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If I have a rental business, can I use that income to qualify me as self employed so I can set up a self-directed solo 401(k)?
@Dmitriy Fomichenko @Seth Tandett
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Hello to everyone on BP! I love this site, I'm addicted to it! The first thing thing I hear in the morning is the sound of Josh and Brandon's voice. I go through 3 podcasts a day easily, you guys do a great job!Now ab...
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Hello, my name is Josh and I’m a newbie trying to get into real estate. I live in Gainesville, VA, but am looking to invest in multifamily homes and rent them out in the Midwest, Pittsburgh, PA, and upstate NY becaus...
Hello BiggerPockets,Basically we are looking to upgrade our current home to buy a single story home from current two story home of the same size in the same city san Jose. We are aged 55 and 50, we expect to work at l...
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This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
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I currently live in a Duplex that we house hack, living in one unit and renting the other. This was purchased in December 2023 and I am trying to Tax plan for the coming year.1. I have heard from others that you shoul...
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How does one get past the idea of NOT having a traditional retirement account and into the mentality of leaning on rentals to consistently bring in cash flow? Grew up in a traditional household and trying to break fre...
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Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?