put the money down and fund the needed rehab on an off-market property.  The 401k loan max is $50,000, paid over 5 years, which is the amount I would p...