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I started wholesaling this year under an LLC. I've been setting aside a percentage of my wholesale checks specifically for tax purposes. I'm also a w-2 earner, being employed by the US Military, which makes me a part-...
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Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...
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Hi,
I was told by a Real Estate investor who I can no longer get in touch with, that there is someone that gets paid to sit in the house that a realtor is selling until the realtor arrives? I'm guessing they were the...
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Aloha BP community!
I’m curious to hear everyone’s mindset regarding obtaining insurance for your fix and flip LLC and coverage levels.
I’m on Oahu and planning on handling some of the rehab work myself while contr...
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So I’m a Controller for a small construction firm (>25M) in New York. All construction is limited to essential construction only which effectively put an entire stop on our operations. With the passage of the CARES...
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I was "traded" last year to a subsidiary of my long-time employer and that subsidiary is now an independent company.When signing up for benefits this week, I noticed something unusual about their 401k offering. They c...
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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...
Will loss of rental income from my overnight rental qualify me for the penalty free 401k distribution? I had two or three months of less than average rentals and one month of no rentals due to Covid travel restrictio...
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As a landlord, accountant and hands on rehabber, I've thought about becoming a property manager, in my market that would be for 1-4 unit properties most likely for now. I'm looking for advice on the legal and insuran...
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I'm buying a business and I'd like to sell the property and leaseback NNN. Its a decent size deal ~$5MM with long term lease (8 cap).
Can anyone direct me to someone who can talk to me?