Steven Cruz
Should I cancel my 401k?
Hello, I have a 401k and I was thinking of cancelling it because I have a 457 b option plan. I haven’t put much into the 401k so I’m not worried it much(only 6k). But recently I’ve been thinking a lot about it, my em...
Michael Clemson
Emergency Room trip tax deductible?
I hit my head at my own rental this weekend, lacerating my head and taking a trip to the Emergency Room. I'm the proud owner of a few staples now! (No Urgency Care in the area on weekends.) I'll at least have a co-pay...
Valentine Serna
Friend's 401k
Hi Everyone,I wanted to get your opinion on something. I have a close friend that is changing jobs and has a good amount of money on his 401k saved up. He is wanting to partner with me on some deals and was asking if ...
Rahul Gupta
Solo 401k plan limits
How much can I contribute to a Solo 401k plan in the following scenario? 80k is in W2 income and 100k is in real estate business income. I already have contributed 10k in 401k at my W2 workplace.
Derek Tellier
What to do with my 401K?
My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
Edgar Macias
Calling employer and fair we landlords California
Hello,I have a potential tenant for a unit that I have. It’s my first time screening someone. My question is: Does anyone know if it’s against the law to call The potential tenants employer and former landlords. She i...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Shannon Cannon
How much to pay yourself from a flip?
Hello! We are about to close on a flip, and it's the first one that we set up as an LLC with S-corp tax. It is my husband, myself, and a partner as members of the LLC. How much can we "pay ourselves" from the profit...
Teia Guber
Multiple Evictions and Lost Rent: Is It Worth Pursuing Tenants for Damages
Hi everyone, I am an out-of-town investor in Charlotte
I’m reaching out for some advice regarding multiple evictions . Over the past three years, I've had to evict three tenants !!! with the most recent eviction las...
Farril De foor
Self direceted IRA'S
I was just told about buying and selling a home. I can take the profit and put it in a self diredted IRA. I can then use this as my retirement.
Does any one do this and can you tell me more?
Thanks for your input.
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