Jeremy Zindel
Deduct charitable contributions on a Schedule E (or C)?
First off, I know this is a very specific question to my circumstances and I already have an appointment with a CPA to ask this and many other questions but I wanted to get a feel from anyone in the BP community who m...
Ricky R.
Fund a SOLO401K / SDIRA with full time job contributions?
Hi BP, So I can't find much info on this but is there anyway to use my employee contributions from my normal full time w2 job to fund a SOLO 401k or SD IRA under my REI LLC umbrella? If not by funding directly, can I...
Spencer Barlow
New Agent Seeking to Contribute to Strong Carlsbad Team
I originally got into real estate as an investor, picking up a short-term rental property in San Diego and Ensenada. I'm still moving forward with investing plans but became so passionate about the retail side of real...
Shera Gregory
Contributing 100% of salary to SD 401k as ROTH
I have a SD 401k which has an LLC as the plan sponsor. I take distributions from the LLC as the single member. I want to start putting 100% of my distribution into the 401k as a ROTH contribution. If my normal distrib...
Justin B.
Lender: "Seller can't contribute more than 2% towards closing..."
So I'm buying my first rental property (actually closing this afternoon, :)!! ) and my lender tells me last week that the underwriter has approved the loan, however, because of the loan amount and it being an investme...
Nathan Haws
Significant contributing factors to SFH appraisal values in Cbus
What have you found to be the most significant contributing factors to a SFH's appraisal value in Columbus? Square ft/# of bedrooms & bathrooms/proximity to.../condition of the home/school district/etc.?Are these ...
Laleh Omaraie
Contribute to 457b (Employer Match) or Save for Downpayment?
I'm a teacher. Every month some of my paycheck goes towards mandatory retirement contributions. I can't opt out of contributing entirely, but I currently contribute to an optional hybrid 457b defined contribution plan...
Pierre E.
STR tax loss - effect on 401k contributions from Depreciation
Could deducting real estate losses against your earned income affect the amount of income you can place into a 401k or Solo 401k? Example: if you claim REPS status or you use the STR active status to deduct a total of...
Chris Fore
Double Taxation on ROTH IRA contributions for down payment
I have a solid ROTH IRA and I was interested in using some of the contributions as the down payment on a property. That money has already been taxed (as per the definition of a ROTH IRA). However, once that money ge...
Bill Hampton
IRS Announces 2018 Pension Plan Limits; 401k Contribution Limits
IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for...