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I am hoping there is an accountant that would be able to assist me with my question because I have hit a roadblock. A couple of years ago I created a Solo 401K account using funds from a frozen pension which was rolle...
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I've got an accountant who has been encouraging me to maximize contributions to a defined benefit plan despite my goals to invest in real estate. While I appreciate the tax deferment, I'm concerned about the following...
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I work in a controversial job... the dilemma is - it's not in real estate. Pros to my current position: Secure, w2, pay is above average, benefits are stellar, schedule is somewhat flexible (can leave if I need to wit...
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This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
I know I can't mix the two in a single note, but can I mix IRA and non-IRA money in the same fund?
We Are All DetroitDo you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again. Detroit is partly the victim of economic trends far beyond its control, the down...
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Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen
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Hello BP Members,I'm new to REI and live in the San Antonio, TX area. Has anyone here on BP withdrawn 401K funds to begin a REI career? I am not talking a Self Directed IRA, as I want cash flow now. Also, can you d...
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Hello, I hope everyone is doing well. I was trying to help my parents invest in RE and was wondering what the best strategy would be for getting loans and using leverage.
I heard that you can get a maximum of ten lo...
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Tenants are looking to move in and are slightly sketchy with their past but have rock solid parents willing to cosign for them. The parents however are retired and receive social security and a pension of around 3 gra...