Michael Plaks
End-of-Year tax planning: Roth conversion 101
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Steven Tomes
Rules on self direct 401k for real estate purchase
What is the best way to use your 401k pre retirement to fund your real estate purchases?
Paul Novak
401K Investment Feedback
I am looking for some advice based on what others in the community have done with their 401K’s. My first investment ever made was my 401K. At one point my wife and I were putting 15% into our 401K’s. The more I lea...
Matthew Harrigan
Mega backdoor Roth vs taxable
I am a retirement account maximalist. I want to make sure I'm not missing something.I can withdraw penalty free from prior Roth contributions and 5+ year old conversions, an inherited tradtional IRA, an HSA with prior...
Mary Jay
How are you preparing for your retirement?
Hi guys, How are you planning to finance your retirement?What income in retirement do you need?I used to think that if I have about 10 houses, each pays about 2k in rent or so, all houses paid off, lets say after all ...
Rich Hupper
Passive day to day income
Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
Joe A.
How much do you need to "retire" to real estate?
Curious as to what everyone thinks, just a question for fun...-What amount would you say that a 30yr married person needs in CASH in order to support a spouse and two children in an average middle class town. Cash ca...
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A. Currently, I am self managing all the operations. LLC-A is a disregarded entity ...
Sean Apple
Maxed out roth IRA, Now what?
I typically max out my Roth ira and am looking for additional retirement investment. I receive a w-2 and 10-99's at the end of the year.I am trying to figure out how I can stock pile cash that can grow tax free AND b...
Justin S.
Retire on cash flow or cash out refi every 5-7yrs
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...