Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
Brady Boyer
Rental Application Documents Required
What documents do you require prospective tenants to submit when filling out a rental application? I'm planning on requiring photo ID, most recent W2 and 1040, 3 most recent pay stubs.Does anyone require bank statements?
Chan K.
Self Directed IRA, UDFI (Unrelated Debt Financed Income Tax)
Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
Taylor Wade Wirthlin
Creative Financing in Utah County
Hi BP community!My husband and I are trying to pull together our first buy and hold rental property in Utah County. We are having a really hard time getting a conventional mortgage though because we are self employed ...
Martin Senn
Self directed IRA
Does anyone have good experience with a company that offers Self Directed IRA accounts? I have an account with Equity Trust but there fees are high ($350/year) and the service is marginal.
Account Closed
401k/ROTH options for investing in real estate
Hi all, I have a quick question. I see lots of people mentioning using their 401k or ROTHs for investing in properties, most of which are solo 401ks. I was hoping someone could break down the options for an individua...
Sam Robbins
Financing, tax questions - what to do as self employed?
Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...
Angela Palmer
Funds to get started
We are considering cashing in an IRA account to have funds to make our first purchase. We thought we would throw this thought out to BP to see what thoughts the experienced might have...
Michael Raymer
401k rollover to a self directed 401k or self directed IRA
just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...
Jan Van der vorm
Is the cash flow 100% tax free if you own 100% of the property?
I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?