Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...
Through my employer I have a 403B. I don't have the much money in there. I'm probably going to be paying a decent amount in taxes this year, I made a lot more than last year. What I was thinking was putting in a lo...
I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
My wife and I were only able to invest a little less than $10,000 in our respective Roth IRAs before our combined income disqualified us from contributing anymore. My question is this: Should we leave the money in ou...
Anyone have real experience analyzing deals on Michael’s SDA? I have a couple questions that I can’t find answered anywhere. I would like to talk to a real person who has used this spreadsheet. Thanks. Tags Multifamil...
My employer provides a match (up to 3%) when I contribute to their sponsored 401k. I don't like contributing because I know the return is not as good on the 401k as it is on my B&H properties. I'm contemplating di...
Howdy Guys!
I did a bit of searching, but couldn't quite find what I needed. I did a dumb thing Jan 2 and Maxed my ROTH IRA for the year. Now i'm trying to find funding to keep a rehabing some of my distressed prop...
The money I used to start the IRA was post-tax and the value of the IRA is less than what I invested. I was thinking of waiting for it to even out, or close to it, and re-invest the money somewhere else. Are there pen...
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Hello BP Community ! I live in Phoenix AZ and in my quest to choose the best self managed retirement account (for me), that I can fill with a few hand picked investments from the NYSE to grow my wealth for retiremen...