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Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
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Has anyone else here invested in syndications with Shared Estates Asset Fund? I'm curious about what others' experience has been like.I invested in a couple of crowdfunded syndications with them through the SmallChang...
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I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
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I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
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Question fellow investors... I’m in the Texas market. I’m placing my personal home for sell and downsizing as a empty nester. Plan to also leave my job and transfer my 401k to a self direct IRA. My question.. 1. I hav...
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Hello fellow biggerpocketers, We are reviewing our contract with our PM regarding termination fees. I found this section:12. FEES UPON TERMINATION: At the time this agreement ends, Owner must pay Broker:A. all amounts...
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Good day everyone. Id like to start off by saying I'm so happy for being apart of the worlds largest real estate investing community. Being surrounded by like minded individuals that strive for success keeps me motiva...
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One of my current tenant is behind on rent. They were injured on the job and have a pending worker's compensation claim. But they have not paid previous months in full and nothing for current month. I have doubts that...
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I've been reading a TON and asking lots of questions from people who've been in home repair circles. One gentleman heard my story about beginning in property investing and passed my name to a potential deal-of-a-lifet...
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My wife and I want to use our personal lines of credit to purchase a rental with cash. It seems like a perfect opportunity to use the BRRRR method. Our only fear or concern is in the refinance portion of the BRRRR. Bu...