Conner Parsons
Solo 401k Plans v Self Directed IRAs
Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
Buerkie Klokpah
Need feedback on a property I am looking at! =)
Hello All! I am looking at an investment property in the area for rental (first one!) but it looks to need work. Before I make an offer, I'm hoping I can arrive to a decent estimate for repairs and revisions. Does any...
Mike Dawson
Considering SDIRAs for a specific situation, and moving forward afterward.
The more I look, the more questions I seem to have. I'll try to keep it concise. Thank you for any help you can offer!Quit my job last year. I have a TSP still in place which I would like to rollover to a SDIRA(pos...
Toyin Dawodu
Hard Money Lenders-Are they for real?
I get at least one call a day from the new "hard money lenders" These are semi institutional lenders pretending to be hard money lenders. When I ask for their requirements, it always sounds like I am talking to Bank...
Amy Charles
Solo401K or HELOC to get re-started?
My husband Michael and I want to jump back into RE investing, here in Austin, TX. We have previous experience having owned a duplex in Boston for 16 years which we house-hacked, rented long term, Airbnb'ed, converted ...
Kyle DeSimone
1091 tax and 401k rollover question
Hello,My name is Kyle DeSimone, this is actually my first post! I am a new investor, to the point where I've read a bunch of books and attended a few BP seminars. I am very interested in starting off and one challenge...
John D.
Can I create a Solo 401K with only rental income?
I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
Vadim Babets
$$$ Builder looking for private investor $$$
Im building a house + Studio to keep as rental, but my investor backed out last minute, So before I go to hard money lenders I thought Id post maybe someone will come inn with cash.House Is located in the best area at...
Charlie Shew
How Would You Financial Proceed? Any Tax Specialist Out There?
Hello Everyone,Me and my team of International Investors....Just kidding, been listening to BiggerPockets podcast, couldn't resist.Anyway, here is my finances laid out, if you were me how would you proceed? Currently,...
Mark H.
Solo 401k Distribution
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...