Jim P.
Spouse contributions to Solo 401k
I'm planning to set up a Solo 401K, but I'm having trouble finding information about married couples with Solo 401K's. Should my wife and I have separate Solo 401K's? Can one Solo 401K be shared between spouses (bot...
Brandon L.
Contributing to the member blogs
@Joshua Dorkin @Brandon Turner I contribute to the member blogs on a regular basis. This causes my name to be on the front page multiple times. I have been told by the BP staff that my posts will be hidden if I have m...
Diego Hernandez
Partnerships, Work Load, & Contributions
What are some of the roles that need to be divided in a partnership to try split the work load 50/50?For example, analyzing, marketing, researching, negotiating, RE licenses. . . What else am I missing? What is a good...
Josh Randall
Seller contribution towards down payment?
Is it possible to structure a deal where the seller contributes toward the down payment? For example, rental property purchase price is $30,000. Lender requires 20% down. Assuming the property appraises for $30,000...
Marty Joyner
Future Employer Based IRA Contributions
Hey Everyone...So we've jumped into the cash-flow rental REI side of things and now are wondering about our employer based plans. Thoughts??Details: Spouse 1 - private sector, frozen pension700k in 401k with an emplo...
Jay Helms
Contribute to 401K or Not?
Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...
Eli Burdette
Balancing retirement contributions/ investment capital
Hey community! I was interested in everyone’s opinion about balancing retirement funds ( 401k) (Roth Ira) with saving capital for investments. I don’t want to put money into retirement vehicles only to continuously pu...
Jay Rogers
A question regarding capital contributions
My team and I are just getting our flipping business started (1st house in rehab stage now) and an investor has offered us $30k for 25% of future profits (after this house). In our price range, 30k would cover about h...
Gold Fish
Contribution vs shares in LLC
Hi all,
My father in law is going to set up a LLC for a rental property. He plans to make my husband partner with 40% share but we can only contribute about 5% capital. The accountant he uses said this setup shoul...
Mark Beekman
Very Basic 401k Contribution Question
I recently opened a Solo Roth 401k and contributed the maximum of $16,500 for 2010. Can I make another contribution of $16,500 for 2011 on January 1st?