Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...
Hi all,As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can some...
I am looking for financial tips for my particular situation.... I am a firefighter and also a self employed business owner. I work full time as a firefighter in Miami working my normal 24hrs on, 48hrs off. I also work...
Hello
This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the...
My company was just bought out and the merge took place on July 1. My 401k has been frozen where I cannot do anything with it as of rite now. I am looking for a firm or someone to talk to about investing that 401k int...
Hi Everyone.
Just want to get some opinions from you all.
What do you guys think of withdrawing money from other forms of investment and adding more rentals at this time?
Have any of you done anything like this?
W...
Hey Everyone ! Just want others opinion on this If you have 500k , what would you invest in to generate good cash flow ? Stocks , multi family , other creative investments ? Preferably 10-20% return A quick summary o...
What are best SD IRA's for real estate investing? And why only $7k per year max limit for over 50 year olds? Seems a tiny amount
Hello BP,My brother wants to be a private lender to my real estate business and wants to use his Roth IRA money to do it. He lives in Des Moines, so I was trying to find him a local self directed IRA for him to roll ...
Hello BP,I am in need of any advice that can be given regarding spending less money from my proceeds to the IRS. I have a double closing scheduled just before the new year. I would rather not see my profits taken so I...