Justin Trudell
401K Epiphany?
I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...
Account Closed
I want to open a Self Directed IRA
Looking to open a Self Directed IRA for my real estate investments. Can anyone point me in the right direction. Im from Chicago but doesnt have to be local financial institution.
Kyle Woodruff
403b to IRA for Real Estate Investments
Hi Everyone,
Like you I am listening to all the bigger pockets podcasts and learning about self directed IRA's and how those can be used for Real Estate Investments. However, I am having a heck of a time trying to ...
Genesis Guevara
Screening International Tenant
Hello,Bought my first home and decided to start House Hacking: interviewed with a wonderful lady who is Canadian. How would I go about screening her? I can ask her for pay stubs and employer contact info but she curre...
Mike Moran
SEP IRA - disregarded entity?
Good morning BP!I work full time and have a 401(k) through my employer. I also have an Roth IRA personally that I contribute to. However, I utilize a disregarded entity to own and manage several small apartment buil...
Ashley Toombs
Investing while on severance pay
My company is offering 52 weeks of severance pay and benefits and this would be an amazing time to launch a true real estate business. We have one condo currently. I have been told by my mortgage broker it would be di...
Yvette Velasquez
Can i qualify for mortgage using IRA/401K if not retirement age?
New to investing in real estate, and want to buy an investment property. I am recently self employed so I do not have W2 income to show. Have HELOC to use as down payment, great credit, and a good amount in my IRA. A...
Zubair Khan
method of payment
Hey everyone so I might be closing my first deal as an assignment so since its my first deal I really don't know what form of payment is best for me considering I'm young and don't have any tax deductions.
Nick C.
Unemployed and Ready to Invest?
BP,I bought my first home a few years ago in Orange County, Ca, and recently sold it. Unfortunately, the company I worked for laid me off recently due to COVID cutbacks. So, my plans have changed.
Currently, I'm cas...
Sean H.
traditional IRA contribution?
-im entirely self employedSo, im looking at tradtional IRA contribution for the year and its based on mgai. If i made 175k for the year, and contributed the maximal to my solo 401k (57k), does that effectively bring m...