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 ...
Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so t...
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Brand spanking new minus the spanking part. Will post something when I get a real feel for what I'm doing here.
Hi - I'm wondering how to think about valuing cash from an LP in a deal. For a simple example:Two GPs of an LLC find a deal for a $100k property, and get a loan for $80k.They want to use other people's money for the ...
Hi,
A friend and I are going to start a real estate flipping LLC, he's done 100s and owns a larger GC compan, I'm newer to it. We are beginning by contributing 100K each and future capital contributions will be 50/5...
I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
Hello BP members,
My name is Ed Stelle, new to the bigger podcast forms have been listening to the podcast and want to connect with people with like minds. I don’t have many friends or family that invest in real esta...