William Walker
Analyze hair salon purchase
I’m close to purchasing a hair salon - this would be my first commercial investment. I’m familiar with residential and own a few SFH but this is new. Purchase price 100kRent $1,200/monthIt is one building with 3 units...
Ernesto Hernandez
Opportunity Zones - Latest Podcast
https://home.treasury.gov/news/press-release/sm0283Overheard this on the latest podcast, Amanda Han brought it up. As i understand it, the government will soon let you roll over your stock proceeds tax free into purch...
Brandon Shewbridge
OK Tax Gurus - Here's One For You
ScenarioA 401K loan was for partial funding on a personal hard money loan. The loan was defaulted on and the result was a total loss. The 401K loan was converted to a distribution when switching jobs so prepayment pe...
Luka Milicevic
Convert an employer sponsored 401k to self directed IRA
Just curious if anyone has any experience with this topic.I have an employer sponsored 401k. My employer matches my contributions up to a certain amount. I have a fixed choice of investments I can choose from. Is ther...
Russelin Kisiel
Solo 401k first hand experience?
I would like to know which companies you are utilizing for your solo 401k and why.
Thanks for the feedback.
Jerry Thompson
401k's Roths and Financial Independence
Hey all!Super new to BP but I've been scouring the site for info about using retirement funds to invest, and their overall value compared to REI. The amount of knowledge is overwhelming, but I'm hanging in there.My 40...
Daniel Showman
Using self directed IRAs to fund Real Estate purchases
I have been hearing a lot about self directed IRAs and how they have been used to fund long term real estate holdings. have any of you had any experience with working with a self directed IRA? If so could you shed a...
Luke Salisbury
Parents Retiring and I Want to Show Them Real Estate Investing
Hello,I am new to real estate investing. I have been listening to bigger pockets podcasts and have read a few books like Rich Dad Poor Dad, Tax Free Wealth, and The House Hacking Strategy. I thought of the idea of get...
Sienna Parker
Invest in 401k or save as cash?
Hello everyone! Amidst these uncertain times I’m assessing my savings and investment plan and strategy. I joined the workforce almost two years ago at a company that does 401k matching 50¢ to every $1 up to the federa...
Matthew Sutton
Buying rentals with IRA
I'm pretty disappointed you can't get a mortgage with an IRA...according to my research. I'd like to use the IRA and get 5 or 6 properties and not just pay all cash for one property.
Any tips on how to get around no...