Neil S.
401(k)aos for Early Financial Freedom
Today I finished the book 401(k)aos by Andy Tanner. I will be graduating college and starting a full time job in the spring of 2018, and with that brings starting a retirement plan with a potential employer. I underst...
Josh Jacobsen
Sparkrent is closing?
I just got an email that sparkrent is closing its website to offer a "better experience" thru quick books. What are you currently using for online rent collection? And what do you like about it?
Peter Thielemann
The best tax advantage on cashing out the IRA if there is any.
I have a relitive that own's several rentals. He's suggested for some time now to invest in rentals. I have a few years left before I retire and I'm digging into withdrawing some money from an IRA. I'm looking into th...
Dustin Crawford
Cash in Indexed Annuity IRA for first Investment Property?
Yay! My first post!I'm wanting to buy my first rental property in the next six months. I can go and get a mortgage on a rent home, or I can cash out my IRA from a previous job. I am now a public school teacher in Texa...
Shawn Fletcher
Rule of 55 401K Withdrawal
Hello,
Can anyone recommend a financial advisor who really knows the in/outs of "the Rule of 55" for early 401k withdrawals"?
Key Points
The Rule of 55 is a loophole that allows for early withdrawals from workplace...
Radha Shankar Kallakuri
IRA withdrawal in 2016, closing in 2017. Penalty question.
Hello everyone, I'm buying my primary residence in a few days, and I'm having to withdraw funds from my IRA for the down payment. The closing is mid Jan, but my banker is asking me to get started on the withdrawal ...
Stacey Adams
Anyone every cashed in retirement funds instead of rolling over?
I am debating if I should take the penalty hit on cashing out my retirement fund and be free to invest the money however I want. I know everyone says its better to roll it over to self-directed but I need the money f...
Alton Bell
Needing to speak with a CPA
Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...
Tyler Harrel
Experience Pulling Money from 401K Plan
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...
Joe Giovatto
Should I Withdraw My 401K To Fund My First Deal?
Hey
everyone! I'm hoping for some advice as I look start my real estate journey. A
bit of background - I'm 28 years old, and have been contributing to my 401K for
the last 5 years. Thanks to all the great informati...