Greg Moran
First investment loan default. The saga begins
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Pete Perez
Fidelity Employer 401K Can't Be Rolled Over?
Hi BP,I recently switched employers, and am getting setup with the employer provided 401k custodian (Fidelity). My goal is to take advantage of the % match my employer offers and roll it over to a self directed IRA, o...
Robert B.
Opening Self Directed Retirement Account
Welcome Everyone,I'm a new BP member and a novice Real Estate investor. I'm determined to move my IRA funds from traditional to self directed accounts. I was hoping fellow members of this forum would be able to help m...
Georges Martin
Minimum $ amount to open a Solo 401K?
I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific. It's not much, but I'd like to put that money to better use by buying a rent...
Alan L. Weeks
New Member from South of Boston area
I am interested in starting to acquire rental properties in my immediate area (MA 02375) to hold and generate income.I'm close to making my first deal and out looking at all types of residential single & multi-fam...
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Gregory Bargiel
New member from North Jersey
I'm 21 and looking to invest in real estate as soon as I start work full time. I will have a good amount saved, mostly in a Roth IRA and able to live at home to save even more for my first investment. My plan now is t...
Mark E
Capital gains tax...
I have an issue coming up were my parents are selling there investment home of 6 years and want to re-invest in another state. However, will they avoid paying capital gains if they buy a property acouple of months aft...
Sophie Wang
File 1099R for solo 401k in plan roth conversion?
Hey guys,I just opened a solo 401k last year and did an in-plan Roth conversion. I am trying to file a 1099R using tax1099.com for the roth conversion and have a couple questions.1. Should the payer be my Company or m...
Quincy Lockett
The American Rescue Plan Act (Eviction Moratoriums)
No mention of extending the CDC Eviction Moratorium past 3/31/21 in the Senate ratified American Rescue Plan Act on 3/6/21. Only financial subsidies for struggling renters.I am optimistically subdued. Cross your finge...