Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
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/...
Jim West
Sole proprietor wants to put more in IRAs
Hi all,Just found this site and am very anxious to explore all it has to offer. I have a quick tax/IRA question. My wife and I own a 4 unit building that we reside in. We are both also self-employed in separate busine...
Greg Baker
Questions about tax write off's with a rental property
We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...
Edward Cates
Multi family vs single family home
Hello everybody thank you for the last information on the room most recent post it was amazing a lot of insight from everybody and I hope that we can get more input on this topic the current topic is: I have pre-quali...
Liz Lynn
LLC Property Questions
Not sure if this is the right category, but I would like some input. I have an LLC from my pet care business that I recently closed. The accounts are empty yet still open and the LLC is still in good standing, so cou...
N/A N/A
New Member from Philadelphia, PA - A lot of ideas and info!
Hello all,
My name is John and i'm a 26 year old investor from Philadelphia, PA. I currently own 4 rental properties, and i'm trying to take it full time between creating value through getting "deals" and creating H...
Henry Li
part time real estate agent tax - are they double taxed?
so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time" let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...
Lor Fara
Entity structure for out of state LTRs
I live and work in CA, but looking to invest in OH and IN. I have two LLCs set up, one in WY one in CA, both under a WY holding LLC. Can I buy rental properties in OH and IN with my WY LLC? In which states would I...
Abdul R.
QE3 and Real Estate - Your thoughts
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...