Cameron Price
How do you ACTUALLY set up a self directed 401k
After researching different retirement accounts, I've decided that a self directed solo 401k plan is a good fit for me. I have self employment income and no w2 employees. When I search for how to start an account, I g...
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
Menachem Krasnjanski
Equity after a refinance
Myself and my partners are refinancing out our capital contributions to a deal and are having a disagreement on how to divide up the equity. One partner (who contributed significant capital and had significant equity)...
Michael Gust
1031 Exchange and Solo 401 (k) questions
Hello Bigger Pockets Friends! Looking for guidance on two questions related to single family detached rentals. 1.) If I sell a rental that I acquired using 100% qualified retirement money from a Solo 401(k) and immed...
Andrew Pettit
Traditional IRA Tax Question
Good Evening BB, I have placed the maximum contribution for 2019, into a traditional IRA to maximize my tax deduction. My first question would be that while I have not purchased any securities with my IRA mon...
Mike Montana
Interest deduction on cash out REFI
If you own a SFR without debt and REFI the property to cash out the equity then use the cash to invest in a syndication or buy another rental, is the interest on the loan collateralized by the SFR a tax-deductable exp...
Luka Milicevic
401k, IRA, Roth IRA and other retirement stuffs
Was hoping someone familiar with the matter could shed some light on the matter.I'm 30 years old now. I will have the option of retiring in 5-7 years. I probably wont, but I will have the option. I've invested all my ...
Ronald Perich
Why you need to take an active role in your future
I started investing in real estate when my employer made changes to the pension plan (they stopped contributing to it). I was facing a shortfall in my retirement plans as a result of this change that I needed to make ...
John D.
Can I create a Solo 401K with only rental income?
I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
Michelle B.
Purchase Flip With 401k - Help!
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...