Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....
Hello, My name is Keegan and I'm a newbie investor from the Syracuse, NY area. I currently do not own any properties, although I plan to purchase a duplex and house-hack for my first investment by this time next year....
Can someone explain the details of a solo 401k? Points I am curious about:-Can you have a Solo 401k and a corporate 401k if you are still employeed?-Is the Solo 401k the same thing as a self directed IRA? (except for ...
So I’ve been reading the new advanced tax strategies book and according to the book, because I am a 1099 realtor, I can use the pass through deduction to take off 20% of my taxable income. But according to the first t...
I have been researching for months about how to select a 401K plan but in all honesty I don't really understand how to best choose a plan. Real Estate makes sense to me when I read a book, a forum post, or a podcast. ...
Hi there, I currently hold a 401k through my employer which i contribute to weekly. Im looking to do a couple things here:-1. I already max out this 401K every year but want to put away MORE pre-tax dollars, can i set...
Hello All,I am going to be talking to a couple of the "Pros/Vendors" for are so sharing of their time and knowledge here this week about setting up our Solo401k accounts, but thought this might be a good question to a...
My partner and I are considering stopping all 401k deductions (MAXED YEARLY) to fund debt payoff. I am not sure if this is the correct approach and looking for advice? We currently have a 2 rental properties and produ...
I'm reading "Tax Strategies for the Savvy Real Estate Investor" now and the authors mention using a self directed 401k to invest in properties. All this makes sense except the example they use illustrates the point by...
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...