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So, I was thinking of moving my W-2 401k to a self directed 401k. I understand that all profits have to be returned to the 401k, and there is a rule that a payment can not directly benefit you. This is my question...
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Hello All,All of the properties that I currently own are inside of LLCs with 2 other partners. Some singles, some duplexs and a 4 plex. I would like to buy something on my own also for various reasons. Right now, we f...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $990,000
Cash invested: $260,000
4 acre property horse property that will be used to board up to 4 horses along wit...
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How do you describe where the tenant is responsible for, basically the half they live in on their side of the "50 yard line" of the duplex? What is your wording in your lease?
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I'm renting out a room in a 2 bed/1 bath apartment. An applicant makes 10x income over rent (after monthly debt payment) but has had Eviction Filed, Bankruptcy and a couple of Collections. The person was upfront about...
Hi, I'm about to close on a 3-fam property in Hastings and am looking for a handy man to take care of routine maintenance and any improvements I need to make down the road. I'll be self-managing the property, but wil...
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Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
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I'm looking to use my IRA to invest in real estate. I'm looking for any advise from anyone who is doing this and which company are you using as the custodian. Thank you.
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Newbie in Lancaster PA. Finally introducing myself after stalking the forums and binge listening to the Podcasts the past few weeks. No interest in leaving my current career but working on subsidizing our retirement...
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Hi Bigger Pockets Network, I am currently an independent contractor, which means that my employment status/income looks a little wonky on paper. Considering I work from home for my business this leads to what seems li...