Joe Au
How to convert to self directed 401K
If I am actively contribute to my 401k with my current employer, is that mean I can't convert that to self directed 401k?
Yuliany W.
Withdrawing funds out of a 401(k)
Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
Elliott Hall
SD Roth IRA vs Typical LLC
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
Sheila Thomas
Re: lowering taxes
Hi! My name is sheila and im a nurse and my husband works for coke. Last year i made 247k (before taxes) and my husband made 80k. Our taxes for 2022 was 54k so we ended up owing 3200. In 2023, im estimating making 312...
Patrick H.
Commercial property, taxes, and estate planning
Hello,I am looking at acquiring a commercial property (strip mall) from a family friend and trying to come up with some attractive ways to make an offer that. I have had preliminary discussions with the owner (he i...
Nathan Lichtman
Real Estate and Taxes [Canada]
This is a very hard area to learn as a new investor. Accountants usually don't give you the time of day if you are under 1m from my experience and aren't apt to answer a bundle of questions. My question is this, I was...
Joseph Brown
Using Rental Income+Equity to purchase 2nd Rental
Greetings. I am trying to wrap my mind around the potential tax benefits, deprecation, and cash out opportunities of a fully owned property with the intent of reinvesting into another property and increasing cash-flow...
Daniel Grandfield
Calculating Amortization for EBITDA
I was trying to determine the unlevered free cash flow for a property and was wondering how to determine the amortization that you are suppose to add back into the equation. Below is the equation.
Unlevered free cash...
Sarah Buchanan
Prospective tenants with new jobs / commission / independent contractor
I own and manage several SFR and have some interested tenants (roommate situation) who meet my screening criteria (good credit, income 3x rent, great references), but none of them have solid work contracts. One makes...
Mike Stiffler
Non-resident landlord - pay state income tax twice on stock sale
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property ...