Corey Reyment
Cost Segregation Study on a 16 unit and 401K To Reduce Tax
We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
Timothy Wallace
Self directed 401 (K) vs Solo (K)
Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending.
Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
Chad Slater
Solo 401k as a Real Estate Professional
Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
Justin Reed
Borrowing Against Self Directed IRA
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
David Abollo
solo 401k vs self deferred IRA
I am in the process of selling my 1st piece of land and want to put profits into a account but I don't know which one will be more beneficial in the long run, Solo 401k vs Self Deferred IRA. I plan on continuing to pu...
Daniel Hart
Can you fund your SEP-IRA or Solo 401k PRIOR to claiming payroll?
I need to make my 2014 contributions ASAP in order to fund a self-directed 401k deal for a friend who needs help. My CPA says he's not comfortable with me making the 2014 contributions so soon because I haven't cl...
Jim Herbst
Contributing to 401k or 403b or ROTH vs. Saving for Down Payment on Investment Property
I have been inspired by the podcasts and insight on BP and appreciate how a LONG-TERM buy and hold approach (my niche and strategy) can lead to quite significant 'passive' income streams over time. I also understa...
Jason Coleman
Investing in 401k/SEP IRA vs buying another rental annually
So my wife and I are torn on this question. We're both 33 years old and we have been maxing out her 401k at her w-2 job for a couple of years. That's great of course and I'm not complaining. However, if we just contri...
Karl McGarvey
Slowing/Stopping Roth/Stock Investments
Hey yall! Was doing a little thinking today, and wanted to solicit some advice/discussion.Currently, my wife and I put $17,000 into Roth/Mutual Funds for Retirement a year(also do matched 401K contributions but I refu...
Steven Burrows
Solo 401k
Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.