Hi! I’m currently working full time (on W2) and have money in my employer 401k. I found another full time job and will have 10 days in between the two jobs. I am planning to roll over the 401k into a Solok, but have a...
I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
We have a property held under an LLC partnership that manages and pays all mortgages/expenses, etc. The original mortgage loan is just with one of the partners. I understand the partners not listed on the original mor...
When contributing to a Solo 401k it is mandatory that all employee contributions cease before age 70 1/2, employer contributions may continue as long as self employment earnings continue.Comments please?The employer c...
Hi all,I'm starting out my investing career with a buy and hold duplex in Worcester, MA. My good friend and I are purchasing it together and plan to hold title in a TIC and we are both on the mortgage application. We'...
Why Your 401k Match Is Not What You ThinkI am going to do a mathematical example to show you the real return of your 401k contribution.Let's assume I make $60,000 per year (a modest starting salary for my major). My ...
This is a Real Estate IRA issue. I have a rental property in Florida that has become unlivable due to poor property management by a local firm. There is not enough cash in the IRA to complete needed repairs which ar...
Before I even start investing, I have some areas of my financial situation that I'd like to get some perspective on. Thanks in advance for the feedback!
1. Existing 401k/Employee Stock Purchase Contributions - For a...
Thanks to everyone at BiggerPockets, I got my first deal under contract! I've had my Roth IRA for 5 years, but recently rolled it over from Merrill Edge to Betterment. Does anyone know if I can still use this as part ...
I am extremely curious about moving my old 401K (prior employer) into an account to start low level lending, note investing, etc. I would like to see if anyone has experience doing this and how it has been so far. Wh...