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All of my income is passive from rentals. Therefore I do not pay any self employment taxes (15.3%). Since I have no active income, I cannot contribute to any retirement accounts.
Does it make sense to convert some of...
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If you were just starting out in real estate and had 15 years before retiring from your 9-5, what would you do?I'm currently in the process of paying my last debt and of course researching everything. I watch all of ...
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I am a newbie from Bakersfield, CA and I currently have one SFH rental property. I bought my second property in 2013 with the intention of living in it for a year and renting it out, however I met someone, fell in lo...
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Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...
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Getting ready for retirement and wanting to secure a better retirement income through real estate. Have 3 SFR but now have more time to devote to real estate. My first investments were in the early 80's and then did ...
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Hello everyone! Although I've been bingeing on BP podcasts & Rich Dad books, this is my first post.I'm married, dad to 4 boys, closer to retirement than I care to acknowledge, looking to build strong steady retire...
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Hello all,My husband and I are a bit late to investing, but we know it can help supplement our retirement. We are about 10 years out. I don't think we will ever have enough "doors" to replace an income in this time ...
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Looking for some advice. I live in CA and I am eligible to retire in 8 years. My primary residence is currently valued at about $675,000 and I owe about $250,000. My loan is a 15yr and I pay extra each month with th...
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I have done some initial research and found this a rather controversial subject but here goes...I am currently a pass through entity and file as such. This means that all of my income is passive and that I can't contr...
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This probably won't be an issue, but now that I am retired from my W-2 job and no longer have that income can my lender demand payment? Also, now that I only have rental property income what are my chances of qualify...