I hope my subject line doesn't deter responses, but I felt it was the most appropriate. I was laid off from my job a few weeks ago and have been trying to come up with ideas about how to use this time off between jobs...

Hello everyone, I have been busy learning from these forums and decided that it was time to create my first post. I have questions regarding the Solo 401K and starting a small business. Here goes:

Where I a...

I just happened to watch a youtube video where they interview woman who earn different salaries and ask them what they are saving for.  One who is a mortgage broker was listed as earning 692k.  Is this an exceptional ...

When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...

For along time now I have been putting money into my Roth IRA every year.  I was wondering if it would be better to take what money I would put into an IRA and just add that to the money I invest in real estate.  The ...

I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...

First post! I just bought a townhouse 2 bed, 2 1/2 bath. Bought for 55k. I took a 45k personal loan at 36mth at 12.12%. Renter in place at 850 a month. Pays all utilities. I can pay off the loan in 11 months. I can al...

From Universal Press Service.(did anyone see this?)
A December USA TODAY anaylysis revealed that during the first 18 months of the recent resession, beginning December 2007, the number of federal employees with six...

Hi BP community - I wanted to know who has set up solo 401(k)s within their LLCs as a way to both reduce tax exposure and add to retirement savings?    I'm looking for a way to reduce profits into year end and the con...

I don’t see a clear answer to this on the forums.  I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.”  What does this mean?  How do you make sure that you ...