Ryan Plesz
Aetna, Cigna & The Hartford Effects on Rentals if they Leave?
I am just wondering if anyone has thought of the ramifications to the rental market should one, two or possibly 3 of these (Aetna, Cigna, The Hartford) major employers leave the state of CT? I am looking at rental pro...
Jonathan Allen
Can I set up a 401(k) matching policy within my LLC?
Hi BP community - I wanted to know who has set up solo 401(k)s within their LLCs as a way to both reduce tax exposure and add to retirement savings? I'm looking for a way to reduce profits into year end and the con...
Meg Schlesman
Solo 401k/SDIRA question
Good morning, We have an old pension that is offering a lump sum payment option (approx 50k). Is it possible to roll into a solo 401k and use that money to fund down payment for 2 investment properties? I assume we...
Andrew Daigle
Rollover 401k into SDIRA and House Hack?
How can I use an SDIRA to invest in a property that I or my business is able to use? My assumption is this is not an option. Any other ways to look at this problem and fund real estate investment that I can use from a...
Dylan Ainsworth
Investing in real estate
Hey all! Needing some tips and options that could be explored in my unique situation. I have about 500k in capital to use, but the problem I'm having is getting loans because I'm only 24 with no previous work experien...
Amber Turner
HELOCs on 2nd/Investments to Fund Primary Renovation?
I own 6 properties (5 in Nashville, 1 in Georgia) of which 4 have appreciated considerably. My husband is a W-2 employee, I am a 1099. We recently purchased a historic home as our primary and are planning to both reno...
Benjamin Sol Ignacio
W2 --> 1099 : Real Estate Professional - Tax Status - Does it make sense?
Good Morning!I currently work in Land Development as a W2 employee making $200k+ a year. I had spoken with my previous CPA about possibly becoming a 1099 for my current employer to achieve Real Estate Professional sta...
Pedro Guillen
Should you wire earnest money to escrow before you have deal
Hello bigger pockets community,I’m working with a wholesaling company and one of their strategies is to have their cash buyers lined up ready to go under contract on the day they find deals. My question is should you...
Lucas Pfaff
Estimating Software Help
Does anyone have experience with using an estimating software package to develop rehab costs? Specifically, does anyone have experience with XactRemodel or Xactimate?Assuming you have experience with one of these soft...
Sachin H.
Power of Attorney to Realtor to buy on my behalf
Hi Guys,I'm buying my first investment property in Atlanta and the lender wants me to either give power of attorney to someone or be there in person. I'm thinking of giving limited power of attorney (Only to buy on m...