Carter Bushman
Wholesaling and taxes
Hey all,
I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...
Gary Dezoysa
Cash purchase vs waiting 2 years vs creative options
Hi everyone,I wanted to ask what my best option might be for my first investment house in Toledo. I am out of area.- A cash purchase on a 65k house would take about 1 year for me to save for- Conventional financing wi...
Chris Mackey
Properly Analyzing a Market
What demographics and statistics do you look at before investing in a market? Ie. population growth rate, income to rent ratio, vacancy rates, etc.What ratios and percentages do you require in the above or any other d...
Suzanna Lam
Solo 401k and S election
I just recently open a solo 401k for my business (single member LLC with me and my hubby being the members) with me being the trustee. So I am in control of my checkbook. So far so good.
My understanding is that ...
Steve Shaffer
CARES Act 401K to Self Directed IRA Hack
Hello all! I am a multifamily investor in Fargo, ND and was looking at some of the CARES act provisions regarding the 401k withdrawal (not loan). I was reviewing the docs from my custodian and that led me to the act...
Crimilda Torres
i am being evicted what can i do
my husband gained employment for an apartment complex which included a discount on our rent here in sonoma county a year ago in august. he decided to seek employment elsewhere. When he gave his notice that he would be...
Kristen Chapin
Solo 401K and purchasing property with it?
Can you use a Solo 401K to purchase a flip property as long as it is paid back? I saw the max loan was $50K but that was for a loan and was unsure if you can use all the money available to purchase a property? I am s...
Edwin W.
re: FHA Loan
Hello,I have been going to school full-time for the last 2 years. And I have about $20,000 in my IRA and credit score of 638. Can someone get approved for an FHA loan to buy a duplex, but has no work history for the l...
Jon Satchwell
Loan Qualification with an S Corp
I am interesting in buying more rental properties, but I recently switched jobs so I’m no longer on a W2. I now have an S corporation where I am required to pay myself on a W2. Instead of waiting 2 years, I’m wonderin...
Peter Tavolacci
Rolling 401(k) into a Solo(k) to invest in investment properties?
Hello Team - Can I roll my existing 401(k) into a solo(k) without any tax penalties or other disadvantages and then use it to invest in real estate? If so, how do I do that? Essentially I would like to invest my 401(k...