John D.
Can I create a Solo 401K with only rental income?
I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
Andrew S.
Individual 401k contributions / deduction
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...
Daniel Kern
Deeper Tenant Screening
Hello. We have a unit available January 1 and just started showing it this week. Received five applications already. Just wondering any advice or tools people are using to more deeply screen/select tenants? In NJ, we...
Stephen Anthony
Employment Verification with Walmart
I recently tried to verify an applicant's employment information with Walmart and was told by a Walmart manager they have a blanket policy that they will not give out any information whatsoever other than confirming t...
Angie W.
What Questions do you ask when calling employers/landlords?
I have what looks to be very good potential renters. They have no evictions or judgments of any kind and on the application state that their income is more than enough to handle the rent and all other expenses.
...
Brad Tarry
Funding a Self Directed IRA
I recently left an employer where I had a significant 401K balance. Is it possible to roll a portion of the old 401k into a Self Directed IRA and roll the rest into my new employers 401K program?
Bernard Chouinard
Fidelity doesn't offer SD IRAs: Got Recommendations?
So I have an old 401K I'd like to convert to a SDIRA but Fidelity doesn't offer this. I'm in Central Massachusetts. Any recommendations on does out there?
John Allen
QuickBooks Self employed?
I'm looking for an app that can handle my real estate investment accounting.
I've done the trial for quickbooks self employed and loved it. But I didn't see an option to customize into specific properties. When I tr...
Vlad Gurovich
Can I rollover my old 401k into my spouses Solo 401k
Hi folks!I have been reading a lot about solo 401k this week and I have a question that I haven’t been able to find an answer to l:My wife is self-employed with significant taxable income and is eligible to open a sol...
Kyle Doney
401k Contributions From Personal or Biz Acct?
Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...