I am getting ready to do some updating to my home before I furnish and make it a medium term rental. I plan on using credit lines to fund all of the rehab but am curious about my options to pay them off through a cash...
Every so often I talk to someone who thinks there is a way to structure yourself so you can actually use your 401K. Basically invest your 401k into your own LLC.I have never been able to find anyone that really has th...
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...
What does of a client of mine need to do in order to turn their funds into self-directed funds so they can invest? They want to invest in several opportunities we have but self-directed IRA etc... is not my expertise....
I hope our Solo 401 K experts can help Me and my wife are both on my Solo 401-k with sub Roth I would like to transfer a portion of the money to her Roth IRA, it is my understanding I can do this as long as their is a...
Hi All,
I have a simple question with a not so simple answer.
Do we invest in index funds (Vanguard) or do we get into real estate?
'Ye Ole Wall 'o text to follow:
We have ZERO debt, no mortgage, no car pa...
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
HelloCan someone help explain the process of using IRC Section 408 to buy investment property. I have some money in my mutual fund with Vanguard that i want to use for a down payment on a rental.any suggestion would b...
Hi BP World,
Here is my situation, I currently have a 401K plan with my employer which I contribute to weekly, this plan does not have a match option.
What I would like to accomplish
I would like to borrow agains...
Hey!So I am about to get a job as a police officer (woop woop!) and I know one of the questions they will be asking me is how much do I want to put towards a 401k plan. Now as much as my parents would love for me to s...