Magdaleno Garcia
Dealing with City of San Diego Inspectors for a Garage ADU
When I bought my house years ago, the past owner had added a permitted room in front of the garage. I am now converting it into an ADU but this is my first project and I've found out that I started everything backward...
David M.
Employer 401k to Solo 401K
Hello All,If you roll your employer sponsored 401K into a solo 401K, I'm assuming that any profit/cash flow must remain in the 401K as well, correct?Meaning, if my primary goal is to replace $dayjob income, then inves...
Paul B.
Fund an IRA twice in one year?
I know that I am limited to placing $5,500 per year into an IRA. But it appears that I can still put money in and have it count for 2016 if I do it before the tax filing deadline, right? So can I open an IRA, max it o...
Dymond Shafer
Hard money vs. Old 401k?
Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge. For our next two flips (both under contract)-- advisable to use Hard Money or my old (separated from employer)...
Chad J Muse
converting 401k to Roth
Researching 401 to roth. Is there any way to do without paying an absorbent amount of taxes?
Chris Oswald
Solo401k creation timeline
I have looked into the self directed IRA and solo 401k and feel the later is a great option for me (yes I am self employed). I am curious about the timeline to have funds from previous employer retirement plans and a...
Kyle Clavin
Building Duplexes Financial Help Needed
I haven’t built any duplexes but I want some mortgage advice here. My thought is that I could build 10 units (5 duplexes). I could build these and have 20% equity in them. Cost would be somewhere around $900k and woul...
Aariff Kadar
rental property tax related
I have a day job and i am planning to buy a new primary residence by renting out my current residence.
Questions:
I will get rental income of $36,000 and expenses of $44,000 (Includes mortgage insurance, property ...
Olga Huxoll
SDIRA - I can't pay myself, correct?
Hi everybody,I am new to this forum and real estate in general. I am trying to figure out what I can do with my 401K from a previous employer. I know I can roll it over into an SDIRA account. However, if I understand ...
Jorge P.
My architect delivered plans With Wrong room Dimensions!
Dear BP Community , I need your advice on how you would handle this situation.I am deep into my first fix and flip in NYC. I just determined that my architect delivered plans/renderings that are not accurate. My plumb...