Kase Knochenhauer
Why does not one talk about Solo 401(k)?
I considering opening a solo 401(k) for our new long term rentals. Why aren't more people talking about this and instead refer to a Self Directed IRA instead (even though it seems leveraging a Solo(k) offers more oppo...
Ian Sinclair
Rolling a 401K into a new real estate business
Hey all,Has anyone every started a real estate business with a full or partial rollover of their 401k?I heard you can only do this with an S Corp startup but I want a series LLC.Any advice would be greatly appreciated...
Steve Bell
Repay HELOC or make interest only payments to increase cash reser
Hi BP community!My partner and I are planning to take out a HELOC to fund the down payment on our first rental unit. Going the short term rental route. Anyone have advice about repaying the HELOC? What advantages woul...
Anne Morgan
First Timer - Looking for Bookkeeping advice
Hello!My husband and I plan to start managing a rental property. We are currently under contract on a new primary home. We are keeping our current home as a single family rental. This made the most sense for us with a...
Account Closed
Rolling over profits in one property to avoid tax
I'm under contract on an existing single family in Billings, Montana. I already own an existing multiplex here in Billings (and apparently that property is like finding unicorn farts). My question is, if I wanted to f...
Christopher Romeo
Using 401K to invest in RE
Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
Myron Manley
Choosing an accountant
I've been looking into getting accounting help when we make our first investment property purchase. I know that I need to choose an accountant soon, but it's been a little bit daunting because the few I've looked at s...
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
What self directed 401K/IRA do you use?Can you rollover a sep IRA into self directed?Can you roll your W2 401k into self directed?Anything to watch out for with this process?Thank you!
Chris Mackinlay
Creative Financing help
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
Eric H.
What do you do about reserve money?
Do you set aside money each month into a savings account for reserves? Is it unwise to rely on a HELOC on your primary residence for when any repairs come up so that you can plow all of the income from the rental pro...