TJ Peterkin
Developing a PUD.
Greetings BP,
My family business acquired 45 acres of land and plans on developing a Planned Urban Development (PUD) in the Raeford/Fayetteville/ Fort Bragg North Carolina area. We've been in the rental business provi...
Tim Jernberg
Real Estate to fund SEP IRA?
Curious if I could purchase a real estate property with an LLC and use the revenue to fund a SEP IRA? Would it have to be the profit only or could I use all of the gross revenue? Any hurdles I should think of? TIA!
Ari Newman
Question about disqualified person to IRA
My 401K invested in a PPM a few months ago. It owns a small percentage (6%) of an entity that owns a commercial property. I'm not sure what percentage of ownership the GPs have but it's less than 50%. The GPs have ...
Isaac Hayes
Pledging Brokerage Account vs. Using Cash for Downpayment
I am planning on buying a 4-plex in Colombus, Ohio in December. I currently have funds for a 25% downpayment in a brokerage account invested in low cost index funds. My initial thought was to liquidate the brokerage a...
Brandon Peaker
Using Retirement Money
I was looking I to using me and my wife's Retirement money to fund my next deal.. She has a 401K while I have a 403B account through out jobs..I've heard that there are ways you can use this money and be able to put i...
Kitty Jedra
Keep 401K or invest $ on a rental property?
Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...
Toshiki Hoshino
Solo 401k transfer to Roth Solo 401k
Hello BP,
I have Solo 401k and I want to do in-plan rollover to Roth Solo 401k. End of the year is creeping up and I want to get this done. What is the step by step process? I understand you have to fill out 1099-R b...
Sasha Fukuda
Was my short term bond fund a mistake?
So, two years ago, I made hundreds of thousands of dollars in the crypto bubble and then lost most of it when the bubble popped. After that, i decided to take my ball and go home. I took what was left ($80,000) and pu...
Tim W.
Loan with 401k as collateral?
I'm looking for additional funds to finish repairs/rehab costs. I've opened a HELOC, done a cashout refinance, and opened a business credit line for the LLC already. I'm trying to be creative and find extra funds if w...
Bryan Wilkerson
need help on 1st flip w/ 401k
I'm about to hopefully start my future with flipping houses. I recently quit my job and want to use my retirement to start. It is not alot about 30k and will need all of it plus my savings to do it. I've read alot of...