Daniel Dietz
What Qualifies as "Self Employment Income" for setting up SOLO401
Hello All,I am going to be talking to a couple of the "Pros/Vendors" for are so sharing of their time and knowledge here this week about setting up our Solo401k accounts, but thought this might be a good question to a...
Amanda G.
Move allocation from self directed IRA to self dir ROTH issues?
Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...
Diana B.
TFSA or RRSPs?
Any Canadians here? I invest most of my money into my corporation for buying properties, so I have a lot of TFSA and RRSP contribution room. I do contribute a little to RRSPs, but I haven't seen the point in TFSAs....
Blake King
Where to save for a down payment?
Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...
JR Paulemon
Infinite Banking Concept
Hello BPA few weeks ago, I finished reading Becoming Your Own Bank (The Infinite Banking Concept) by R. Nelson Nash. Prior to reading the book I have been pursuing my 1st multi-family apartment deal in the Orange Cou...
Ryan Adams
noob attempting tax lien investing in illinois
I'm in Illinois and the annual tax lien sale is coming in the county I live in. I've read Loftis' book and all the forum posts I could find that specifically talked about tax liens (and at least most of your blog pos...
Carlton Wood
$25,000 Offset Question???
What’s up BP!!! Have a question about the $25,000 offset I’m hoping someone could answer for me. To be clear I’m referring to the up to $25,000 in passive losses that the IRS allows you to offset your earned income by...
Nick Weidner
Borrow from 401k for down payment
I was looking to barrow $25K from my 401K. Talking with a co-worker our 401K allows us to borrow up to 50% up to a certain dollar limit at 4.45%. I was going to pull the $25K over 36 months paying $371 bi-monthl...
Isaac W.
Worth it to hire a CPA for a side gig that only brings in <7,000K?
Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...
Lynn Henley
Tax Lien on Parking Lot
I own tax liens on the parking lot and entrance driveway of a townhouse subdivision. Thinking ahead ... if I end up with the deed via a tax foreclosure, what are some creative things I can do with the entrance and...