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 ...
Jose Gonzalez
Can I withdraw the money invested into a fix and flip?
Wanted to know if I can withdraw money invested into a fix and flip to fix the property?Ex I invested 30K into a home. This money was income I had earned and had already been taxed on. I just want to get the money bac...
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...
Ryan Jones
$200k equity in home 2.75% int. rate - HELOC for stock investing?
We put $200k down on our home two years ago, 15 year 2.75% fixed rate. (really for peace of mind because I know I could earn more elsewhere) However, unless Trump is impeached this year, the stock market will probabl...
Matthew J. T.
How do you file Taxes as a wholesaler?
Do you just print copies of the checks you made and keep them as your stubs, and save them come tax time and take them to H&R block, or how exactly do you do it?
Matthew T.
Tax lien properties w/ Mortgages
I'm not sure if this question was answered but here it goes. If I go to a tax sale and bid on a tax lien property with a "mortgage" and win the auction, do I have to pay the monthly payment and/or be responsible for t...
Francisco Torres
taxes
I just sold my first flipping property I would like to know what's the porcentaje I have to pay to the irs thanks
James Harris
Capital Gains Tax and IRA
Hello..Last year I sold a property and did not find another property to roll the earnings into within the time period. I was told that I could roll the earnings over into an IRA to avoid paying the capital gains tax. ...
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...
Jack Tinker
Who Includes Rental Income Tax as an expense?!
I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...