Not quite an investor question though personal savings will help with investment purchases…
Recently and due to personal circumstances, I submitted a resignation letter to my employer with an effective date in late M...
I'm in the process of screening an applicant and their previous landlord didn't give positive feedback. The previous landlord is asking me for the applicants current employer information. The applicant has jumped from...
I moved to USA 18 months ago from Canada. I am about to buy a house as first time home buyer in Charlotte NC. DCU said it usually they need 2 years of w2’s and their underwriting team will know if they approve or reje...
I know this topic has been beat to death but I cant seem to find answers to a few specific questions
1. With a solo 401k, you can borrow up to 50k on a tax deferred basis. Can you borrow this money for flips, keep th...
Hello BP friends!I am an investor living in California trying to utilize the BRRR strategy in Virginia. Specifically in the Lynchburg area. My reason for choosing Virginia is that I have family there and have helped f...
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
I am thinking about leveraging my 401K savings to invest in real estate. Does anyone have experience with that and would like to share their story? What are the pros and cons of doing that? Thanks!
I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
This is just a post about some things I learned about opening a self directed IRA.I recently opened a self directed IRA and transferred some after-tax money in my employer's 401k managed by Vanguard, to the self direc...
Hi, I'm newly self-employed (~6 months) after resigning my W2 job and starting a business. Been trying to purchase a single family home in California as primary residence. Due to Covid, most non-QM programs have dried...