Conner Parsons
Solo 401k Plans v Self Directed IRAs
Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
Paul Aqua
Should I still save alot for retirement if I own alot of rentals?
Hello Everyone! So I currently use a SEP IRA to set aside money for retirement but I was wondering if that money is better used towards buying more rental properties. Especially since I plan on using rental properties...
Jacob Masters
TSP/403b/457b vs. Rentals
Confused about what is the best decision for me and my family. My wife and I have access to three pre-tax retirement accounts, each of which have good low cost index fund options. I expect that we could max out all th...
Jose F.
Buy Real Estate without selling your Crypto
Hi guys
I am looking for insights in this community about what would be for you guys the best approach as crypto investors to use your holdings as collateral to buy assets in real life like real estate, car loans...
Jason Nazarenko
My CPA "to increase Net Worth, you must pay taxes"??
Hello BP family!! I have been reading a ton of books lately just like @Jesse East (Tax strategies for the Savvy Real Estate Investor & Advanced tax strategies...) I have been anxiously awaiting my turn to talk to...
Guy Yoes
Is this strategy worth the effort?
In a nutshell: I have 3 properties with no debt on them. The current value of them is about 260K. After doing taxes I notice all my income is passive (not an RE pro) and while I can take some losses I don't have any i...
Mimi H.
Solo 401k + Business Structuring
Hi Everyone,I'm presuming that I'm not alone in this and would love to hear how others deal with this situation:1) employee at a company that offers a small matching on 401k2) owner of properties with cash flowWhen I ...
Tom Scott
Are You Making a Living?
Hi all. I want to get a feel for how many on here actually make a decent living in real estate verses are just doing "OK". Obviously I realize we probably cover the spectrum from no real estate income all the way t...
Benjamin Sussman
Should I reduce my 401k contributions to zero?
Just finished reading Set For Life. 401k's let your wealth compound tax free but if you're in a higher tax bracket later in life, you're differing your tax bill to a higher tax bracket.
I also want to accelerate my a...
Tyler Burlison
What to do with gains from rehab/flip
Hi everyone,
From what I understand about short-term real estate gains, a way to avoid them is to buy another and do a 1031. Are there other ways to shelter the gains from tax? The amount will be between $30-40k in g...