Sienna Parker
Invest in 401k or save as cash?
Hello everyone! Amidst these uncertain times I’m assessing my savings and investment plan and strategy. I joined the workforce almost two years ago at a company that does 401k matching 50¢ to every $1 up to the federa...
Kevin Kim
Can I use my Traditional IRA to buy Investment Properties?
Hello Everyone,After doing some research, I've learned that an individual is allowed to take out a maximum of $10,000 from your Self Directed IRA to purchase your first home without any penalties. Of course this would...
HJ Wang
self employed 401k contribution when net loss
Hi, if my self-employment, single member LLC is at net loss this year, and I am the owner, can I still contribute to my solo 401k? I understand I can't make the company contribution because of net loss, but what about...
Sam Leon
Leveraging funds in 401k how to get up to speed?
When it comes to tax and financial planning I am dumb as a stump!
I always find out about tax consequences too late.
By way of an example, a few years ago I had a substantial amount of fully vested c...
John Casmon
Need 401K transfer to SDIRA Tips
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
Kat Rathell
Eployment verification third parties
We recently started running into more employers using the Worknumber or Truework or other employment verification services. Our rentals are in the inner city of Milwaukee, WI, so our renters are low income. The servic...
TJ P.
Multiple 401Ks to self-directed or other options
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
Jon Avery
Acquisitions - Development
Hi, This is my first tie contributing here. I was hoping that I could get some advice. I am employed by a development company in an acquisitions role. My job is to purchase development sites. In our market this involv...
Scott Deetlefs
H2B Visa Holder
Good day BiggerPockets community, very excited and happy to be apart of this incredible community. I hope someone is able to answer my question, or at least provide some advice. I am currently on an H2B non-immigrant ...
April Zarling
FHA Loan and self employment
Hi All! I know there are tons of discussions about FHA loans and self employment and I have tried reading a lot of them. I had read somewhere that FHA lending requirements can accept less than 2 years of self-employme...