Alexander Quan
roll over to new 401k provider or move to solo 401k?
Hi BP Community!I wanted to run this buy you savvy investors on what you would do if you were given our situation. So, I have a 401k from previous company Walgreens and now I work at CVS pharmacy. I am going to be all...
Ben Pepin
Real Estate Investing While in the Military?
I am 18 and in my senior year of High School. I want to eventually start investing in and renting out properties. But I also want to join the military to save up some money and for the benefits like the free school an...
Kin Lay
Help with structuring my income with 401K and IRA?
Hi everyone,I graduated from university about 9 months ago and had began working in the corporate world. I earn about $68K per year right now and I am single. My company do 401K with cash balance formula, which it mat...
Elsa M.
How can I save more?
Hi everyone, this is not a real estate question but more of a personal finance question on how I can save more for my future. I am currently working part time, I have a 401k and a savings account. I am in the process...
Larry Flanagan
Can I become an investor/member of an LLC with no recourse?
I have been talking to a guy who is looking for equity investors to start a business. He plans on structuring the company as an LLC with each investor owning a % based on their contribution. I am interested, but I d...
Chris Odell
UBIT for Self-Directed IRA
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...
Alex Yakubovich
Backdoor Roth IRA and Pro-rata Rule
Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...
Derek Zeigler
Roth 401(k) vs brokerage account
Alright so What is the benefit of contributing to a Roth 401K vs self investing in a taxable account granted you have the discipline to invest. I am looking to invest more in RE and like the liquidity that a non 401k ...
Justin Litchfield
Balance sheet
I have owned a rental property for seven years and my two brothers wanted to buy a couple more so we started an LLC and bought two properties. I've always done my own taxes, I never had any problems and kind of enjoye...
Brian DeLorme
Borrowing from a 401K to purchase a rental property
Anyone out there borrow from their 401K to purchase a rental property? How did it go?