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Results (6154)
Chris Anderson Taking the Leap. All advice welcome!
15 May 2023 | 14 replies

Hi everybody! I'm Chris Anderson, a new investor in Florida. Been watching and learning from the sidelines through mentorships, watching BP podcasts, and now about to finish my education for my real estate licensure h...

Account Closed Solo 401k
29 May 2015 | 23 replies

I have two questions:

My wife and I are forming an LLC. Can we both have a solo 401K?
Can a portion of a standard 401k be rolled over into a solo 401K?

Thanks for the help

Will Schryver Anyone have experience using 401k to fund their LLC?
8 March 2021 | 21 replies

Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...

John Richardson 40k Cash but no proof of income. Been working abroad for past 5 years
27 August 2014 | 10 replies

Well I'm moving back to the USA soon and would like to buy a fourplex for around 200k with a 20% down payment.  However I have been living and working abroad for the past 5 years and have no proof of income in the USA...

Anil Sharma Buy and hold decision
20 February 2015 | 17 replies

Hello everyone, I understand the relevance and the idea of minimum 1% rule. Based upon online research in my surrounding areas and the prevailing monthly rent they have the potential to generate, I am having hard time...

Kaitlin Neary Short Term Rental Bonus Depreciation for high income earner
13 February 2023 | 10 replies

Hello all! We are relatively new at real estate investing, and are looking for ways to still secure properties in 2021 and benefit from a tax standpoint. We do not currently have REPS, therefore had heard a good way t...

Curtis Steinman Flipping in a Self Directed IRA
27 January 2018 | 12 replies

I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties.  I will be buying the properties using case from the SDIRA and reinvesting the profits back into it.  So I w...

Steve Chan Why keep money in your 401K?
3 June 2020 | 60 replies

If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...

Jonathan Greene Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies

This trend has been growing increasingly, but it's actually hurting most new investors. I've read so many posts from people in their early 20s talking about getting out of the rat race before they are even in it. Mayb...

Christopher Smith IRC 179 Question (as modified by the TCJA)
12 December 2018 | 18 replies

I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...