Hello BP,I am interested in switching my 401K over to a self-directed IRA. Does anyone on BP know how this process works?
Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...
Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...
Hi,I appreciate all the advice I've gotten here so far - what a helpful group!!This is our first rental. We've had a ton of interest but only actually received 2 applications (we listed it last week). I've decided t...
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan. Assuming My State job is unaffected by COVID-19, does anyone know if I ...
I have a rental available and was contacted by a New Jersey (NJ) organization called Bridgeway Community Partners in Mental Health aka Bridgeway Rehabilitation Services.It sounds like they send out their own inspector...
Good Morning Fellow Investors!
Here is the dilemma. My partner and I are wholesaling and splitting everything 50/50. We are doing these deals under a company that he had before we started so at the end of the year ...
Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...
I’m trying to buy a property right now. My bank came back and says that because they don’t like who owns the company I work at, they don’t want to lend to me. Can a bank decline my loan because they don’t like the own...