Brit Sharon
Beginner Question about being self-employed
Hi Everyone,
I hope I don't sound stupid asking this but how does everyone who is self-employed qualify for a loan? I'm a web designer and after reading Rich Dad Poor Dad, I made an S-corp and funnel most of my expen...
Betty Carson
move a 401k to a self directed ira
how do a move a 401k account to a self directed ira so I could purchase a home
Krishna Chava
Small multi family: What is your property management model
How do you manage an apartment complex with less that 70 units? Do you have an onsite property manager and/or onsite maintenance tech?. Do you directly employ people or pay a property management company that employs o...
Alexander Johnosn
All of my money for down payment is locked away in 401k
Dilemma: I have $14k in a 401k that I want to use as Down Payment towards a house (This would be a investment property to rent out). Iv'e done the math, and I don't want to until until 63 to withdraw. I can get more ...
Rachel Luoto
401k vs REI: time for a change?
Hey friend :)I am currently maxing out my 401k, which leaves almost nothing left to save for a down payment. This made sense: my company offered a 25% match on 100% of my contributions. However, I am now planning to l...
Jackie F.
Thoughts on multiple entities??
Advice please. I am planning to start my business wholesaling.. I have worked for a wholesaler so I am not 100% novice.. I do not want wholesaling to be primary for me, My passion is fix and flip.. I love the risk, i ...
Damon Decker
Need LLC Op Agreement for SDIRA in CO
Hello, looking for a copy of an operating agreement to use for a "Checkbook LLC" out of my SDIRA in Colorado. I found this one for CA, but would like a CO specific one.
https://www.firsttuesday.us/co...
Nicholas Blaylock
What should I do with my 401k?
I just left my long time position at Home Depot and accumulated a pretty big sum of money. Without transferring my money to my new job and suffering penalty fees, what would be the smartest decision to make with my mo...
Dillon Robert Williams
Using Retirement Funds for Real Estate Investing
I am currently analyzing an off market deal in a small college town, that is currently operating as college housing with a "rent by the room" style.
In order to make this deal work need to use my own retirement fund...
Kyle Mitchell
Self Employment Tax on Asset Management Fee?
I just purchased my first two apartment building via syndication last year and we collect a 2% asset management fee. My CPA is now telling me that this asset management fee will be subject to self employment tax. I ...