Hello, I listened to a BP podcast tonight (show 162) with @AmandaHan about tax strategies for saavy real estate investors. The more I learn, the more questions I have! This question is regarding self-directed IRAs (SD...
Hi all,I am getting ready to go through a divorce and am looking at getting about $250,000 from my wife's 403B. I currently do not have a retirement account except for my retirement from the Navy. I was told to set ...
After starting my LLC I'm looking into starting up a Solo 401K with it. Came someone explain it more so I can get a better understanding?
Hi BP,
My partner and I are on a mission to replace our salaries with Real Estate. We have some concepts and strategies in mind.
@Dave Meyer I bought your strategy book! I’ve been following BP for years and have so...
Question fellow investors... I’m in the Texas market. I’m placing my personal home for sell and downsizing as a empty nester. Plan to also leave my job and transfer my 401k to a self direct IRA. My question.. 1. I hav...
Has anyone used a Solo 401K to fund down payment on a home and hard money to finance the rest of the purchase and rehab of a fix/flip property? I understand that you can only use non-recourse loan with the Solo 401K....
I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...
Last week I was having a conversation with my dad about retirement. Like most people, the majority of his retirement investments are done via his 401k. I came away from that conversation thinking, “If I was in his pos...
In 2020 my wife and I plan to test retirement by living off our rental properties. I'll be quitting my 20 hour/wk day job because I think we now have the cash flow to retire. Our income (including wife) will be droppi...
Will banks count a 401k for 6 months reserves for each of your properties in regards to buying another property?