Manraj Singh
Negative Cash Flow : Tax Offset
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
Jesse Hodges
put cash into Rental Property or Roth IRA?
For the last few years, I have been maxing out both my wife's and my annual roth IRA contributions with savings from work. I am in my late twenties and think of our IRA as more of a bonus later in life then what I am ...
Rafael Floresta
Bought 175k condo in 2011, neighbor closed today for 285k. Refi or sell?
August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...
Branden Cunningham
Newbie in Tewksbury, Massachusetts.
Hi all, My name is Branden Cunningham, I'm a Michigander who's been transplanted to Massachusetts for the time being. I am a recent college grad and now Air Force Officer. Now that I've got an income, I want to find a...
Jay Helms
Time to re-invest in a 401K?
Some time ago, I stopped contributing to my day job's 401k. I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...
AJ Smith
Solo 401k Eligibility
I have done some searching on solo 401k eligibility, I have a couple main questions. For context, i own several small multifamily units that i self manage without employees and am interested in tapping into the tax in...
Kathleen Amundsen
Should I invest in rental properties with my 401K?
Hello I have a 401k worth 250000 and I am retiring from company> Im 55 years old and want to buy some rental properties for my 2 kids to rent from me.. I need the income from the rental properties now and was cons...
Hassien Serrano
Buying from seller and dealing with capital gains tax road block
Hello,Here is my awesome dilemma.Seller received advice and changed mind to sell because of concerns on capital gains tax on a property in NY if they sell it to me and carry the 1st/the note/owner financed and no mone...
Erin W.
Out of State Tax Considerations
Hi,Over time, I've browsed so many forum topics and now I'm thinking about investing out-of-state. I thought I remembered reading some advice about income tax vs some other tax in both your residence state and the st...
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...