Neel Shah
Solo 401k for passive real estate investors who works full time?
Hello,I work full time and have a 401k through my employer. I also invest in real estate and own 6 properties which are rented out. I wonder if I qualify for “Solo 401k”?Any help/thoughts will be appreciated. Thanks!
Sean H.
traditional IRA contribution?
-im entirely self employedSo, im looking at tradtional IRA contribution for the year and its based on mgai. If i made 175k for the year, and contributed the maximal to my solo 401k (57k), does that effectively bring m...
Abdul R.
401k questions
I got some funds tied up in three 401k accounts. two from prior employers; one from current employer. I would like to release those funds to invest in real estate. I don't like to loan money from my own 401k. What are...
Adam Keith Sloan
Relocating to FL from CA— Lender Question
Hello BP world, thanks in advance for the help!!
I am wanting to relocate my family to the greater Sarasota, FL area and I am curious how I achieved financing while living and still employed in California. We are w...
Mark Bradford
Can rent be paid from a payroll "draw" or garnish
I'm asking this question from a current rent (lease) situation. Example : A tenant just doesn't manage their monies well. So can I set up with an employer to pay the rent direct from their wages weekly?
Lois S.
Update Tenant Credit Info during occupancy?
I received a notice of changes to a credit card account, which includes a statement that "the issuer may, from time to time, obtain employment and income data from third parties to assist us in the ongoing administrat...
Account Closed
401k/ROTH options for investing in real estate
Hi all, I have a quick question. I see lots of people mentioning using their 401k or ROTHs for investing in properties, most of which are solo 401ks. I was hoping someone could break down the options for an individua...
Erik Kubec
Solo 401k, LLC taxed as a sole prop, tax minimization strategy
Hey folks,Any thoughts on the efficacy of this strategy?:We own several SFD rental properties held in our names. We file jointly a 1040.I have a single member LLC taxed as a sole prop. This LLC holds another propert...
Nazz Wang
Looking for Fannie Loan
Hello community,I am looking for direct lender recommendation for a few Fannie Mae cash-out refi's with 30 year fixed rates. I am interested in recommendations for companies that can work with only 1 year of self empl...
Brianna H.
Evaluating Applications
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do I ...