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Results (10000)
Kiet N. Income verification, how do you spot the fake pay stubs ?
20 September 2021 | 36 replies

I ran across some ads on Craigslist regarding "novelty documents" service which provides pay stubs.Have you seen any of these in from rental prospective applicants ? How do you spot them ? Thanks !!!

Douglas B. Is it possible to open a self directed 401k with funds from employer 401k?
14 February 2014 | 2 replies

I have a 401k with my current employer. How do I get the money into a SELF DIRECTED 401k so I can use the funds to buy rentals?

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Nghi Le Is S-Election Necessary for High W2 Salary
9 June 2017 | 7 replies

I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips.  However, I've heard that you only need to pay high SE taxes up to $130k.  If my W2 Salary is $130k+, then my ...

Harry Metzinger Going from Traditional IRA to Solo 401(k)?
27 July 2017 | 31 replies

Hi BP, I currently have Traditional IRA funds that are invested in stocks, but lately I have educated myself about going the self-directed IRA route.  I met with a self-directed IRA custodian yesterday.  However, give...

John Smyth wholesaling while working for a bank
29 August 2017 | 3 replies

All BP Nation- I have a unique dilemma that I will love to hear your thoughts on. I work for a bank in New York City. While undergoing the compliance training I came across one of the prohibited outside activities for...

Andrew S. Individual 401k contributions / deduction
9 December 2020 | 3 replies

Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option.  I have a W2 job with a 401k plan and rentals as my side business.  I contribute ~$15k and my company...

Eric James Withdraw money from 403 (b) with penalty?
9 May 2017 | 8 replies

My current and past employers have 403 (b) retirement plans. I have put a certain percentage of my salary into the plan and they add 128%. The employer contributions became mine permanently after I worked at the jobs ...

Suzette Murray Partner on Title to Manage Rental Property
21 November 2016 | 7 replies

Question: Can a partner, using their own personal funds, who is on title as tenants in common with a partner that used SDIRA money to fund a rental property, manage and maintain the property for a fee? (Partner is lic...

Matthew Schwenke Solo 401k options for full-time W-2 employees
5 October 2017 | 8 replies

I'm a full-time employee with no recent self-employment income. My employer does not offer any retirement benefits and I will be in this job for several years. I already have a Roth IRA with stocks, and I know there's...

Elisabeth Lernhardt Tenets from hell, the sequel
28 November 2023 | 9 replies

Last month I got a call from a tenant, wanting to get out of the lease, because her husband was being relocated to Arizona 2 weeks before Christmas! They had been in the house for 1 1/2 years and had 5 more months on ...