Is it a good idea to take out a loan against 401K for downpayment on a first property? Thank you!
Good morning all, Hope everyone is enjoying the busy season. I have been reading a few posts on BP forums (that are 3-5 years old) about self-employment taxes which state that if your average stay is less than seven d...
Hello Everyone,I am a new real estate investor. I just bought my first short term rental in Pigeon Forge, TN. Things are going great but I have a couple questions on business structure and maximizing tax advantages.Th...
Hi homeowners,
Can I have a FHA loan against a s corp i formed couples years ago? If not can I transfer later somehow? It is not in real estate related engagement , I had it mentioned as online software related busin...
Hey folks,Looking for a little help here. So I'm currently in the middle of doing 3 multi-family rehabs in Newark, and naturally my agent brings me a new multi-fam deal that meets all my criteria. Since I am in the mi...
Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...
I have been using a SDIRA and am now thinking that a solo 401k might be more beneficial. Any thoughts on the subject?
If you have any questions feel free to response to this and I can provide an answer to your question or can find the answer for you soon.
Hey BP! I've recently switched jobs which has given my previous IRA account the ability to transfer banks. While researching REI, I've come across the idea of using a self-directed IRA account to invest in real estate...
Hello all,A couple w/ 4 kids. She has been at her job for 4 months. He has been at his job for 5 months. Prior to that they were both at their previous jobs about 1 yr. She is living w her sister and he renting a room...