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...
@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...
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...
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...
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...
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...
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...
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?
We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...
Hello. Can anyone tell me what the max contribution limits would be if I held multiple retirement accounts? For example, I have a Solo 401K, Rollover IRA, SEP IRA and Roth IRA. How do I utilize these various accounts...