Jake Newsom
Using 401k to Invest in Real Estate
Have been going back and forth for months on this decision. Currently I have 4 rental properties bringing in roughly $3000 income a month. I own them free and clear. Additionally I have a very good paying job so I don...
Cooper Marcus
My 3 favorite solo 401(k) and self-directed IRA providers, so far
When two different financial / tax advisors encouraged me to look at solo IRA or 401(k), I figured they both can't be wrong!I spent the weekend visiting lots of websites and reading lots of content. I'm down to three ...
Dustin Peters
Sep 401k or Solo 401k under LLC
I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
Ian Sara
W-2 vs Non W-2 Conventional Loan Financing
Hey All,Is someone able to highlight the main differences or challenges between financing an investment property with a conventional loan with W-2 income vs non W-2? My wife owns her own business but is technically a...
Mike Francis
Other Lending Options for first time home buyers?
I have a house for sale where the interested buyers are a couple of months away from having the lender required pay-stubs. Both buyers are new college graduates, one with a masters degree with excellent credit, and bo...
Clay Teegarden
Fix and flipping tax implications.
Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
Claudio Golia
Reduce 401K Contributions and Redirect to REI?
Good afternoon.Just wanted to get some opinions regarding raising additional capital for REI. I'm pretty new to the whole REI adventure, been here on Bigger pockets for 3-4 months and learned a lot. My biggest barrie...
Jacob Hafer
Rental Application Process for multiple renters
Good morning! I am first time investor and am currently going through the rental application/property showing process. My question is that with the Rental Application, there is a $50 fee paid by the renters. Is this a...
Robin Evans
Self employment or long term investment income
Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
Mimi H.
Solo 401k + Business Structuring
Hi Everyone,I'm presuming that I'm not alone in this and would love to hear how others deal with this situation:1) employee at a company that offers a small matching on 401k2) owner of properties with cash flowWhen I ...