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Results (746)
Andrey Y. 401k scam or not? Taking the plunge..
8 October 2017 | 99 replies

I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...

Kyle Bishop Seller financing: setup, taxes, and contingencies?
5 December 2020 | 23 replies

Hello all.
I'm exploring a deal on a property that is well suited for seller financing: house paid in full but desperately in need of work (for which the owners don't have the cash to fix themselves) and the owners w...

Account Closed Strategies for Home Ownership as a Real Estate Professional - Pay Taxes or Take Write Offs
1 September 2012 | 21 replies

I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...

Kash Johnson Estate Planning tax question
30 May 2023 | 28 replies

I'm not sure if this is the right spot to ask this question, so please let me know if it's incorrect. My father-in-law has been dabbling in real estate since he purchased his first parcel of land at 16. He's a small t...

Mark S. FIRE Strategy for High Income Earners
2 March 2021 | 15 replies

Financial Independence Retire Early (FIRE).  It seems to be everywhere these days.  I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome.  I'm sure ...

David Cole refinance potential rental to 15 or 30 year mortgage?
11 April 2016 | 19 replies

I will most likely move in with my fiance in a year or so & rent my condo out. With mortgage rates very low, I'm thinking of refinancing my condo in anticipation of this move.Currently my mortgage principal & ...

Adam Widder Where to store rental reserves?
20 November 2021 | 73 replies

We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...