Ben Stanley
How to utilize $9k in a 401k
I have abt $9000 in my 401k from jobs. I would like to enventually use it towards real estate investing first purchase downpayment, once that opportunity arrises. What is the best method for this? Have been reading up...
Christian Cordova
Cost segregation used in conjunction with 401k early withdrawal
I am planning on cashing out my 401k\457 (225k) and using those funds to purchase an approximately 1m industrial property. I then want to conduct a cost segregation study to eliminate my tax liability for the early 40...
Heidi Mcdonald
Landlord:best way to collect tenants rent
I am new to being a landlord, starting with my first rental property. What's the best way to have tenants pay rent?
Julie Dillon
401k borrow or withdrawal/ cash-out?
My husband and I are 51 and 52 and only recently got into real estate investing so we want to be aggressive in growing our doors. We have 2 single family homes and 1 duplex and now we are pursuing a 4-plex. We cant de...
Michael Giannico
Best online banks for savings
Has anyone used CIT bank for a savings account. Its at an interest rate of 2.45% with a $100 a month deposit or a balance of $25,000. This is the highest interest rate I can find and am just wondering if anyone else h...
Sam Dangremond
Partnership tax basis and long term investing
I have a somewhat specific tax related question I'd like to see if anyone has encountered before.(Standard disclaimers apply, you're not giving me tax advice or financial advice, just looking for general resources etc...
Sheena Lee
Any risk giving bank account number?
In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...
Paul Barber
Eviction / Tenant Bankruptcy
Hi BP!Yesterday, I got a default judgment on a 2-count eviction (for nonpayment AND for a confrontation with the property manager involving the police). Today, I found out that they filed for bankruptcy protection. My...
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
John Daniels
Building plan for REI, 401k choices
Hi All,
First time poster! Look Out!
Starting the journey and doing a lot of research. So, I (as in spouse and me) have been trying to determine the best approach for my previous employer 401k balance. I am i...