Shawn S.
SDIRA or IRA Loan
Would you advise trying to structure a SDIRA in order to put the money down on a few properties, or would I be better served to take out a loan from my IRA which would allow me to get the down payment money for one...
Kevin S.
CFP or CPA
Hi BP members,I want to use my 401K for REI. I looked into SDIRA but prefer to do a Roth conversion (pay taxes) and then invest in RE within the Roth. I am able to withdraw without penalty. Has any BP members done ...
Account Closed
Cash Back at Closing
I have heard that in Canada, banks are not usually comfortable with deals that include cash back at closing.I can not figure out why. In my opinion, the banks should really only care if they are financing more than 80...
Aiyman Khan
How to practically make a distribution in an S corp
I am trying to figure out that how will the actual draw for a distribution be made? Would it be mage through a W-2 paycheck as bonuses, or a separate check/bank withdrawal, or paid at the end of year etc... Also I wan...
Steve Shaffer
CARES Act 401K to Self Directed IRA Hack
Hello all! I am a multifamily investor in Fargo, ND and was looking at some of the CARES act provisions regarding the 401k withdrawal (not loan). I was reviewing the docs from my custodian and that led me to the act...
David Kim
What kinds of things to look out an exclusive sales listing agreement?
Hi folks,I'm looking to put my commercial property on the market. I've never worked on selling one before. I've been talking to a commercial real estate agent, and they sent me a sample of their contract.Is there any ...
James McCarthy
401k Hardship Withdrawal Under Coronavirus Cares Act
I've been practically day trading in my 401K to reduce the losses from this mess, moving funds back and forth between stable value to stocks a few times a week. So far it has been working very well but one of my trade...
Kevin Dang
Kinds Of Life Insurance Available
Life insurance coverage is considered a crucial foundation in any personal or household's financial planning. For many people and households, life insurance coverage is a very crucial method to secure their family in ...
Kaylee Loomer
How should I be investing at 18?
To be honest this is a bit off the topic from real estate but I am a bit puzzled as to how I should be investing into the stock market. I’ve learned all there is to investing into Roth IRAs, Index Funds and ETFs, but ...
Kevin Coleman
TSP to real estate strategy
Hey All,Over the last few years I’ve decided to change my entire investment strategy from accumulation to cash flow. It’s been working well so far. Recently, I’ve been contemplating withdrawing my entire TSP and buyin...