Alyxandria Welch
New investor looking for advice on IRA
Hello everyone,I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What ...
Christian Nachtrieb
Solo 401k Benefits / Disadvantages
Hey folks,Currently I am in an "early growth stage" as a real estate investor. I have three properties under my belt, and looking to grow much further beyond that. By day, I'm a video producer and operate a couple of ...
Account Closed
How to issue a W2 to myself?
Happy New Year everyone! Let 2016 be a year of learning and prosperity for all.I have a question and I would like someone who has done this and has experience with it to help me out. I have been acting as a sole propr...
Erick Sanchez
Self directed IRA? Who is doing this? Is this as good as it sounds?
I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...
Amanda Swetman
First time LP in syndication for accelerated depreciation
My husband and I are looking into becoming an LP in a multi family deal in Austin as a way to use accelerated depreciation to help out on our taxes. My husband is a 1099 and I am a W2. This will be our first year with...
Steve S.
Opportunity Fund or 1031 Exchange: Which is better?
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
Larry W mullen
Decisions on whether to cash out my 401K and move to real assets
I am at the point where I can take distribution from my 401K, and would like to move from paper assets to real assets. Does anyone have any ideas on if this is a good idea, and are there any tax strategies I can empl...
Daniel Dietz
Are SOLO401Ks & SDIRAs Invested in Syndications Taxed the Same?
Hello All, I am looking ahead in my investing career and thinking about the day I might no longer want to do buy-n-hold rentals myself and instead invest in something more passive like a syndication. I currently own r...
Jennifer S.
Self Directed IRA Cashflow
I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
Stewart Battle
Any suggestions on finding lenders in Michigan?
Hi everyone,
I’m new to Bigger Pockets, but am preparing to jump in with my first BRRR soon and would like to get something lined up with a lender or two before I take any further steps. I’m in the metro Detroit area...