Mitchell Rusten
ELI5, why do people put profits into a 1031 vs a tax write off
Simply put, why do real estate investors need to put their profits on something like a flip into a 1031 exchange rather than simply putting the profits into a new property and writing off the acquisition like a normal...
Ian Olmsted
What would you do in my situation?
Hi everybody, I've been reading this site for a few years but finally decided to make an account. Let me give you a little history before taking an informal poll on how to move forward. In 2013, my wife and I sold a...
Rafael Abdalla
tapping in to my equity to pay off high interest loans
Hi,i own 590k on my primary residency and its worth bout 1.5mil. Mortgage is $2500 per month, and we take home after taxes 11k per month. credit score around 750 ficoI have about 250k in debt that its keeping me up at...
Marc Appel
Owning Rental properties with multiple mortgages.
I am going to get right to it. Here is my scenario. Let me know how this adds up or any advice you may have. I am sure someone in the community can tear this apart or let me know if this makes any sense. Thanks for yo...
Banis Boortian
Joining the military and want to know more about my finance.
joining the military and want to invest in real estate. Going in as an E3 my pay will be around 1800 before taxes, after taxes around 1500. Im planning on saving most of my income to invest in rental properties. W...
Jason Schmidt
Passive income in commercial real estate - how much?
I have my own business, but would like to work on diversifying a bit so I can have more passive income. We have no bills (aside from $3k a month for electricity, food, insurance, etc.) I think if I work hard over the...
Jason Mancini
Newbie from Metuchen New Jersey
Hello everyone! My name is Jason Mancini and I’m thankful for this website!I’ve wanted to own rental property since back in high school but my real-estate investing experience is very limited. My interest was sparked...
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
Craig Lessler
Self-Directed 457B Plan at Charles Schwab
I have a current 457B plan which I am permitted to self-direct through a brokerage account at Charles Schwab. However, I cannot roll it over to a self-directed IRA while I am still a State employee.I have already tak...
Eddie Starr
Which would be better: a self-directed IRA, or solo 401k? Suggested company to use?
So, in my quest to find PML, I was thinking about, initially, SDIRAs. It was during the time of doing research, that I came across solo 401k s, initially here on BP.
What I plan to do, is put on workshops in ...