Has anyone put profit from a flip straight into a Solo401k? Since it is considered active income? Would this be an acceptable way to not pay taxes on that income?

I am a new 1099 employee working part-time through a contracting company.  They pay me directly as an individual.  In order to minimize my taxable income, I would like to contribute to a SEP-IRA.  Does anyone have exp...

What are the rules for contributing a property into an LLC after the transaction is complete? I have a rental property that I will be selling that is owned personally. I will be exchanging this for another property th...

I'm in a development project with someone. We bought the property together. It's his project, his name is on the mortgage and what not, but I gave the money for the down payment and it's every intention for us to do a...

Hi, my husband and I are 2 members of an LLC (treated as a partnership).  We decided that it's easier to buy a rental property using cash instead of trying to find a mortgage under the LLC name.  We have some cash sav...

Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...

Hello BP!Fairly new to real estate investing, just bought a condo this past year with my girlfriend (and not looking forward to doing my taxes) and am currently in the "save money for additional investment while I lea...

I heard you can withdraw your own contribution from Roth 401K any time without tax or penalty, since it's after-tax money on the contribution. Is it a relatively easy process? What does that entail? Do i have to roll ...

I was talking to a conventional lender who is telling me there is a law stating that a seller can only contribute up to 2% of the purchase price towards the closing cost. Ex: $100,000 purchase price= a limit of $20...