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We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...
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I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
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Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
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So I've been sitting on $45k of cash in my Roth for some time now, and I can no longer make contributions due to IRS limitations. I'm wary of sticking it into the stock market like I did since I graduated college in ...
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Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
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I found this deal at a local REIA meeting. A realtor/wholesaler/investor had a single-family, 725 square foot, asbestos-siding, wood frame, house in a C/C- area four houses down from a major intersection that proba...
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Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing. I'd love to use this mone...
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Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...