Curtis Hallenbeck
401k Withdrawal Penalty free upto $100k
Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity? I see it as a great way to get started on my first BRRRR.
Adam Aschoff
Should I take out 401k to use in real estate?
With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...
Sabrina Jack
Foreign Investing in ST-LOUIS, INDIANA!
I hope you're all doing well. I am a 21-year-old individual excited to commence my investing journey along with my partner in the St-Louis real estate market. We've developed a strong interest in this area and are eag...
Kaaren Hall
Changes in the SDIRA and Solo 401(k) World
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Leah Hill
Note holder not allowing sellers to sell
Hey all!Happy Saturday! We are under contract on an investment property with a closing in two weeks. However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer ...
Steven Steele
Should I resign and roll my $50k 401k to solo 401k
Good afternoon, everyone!I'm looking for some advice.I was furloughed on March 8th and "temporarily" laid off May 31st. The initial furlough caused me to go back to school to finish my BS which I am about 1.5 years aw...
Nathan Kurzmann
CARES ACT to invest in real estate from 401k?
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
Kevin Allen
Cares act 401k question
My wife has been out of work due to the virus. She has a hair salon which has been forced to close down during the pandemic. Does anyone know if I will be able to wave the 10% early withdrawal fee if I take a distri...
Christina Galdieri
Screening an Army Vet
Hi All- I have an Army vet who applied to rent my property. How do I go about verifying her income from the VA? I can't seem to find anything on how to do it. An old post had a link but it doesn't work. Thanks!
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...