Hi BP members,I want to use my 401K for REI. I looked into SDIRA but prefer to do a Roth conversion (pay taxes) and then invest in RE within the Roth. I am able to withdraw without penalty. Has any BP members done ...
I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...
Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
I recently accepted an offer for a SaaS account executive position and it's completely work from home. Currently, I live in Sarsasota, FL and want to move to an area that I can have max potential for house hacking a d...
Basically if I buy a rental house for 75k cash and rent it for 750 a month it will take me roughly 10 years to get my money back. In the mean time is it a loss? I already paid income tax on that money, I saved it in m...
Hey all, I have been trying to get a loan for my second rental property and it has been very frustrating to say the least. I cannot go through a bank to get a mortgage. I am currently unemployed, but I have multiple s...
Hi All!Brand new to BiggerPockets and am hoping that someone out in the forum community may be able to provide a bit of guidance on an interesting topic for me. As a bit of background, I'm a resident of New York stat...
I currently own 2 properties in AZ free and clear. I want to use the 250k in value to purchase a multi unit rental in Chicago, while keeping and renting my AZ properties. My income docs aren't there, is there a priv...
Hello Everyone, I'm about to turn 35, single/not married, no kids, and am currently living in my basement and renting the rest of the house out (which I am totally content with ..have no desire to live in a big empty ...