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...
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 ...
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...
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...
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...
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 ...
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...
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 ...
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...
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...