Kyle Kline
Withdrawing Roth IRA contributions vs. HELOC
Does anybody have experience or advice in regards to withdrawing Roth IRA contributions in order to fund expenses for an investment? I do not have a deal lined up at this time, but am trying to plan for future investm...
Brian W Coffman
Solo 401k/SD IRA distribution question
My wife and I had an LLC created by using a Solo 401k(55% from my retirement account) and a SD IRA(45% from my wife's retirement account). I am the managing director. Now that I am 59 1/2, would I be allowed to withd...
Joe Baker
IRA
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Nick B.
COVID-19 IRA withdrawal
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...
Mike T.
Back Door Roth IRA
I have recently noticed a few articles posted on mainstream sites such as marketwatch about back door Roth IRA. I am in a situation where I would like to put more that the maximum for my Roth. I am 33 years old a...
Ryan Rabbitt
Employer does not match 401k - should I invest?
Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...
Sarah Sparks
Using 401K for downpayment
I'm looking to use retirement money for downpayment on a multifamily, but taking it out early I will lose 10K. Looking for unique way to not lose so much or put immediately into something to pay less taxes.
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
Jacob Miller
Roth IRA and First Time Homeowner
Would like to get the opinion of members on their experience using Roth IRA funds as a first time homeowner. Is it true that if you are a first time homeowner you can use money from a Roth IRA for a down payment? Can ...
Jerry LoCoco
Limited Partnership Agreement
Hello BP Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will not tak...