Justin O'Malley
401k -> self directed IRA -> Rental Properties
Hey folks! I was wondering if anyone has a little more info on how you can effectively use 401k funds to purchase my first property. On the podcast they discussed a self directed IRA and it definitely peaked my intere...
Joseph Hossenlopp
Hello from Joe- advice needed for buying a rental property.
Hello! My name is Joe, and I am interested in getting into the real estate investing game. I am a bit late to the party, but by the time I retire (in 1 1/2 years) I would like a rental income coming in. I will have...
Mark Page
Avoiding 401K early withdrawal taxes, penalties ?
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Kimberly Kesterke
Landlords with 9-5s?
I'm working on pulling together a community of Landlords who hold down full time jobs. Whether you are making great profits and choose to keep your 9-5 or working towards an early retirement, I think we as W2 Investor...
Steve Maye
Cashing out of rental property - Reduce taxes
In the next year or so I think we will be selling our 2 rental properties and our primary residence to buy our retirement home. I want to explore ideas on how to reduce my tax burden. We want to buy a home with plen...
Pixel Rogue
Capital Gains - Longer term planning...low income.
We have a few investment properties for several years. One in personal name, others in disregarded LLCs. Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over...
Joe Baker
IRA
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Kyle Ashmore
What is your Financial Independence number?
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
George Post
Parents Gift to Purchase a SFR- Taxable Earned Income?
Good Day!I have a client who is being gifted $170k to purchase an owner occ. SFR as a primary residence. The donor is her father who will also be living there as his primary residence, but will not be going on title. ...
Allison Karrels
Passive Income - yachts?
Small back ground: My husband and I own 8 SFH that we use for monthly passive income streams. My husband is in the Air Force and plans to retire in 8 more years. Between his pensions and our rental income we will h...