This is more of a tax questions that real estate, but the funds would then be investing in real estate.My plan is to set up a Solo401k before the end of the year, but have a few questions during the planning phase bef...
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
As I grow more educated in the area of personal finance and investing, I am realizing that the $$ sitting in my 401k could be doing much more for me. I am 36, $140K fully vested in my company 401k. I do have other s...
I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I pu...
I am a 34 year old married, father of one. My job requires us to move every few years and we decided to purchase a house at each location as a rental/investment property. This all started by accident when, in 2012, we...
My wife is looking to get her real estate license in Colorado. One requirement for licenses in Colorado is that you have to work under a broker or "hang your card" in a brokers office for at least 2 years after receiv...
Hello, I listened to a BP podcast tonight (show 162) with @AmandaHan about tax strategies for saavy real estate investors. The more I learn, the more questions I have! This question is regarding self-directed IRAs (SD...
Hello I have been hearing about Self-Direct for some time now, but would like to speak with someone who has experience in the area.
Hi guys! So, I am new to the real estate business. I was getting excited about the whole fix and flip aspect but with taxes and confusion of it I'm not sure I am ready without a little advice. I will be meeting with m...
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...