When it comes to structuring your real estate business, choosing between an LLC and an S-Corp can feel like a big decision—and for good reason. The entity you select can impact everything from how you're taxed to how ...
I have two questions:
My wife and I are forming an LLC. Can we both have a solo 401K?
Can a portion of a standard 401k be rolled over into a solo 401K?
Thanks for the help
Hi all, although not new to investing (over 200+ properties since 2000) I am new to self directed retirement plan investing. It is my understanding when investing in rental properties, both long term and vacation ren...
Hi, I am a Canadian looking to start investing in buy and holds (small multis, 2-4 units) in Ohio in the next 6-12 months. I've heard about the main benefit of an LLC being that you're farther away from personal liabi...
How much weight do you put in these numbers? Do you use these numbers at all or are they completely useless?
Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
Does anyone know of any "name brand" companies that offer Individual 401Ks with a Loan option.I know eTrades. TD Ameritrade has an Individual 401K offering but no loan options.Everyone else I have found on the Inter...
I just wanted to say hello to the Bigger Pockets community. It's nice to be here.
I'm a real estate investor (residential rehab, wholesale, buy and hold) with property in southern Illinois, nort...
My neighbor passed away last year. He lived alone and has no family or good friends in the area. His house has gone unkept and I fear that it will crumble until the county takes it due to delinquent taxes. I' love to ...
I'm planning to sell a single family rental (5 yrs now) in CA and do 1031 exchange.- At what point do I need to make the election to do 1031 exchange? How much time prior to sell?- As I understand, part of the sale pr...