Dawn Anastasi
Roth 401(k) - information on loans/withdrawals
I currently have a 401k through my full-time employer and have 6 rentals on the side. I have read some information on BP and other sites about taking money out of one's 401k or using some type of self-directed IRA.
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Cole Simpson
Cole calling centers
Has anyone employed a cold calling center for wholesaling? What was your experience? How much did it cost? Would you recommend it? If so do you have someone you would recommend?
Danny Webber
Schlumberger to Cut 21,000 Jobs- Houston Based Co.
This is definitely going to drive sales/Fc's/Inventory hitting the market in some TX marketshttps://www.thestreet.com/investing/schlumberger-swings-to-loss-and-plans-21000-job-cuts
Larry Flanagan
Reduce income tax bill
Besides making less money, what are some good ways to reduce my income tax bills? I mostly flip & wholesale, so my income is primarily taxed at short term rates. Between state & federal last year my tax bill...
Art Maydan
Being Paid Through LLC vs. Personal
In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
Brendan Lawrence
Self Employed, FHA Loans Moving Across State Lines?
Hey guys!
Does anybody here have experience with FHA loans when it comes to moving to another state?
I'm a General Contractor out of Oregon and we've been wanting to move back New England for a couple years now. ...
Jim Witten
Taxes on RE Income through an LLC vs Finders Fee?
If I brought a property to someone in California, and my intention was to setup an LLC with the person where I get $10K (for example) from the net when it's sold. But they just want to pay me a $10K finders fee upfron...
Romaldo Cruz
Good and bad credit potential tenants
I am screening tenants for my rental and have a couple who are goin to be roommates, one with good and the other with bad credit. Should I average their credit? Disqualify them both? Still charge double security depos...
Chris Reyes
Colorado Lenders asking for COVID Letter from Employers
My wholesale Mortgage Broker just informed me about more lenders are bringing back "Covid Letters" which pertain to having the employer essentially Gurantee that the Cornavirus will not have an affect on the persons e...
Katie Rohrer
Solo 401k vs. SDIRA for Syndication Investing
I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Bas...