I have two family members willing to contribute private money on a flip. How would the following situation work out legally? And how would you consider the profit sharing in the end?The funding would go as follows. (U...
I have a full time job and rental properties. I'm looking for ways to reduce my taxable and am looking into whether 1) I qualify for a solo 401k as a landlord and 2) whether it will help me reduce my taxable income. I...
My husband and I are setting up a solo 401K with a Roth IRA sub account . Are we allowed to fund it with an old Roth rollover or can we only make a new annual contribution of 24K?
Hello all, I hope to contribute to this site.
Let's talk partnerships!How many of you partnered with members who came to the table with less than or no more than $10,000 towards a deal? Let's say the property was about $100,000, and the cost of the rehab was abou...
Hello, Currently my business owns a piece of property that is paid for and has a corporation tied to it. We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to ...
Howdy everyone. Hope you are all doing great!So, this year, I will make around $140k on paper. I make right over $70k at my day job (with... no benefits, yes I know, moot point) and my rentals will pull in right arou...
Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
Hello Bigger Pockets! I am seeking some advice on withdrawing from my Roth TSP. I finished my active duty last August and have not done anything with my TSP since then. It has continued to grow, but I am interested i...
Hello Friends!Just looking for some advice on an old retirement account and how to start a new one.I have been self-employed for about a year and half now and putting off moving my old retirement account. At my previo...