Ian Turner
Solo 401(k) with Husband/Wife Tax/Non-Tax Funds?
Hi all, I'm looking for some advice on how I can best structure my retirement account real estate investments to leverage my real estate knowledge for these long-haul accounts. Background: Experienced and diverse rea...
Chris Haas
Does getting licensed affect your earned income versus passive income status?
If I would get licensed primarily to get access to the mls, and in general gain that knowledge, does that adversely affect my tax status.
I have no intention on quitting my day job, so if I get licensed, buy ...
Jesse Kindra
Self Directed IRA or Solo 401k
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...
Robert Steele
How do you tax shelter your cash flow?
In the beginning it wasn't too hard. The property depreciation would usually shelter all the income from my rental properties. Now that these buggers are getting paid off the income is increasing and the depreciati...
Marlow Martinez
Off Shore Banking Anyone????
Just wanted to see if anyone has had any success with off shore banking. I've heard some nightmare stories about money being there one day and not the next day. Is they money truly safe??? Are there safegaurds and reg...
Jason Shellaway
What do do with money after 90 years old?
My grandfather is running into some trouble because of his age. A feat in itself if you ask me. The problem is he turned 90 this year and had to withdraw all the money from his IRA's and now pay tax on them as earni...
Stan Hopp
Solo 401k contribution
I am new to Bigger Pockets I have opened a Solo 401k. May I pay myself a salary from the cash flow of my SFHs as an active real estate investor and then contribute that money to the Solo 401k up to the maximum all...
Stuart Cairns
Retiring and debt free property
Discussing an event, where my rental property would be paid off and I would be receiving rent payments.If I was to refinance my home and make the rent payments to the mortgage, would i be better off financially?
I co...
Eric Chase
Best way to correct over-contribution to self-directed Roth IRA?
BP Community, can you provide advice???I contributed the max ($6,000) to my SD Roth IRA in May, knowing my (combined with my wife’s) AGI for 2020 would be under the $196K threshold. I then lent out this $6,000 along w...
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 ...