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Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
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Is there a way to defer some rental income into some kind of retirement account when retired?
Lets say someone was able to live entirely off savings for a year, could they somehow put their rental income into a defer...
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Hello all,New to the site. Here to research and meet people in the industry. I've got the goal of purchasing my first Tri/Four plex by Sept 2017. Hoping to meet and learn from some people who have recently experienced...
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With the new tax laws, is it better to form a S-Corp for tax benefits vs. using an LLC?
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Hey everybody, I signed up for bigger pockets a few months back but haven’t begun to post or engage until now. I took my time going through the podcast and reading some of the suggested books, now I feel like I am be...
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Hello BP,I am looking for someone familiar with self-directed IRA investing or a custodian to come and speak at one of our local meet ups here in Minneapolis. I know there are a lot of rules a SDIRA needs to follow to...
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Hello everyone!
I recently contracted 2 properties in the Houston area that I’m looking to use my 401k as down payment. I’m looking for a CPA to make the conversion to a Self Directed 401k or IRA and knew this would...
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I'm going to be selling my first investment property in New Jersey. I was thinking of doing 1031 exchange, but I wanted to learn what the cons are of doing a 1031 exchange besides the deadlines to identify and close o...
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Hello,
Can anyone tell me how to take money out of my 401k to buy a property without being penalized with all the taxes? Or even if there is a way to do it.
Thank you
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Hi, I am a new member from Harrodsburg, KY. I am looking to invest in single and multifamily homes in central KY. I currently have 1 single family I'm rehabbing, One under contract, and a commercial building in my hom...