Josh Longtin
IRA loan for SFR investment deal.
My wife and I have found the deal we have been waiting patiently for. Ultimately, we would like to use her IRA to fund the deal (flip). Has anyone had experience doing this? I am not familiar with the legality and ta...
Adam A.
Solo 401K real estate in Kind distribution
Greetings tax experts,I've had my Solo 401k Trust for about 4 years now which grew very fast buying rental properties. I also have other properties not in this trust. Now, I'm at a crossroad of selling my sponsored LL...
Zachary Bellinghausen
401k Swap to Self-Directed 401k
I am wanting to transfer my 401k to a self directed 401k. I am having issue finding a CPA who is well versed in all the nuances involved in this. Any BP members who know of a Central Florida CPA who is a pro at real e...
Gardi A.
Solo 401k
hello all my name is gardi and i'm new to Biggerpockets and had a question about Solo401k.1) can you fund it on a monthly basis. so once i set it up can it be funded monthly similar to a regular 401k or no?2) is it ru...
Stuart Cairns
Comparing SDIRA Companies
I am seeing 3 companies offering SDIRA services. I see CAMA Plan, Equity and Quest. What are the defining factors that I should be considering when transferring 401k rollover funds to 1 of the companies.The questions ...
Jason Hokaj
I own Rental properties; continue to max out IRA/401K?
Hello, I'm 47 and I'm almost 2 years into my REI journey - which was initially funded thru savings. My goal is to use REI for passive income for retirement. I currently own 5 properties; all but one are cashflowin...
Max Voz
Residential property as Property held for investment
Hello,
I reside in the Bay Area and currently, I do not own any domestic real estate properties. However, I have a home in a foreign country, for which I took out a loan to finance the purchase. If I categorize this ...
Sam Gergley
Help!! - Cash out my wife 401k for Duplex?
Hello,Here is my idea, is it a good one?My wife is starting a new job and we are discussing options in regards to what to do with her current 401k that is worth $16,000.Our plan is to use whats left after income tax a...
John Cicilioni
Collecting Rent from The Unbanked
Hello,We own 43 doors, mostly class C. I've read every thread and article I could find about how to efficiently collect rent. Many of our tenants do not have a bank account, none of them have any savings to speak of...
Anthony Kondor
How can I get the downpayment
How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.