Dustin S.
Self Directed Roth after FIRE
I have already hit FIRE and and am well below official retirement age. I am looking to keep investing into a ROTH IRA preferably having one of my LLC make an employee contribution on my behalf. First is this possible/...
Jesse Kindra
Self Directed IRA or Solo 401k
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...
Spencer R.
Traditional 401k, Roth IRA, or neither?
Hi everyone,Just as a quick backdrop: I am a 23 year old working a full time office job and contributing 8% (4% traditional, 4% Roth) to my 401k, and getting 4% matched by my company.What I am wondering is if I should...
Erik Kubec
Rents --> my LLC for contract work, LLC $$ --> into Solo 401k
Hey Folks,Here is the strategy I am using. It seems pretty complex.My wife and I have rental properties.My LLC, taxed as a sole prop, has a 401k with another property in it.For the 3 rental properties my wife and I o...
Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Kin Lay
How does self direct IRA works?
Hi, I am new into this whole IRA thing and need some education on the concept of self directed Roth IRA and self directed tranditional IRA. Please correct me if I misunderstand any of these concept.For self-directed R...
Alex Silang
Best tax advantaged acccount for my situation?
I make about 50k a year, and I have some savings that I want to put a tax advantaged account. It might be used for real estate, it might not. It's not an emergency fund (I already have one). It's likely going to be pu...
Sarah Harris
How to Choose: 401(a) vs. 403(b)
My new employer has two options for Retirement Plans, both with Fidelity:
401(a):
-Employee after-tax contributions up to 60% of pay*
-Service-based match of 100% to 200% on after-tax contributions up to 3%
-1% a...
Brendan M.
What are the tax implications of paying myself to property manage?
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
Ethan Ducharme
JV agreement advice.....
Hey everyone,
Looking for advice on a JV agreement. I know lots are out there but I am not sure if all are created equally. I am wondering if someone is willing to send me a copy of what they are using these days so...