I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...

Hey guys,
I have been trying to figure out if its more beneficial to take out the 100K from my 401K our not.
Can you please help me with that?
1) Lets say I do not take out and keep it in 401K. Then: 100K at 6% int...

Hey I’m seventeen years old and trying to figure out what to do with my money. I make upwards of 10k a year from a w2 job and save every penny. I want to own a multi-family house in my college town by the time I am 20...

I was thinking - is financial independence acheived when you have enough property to produce rent that will cover all of your monthly expenses, and then have some to put aside in case something happens. Is this right...

Hello,I am considering taking out a TSP loan to have seed money for an investment.  Those that have done this, what would be your words of advice?  Did it meet your intentions?  Was the loan repayment process as seaml...

What would be the better option when purchasing a first home, cashing out early your 401K, using that money as a lump sump down payment and facing the tax penalties, or making a smaller down payment and facing highe...

I'm verifying that my "accounting" is sound. I recently sold two buildings that we held for exactly 7 years. I'm doing the old "Did I do better than if I'd left the money in the bank" calculation and I want to run my ...

Hello, My name is Malcome Baggett I hail from Jacksonville, Florida and I am a budding Real Estate Investor. Currently I am taking an online real estate licensing course in addition to working full time and taking 16 ...

Hi, I'm a listener of the Bigger Pockets Money show and will begin listening to the main podcast you have!My husband and I bought a small home (685 sq ft) in Hawaii in Sep 2017, on a big property (8200 sq ft) with hop...

Curious what you think about 2010 becoming a market dominated by Investors as the First Time Buyer programs expire and inventory explodes. Could the government create a program focused on investors? Maybe the could ...