Drew Clements
Transitioning to Real Estate from Self-Employment (Non Real Estate)
Listening to podcasts and reading articles, etc. it's clear that investing in real estate while simultaneously holding a full-time job is possible and common. But I'd like to target this question to a more narrow popu...
Dan Fisher
Self Directed IRA Lesson Learned
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
Jacob D Adamczak
Invest in a company matched IRA or save for my first deal?
I am starting a new job and as one of the benefits, the company will match dollar for dollar up to 3% into an IRA. I was wondering if it was wise to take advantage of this program or collect my full paycheck without ...
Rachan M.
Solo 401k distribution question
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Sean H.
Full 1099 w/ S-Corp, do all employer contributions apply for me?
I saw something recently where the CARES act added in last year that an employer can contribute up to 5,250 each year until 2025 towards student loans, and the money becomes a full write off. My company is just me an...
Brenda Budzinski
Tenant Screening
Has anyone used a company called Rent Prep for tenant screenings?
Adrian Brown
Rental properties, LLCs, & S-Corps
I have rental properties in KS & TX and I use property management companies to run them, but I'm "active" since I materially participate and often make decisions regarding tenants, repairs, HOA notices, and major ...
Brian Henderson
401k and Roth IRA to buy rentals
Hey everyone, I'm trying to see if anyone could help me figure out if I'm able to use my 401k and Roth IRA to buy rental properties. I've tried to google these topics but didn't get much information. I'm 24 and have a...
Walt B Philip
Self owned management company - taxes
I’m in process of learning how rental properties tax deductions work. One item I see is properly management.
If I manage my own property, can I form a LLC as a property manager with myself as the employee? In essen...
Rich Hupper
Employee Vs Self Employed
Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...