Romney Salanoa
Home Inspector Advice!
Hey guys,So I was looking at home inspecting for another source of income but I am worried about finding jobs to actually make this income. Do you guys have any tips on finding more jobs or getting more exposure to in...
Tony Marcelle
Can house hacking be done with a part-time day job?
Can someone get into house hacking if they are only earning a part-time salary from their day job? How soon can that person quit their job they hate and go all in with house hacking? If that person's main goal is repl...
Mary Derman
Preparing for the future
An economy recovering from a recession, crippling student debt, and an overly competitive job market are just a few of the things to list when naming the struggles millennials are facing in their early lives. Never be...
Tony Wagner
Need advice on rental property
I have four rentals that I bought before the crash. Had a grand plan back then but life and work got in the way. I also am self employed in agriculture I own a seed processing plant and I farm in central Washington an...
Gang Liang
Looking for comments on how to obtain a Solo 401(k) plan
After comparing IRA LLC and Solo 401(k), I feel that Solo 401(k) is a better option to me. Since I dont' have a small business yet, my first thought to obtain a Solo 401(k) is as follows:
Open an LLC to have a part t...
Dakota Verrico
Self Employed Mortgage Qualification - Please Help!
Hello BiggerPockets community,I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year ago...
Gerald Mamuric
401K to Self directed IRA
Hi, my name is Gerald Mamuric and I am a New here in Bigger Pockets. I would like to start investing using my 401k savings but don’t want to get hit with fees. I’ve heard in one of the programs about moving it to a...
Benjamin Sol Ignacio
W2 --> 1099 : Real Estate Professional - Tax Status - Does it make sense?
Good Morning!I currently work in Land Development as a W2 employee making $200k+ a year. I had spoken with my previous CPA about possibly becoming a 1099 for my current employer to achieve Real Estate Professional sta...
Cliff C.
CARES Act 2020 - good time to cash out 401k?
Has anyone cashed out their 401k after the CARES Act was passed this year? Was it difficult? I am considering cashing out and putting it in rentals
cliff
Ha Dang
Raid 401K to Buy Investment Property?
Hi All,Just out of curiosity. Would it be advised to borrow from 401K to buy a second investment property? I'm in the process of buying my first rental, but would love a little more cushion to purchase a second. I'm 3...