Patrick Bunn
Using Retirement Accounts for REI
I just read The Book on Tax Strategies for the Savvy Real Estate Investor. It is a great book. And based on something I read in there I asked myself “how can I use my 401k to invest in real estate?”Setup:Toward the en...
Marc Izquierdo
Benefits of LLC vs no entity with flipping
In about a year I plan on starting to flip houses with a partner. Recently, I've started to do some research on different entities (S-Corps, LLCs, etc) in order to potentially minimize taxation on our profits.Based o...
Jeff Piscioniere
Tax proposal implications
Throwing a quick hit and run post out there because I️ want to keep it open ended. If you’ve read @Brandon Hall post on the House’s tax proposal his first “Biggest Loser” category sights short term rental income as po...
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Jason Turo
How to setup a self directed IRA/401k
I have a 401k from a previous employer and interested in the idea of using a portion of those funds for long term returns (buy and hold rental properties). I have two questions.1. How does a self directed IRA differ...
Nasar El-Arabi is a self-proclaimed “failure” when it comes to being employed. He wasn’t cut out for the banking industry, the call center, or the classroom. Some people aren’t meant to be employed, and Nasar was one ...
Hament Raju Mahajan
Self directing IRA money using QRP- Qualified Retirement plan
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
Rebecca Schneider
using IRA money to invest in LLC
anyone have any good experiences with the financial companies who are offering to let you use your IRA funds to invest in a LLC that gets created for the purpose of purchasing real estate. I see a lot of options adve...
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...
Account Closed
Recently self-employed and can’t find financing...thoughts?
I am recently self-employed (6 months) and having troubles finding financing for a new residential rental property due to income and not having 2 years worth of self-employment. I am located in Chicago and purchasing...