Michelle McGinty
Withdrawing from retirement accounts
I just recently stumbled upon the FIRE community and BiggerPockets. Seems to me that many people who have achieved FIRE got there by maxing out their tax advantaged retirement accounts and then use the 4% rule to liv...
David Stefanovic
Using 401k to pay off Debt on Investment Properties
I always thought it would be great if I could take out what I have saved in my 401k and pension plan through my employer and use the proceeds to pay off all my mortgage debt on my investment properties now, as I look ...
Alton Bell
Needing to speak with a CPA
Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...
Steven Gralow
More Cost Effective Withdrawl: Vanguard Roth IRA vs individual
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
Edwin Zamora
Heloc options and advise
Hi bigger pockets community! Im hoping someone can throw some advise my way. Here's my situation. I am currently working on buying a second home to house hack. I plan on using the equity I have in my current home to f...
Allen W.
Avail Management Software
Hello everyone,Does anyone have experience using Avail Management Software? I'm using them (for now) to self-manage and I've learned that the tenant can choose when money withdraws from their account E.G. Initiated pa...
Daniel Dietz
Selling to a Prohibited Party AFTER taking a property out of SDIRA?
Hello,
I have not been able to find this specific topic in the archives, so here goes.
Scenario; An individual purchases a house as a rental property within their SDIRA, AFTER they have turned 59 1/2. They then hold ...
Shannon Dennis
Using 401k withdrawal like private money
Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...
Jason Avila
Thrift savings plan loan
I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
Coreyell Lincoln
Down Payment from 401k
Hey BP, I’m completely new to Real Estate Investing and I want to get in the game NOW. I have an LLC established, opening my business account soon here, and want to know about my first down payment. I don’t have an IR...