Account Closed
Kiyosaki talk. Write off RE with business??
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
Dmitriy Fomichenko
How to supercharge your Roth IRA or Roth 401k
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Jon Åge Stakvik
Newbie investor from Norway
Hi everyone! I'm Jon from Porsgrunn, a small city in south of Norway. I'm 28 years old and I've never done a real estate investment. I'm now looking more and more into RE investing. My motivation for real estate inves...
David Mazza
Portfolio Strategy Tax Question
Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
Daria B.
road easement into occupied homes not owned by owner of easement
Subject describes it all.What is the value or purpose of someone holding onto a "road" that has occupied properties (in this case all 15 SFR).The road is owned by persons from an original owner since passed on. The ho...
Isaac Hayes
Retirement Account 10% Penalty to Access Real Estate
I plan to purchase a four-plex in Columbus, Ohio within the next two months. I had planned on liquidating a standard brokerage account for the down payment. However, because I plan to retire and live off passive incom...
Emma Chen
After Winning Tax Lien Certificates Online
Hi all,
As I said in the other post, http://www.biggerpockets.com/forums/70/topics/116927-results-for-first-time-tax-lien-investment-in-az , I won 8 tax liens in Coconino county. I wonder what I should do to ...
Account Closed
Withdrawing money from a mutual fund to purchase real estate.
I hope this is the correct forum to post this question. I currently have a mutual fund account with around 25k that I would like to use towards the purchase on an investment property. Long story short, my parents set ...
Johnny Horner
Buy property cash with self directed solo 401k and refinancing.
Can a person use a self directed solo 401k to purchase a property cash and after you close get a loan and pay back the self directed solo 401k without any penalties? The thinking here is cash and quick closing makes ...
Jj Horst
Interesting situation. Possible to avoid cap-gains tax on rental?
So my wife and I owned and lived in a duplex here in Austin TX from 2015-2017 (just over 2 years). We then moved to a new duplex and rented out the original one. We are now selling the original duplex in order to fund...