I own a couple rental properties in a single member LLC. If I need to withdraw some owner's capital, which as far as I understand is not a taxable event, should I report it in Schedule E on tax return? If yes, how do ...
I am going to sell my home and buy a new one. After I sell my home, where should I temporarily keep the large amount of money (>$500k) until I buy the next home? Should I keep it in a high yield savings account?
Paying yourself through the llc
We are interested in self directed 401K information and we have questions about cashing out a pension or rolling it over. Has anyone dealt with a custodial account in the Seattle area? We would like to find someone th...
Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
Is it ever a good option to pull from your 401k to make a down payment?
Goal: Not working a W-2 job when I get out of the military in approx. 3 years. Problem: I have 2 investment properties, and no more cash. Solution: Liquidate TSP to buy investment properties? Does anyone have any expe...
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
I have a simple ira from previous employer that I am considering rolling into my 457 plan. I have been considering it for awhile but can't find the correct answers. On one of the Bigger Pockets Money podcasts a few...
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...