Hello everyone! I have been doing alot of research into this topic and I've found some valuable information so far. Basically I'm looking into getting into the whole rental property investment. A little about my situa...
Alright so What is the benefit of contributing to a Roth 401K vs self investing in a taxable account granted you have the discipline to invest. I am looking to invest more in RE and like the liquidity that a non 401k ...
Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.
On August 16 I received a seller's counter offer on a property. The written deadline for accept...
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
I would like to withdrawal some money (~10k) from my 401k to help my mother purchase a property; is anyone familiar with this process? If you withdrawal money from your 401k are there penalties and/or taxes to pay? I ...
Can I defer income to 2018 where the tax brackets are more favorable than 2017 by doing the following strategy? I don't want to tie any more money up in tax deferred accounts, but if I make a deposit to my sep-ira or...
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
This is probably a stupid question, but I'm no expert on credit.
However, would be possible if I were to open a secured credit card by applying at a Wells Fargo with an initial deposit of say $5000 and after receivi...
Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....