Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...
Hey BP,I have converted a couple long term rental units to short term in 2017 and plan to convert several more in 2018. I was hoping to get in touch with a CPA to work on some tax planning for 2018 as well as get a b...
I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...
Hey,
First of all, I am not sure if this is posted in the correct forum. Feel free to move it if it belongs elsewhere.
I am still in the very early process of starting to look into real estate investing, I am not 1...
I am an Army Officer in my mid 20s. I am getting stationed at Cannon AFB in New Mexico and I found a four plex that has an asking price of $350,000 in the nice part of the city. Each unit rents for $950, and the owner...
I have to perform a roommate switch out in one of my properties. The tenant lived there 3 months and paid a non refundable pet fee. I am trying to figure out if I should return a prorated amount or keep the fee. An...
Hi, I am brand new to the forum and from what I have read so far it seems like a wonderful resource for real estate investors. I recently graduated from college (May 2014) and quickly started investing in multi-famili...
Good morning, and thanks to anyone with the patience to read and respond to my questions! I'm looking to purchase a home in Seattle and am wondering if I purchase a property, how likely or what are the possibilities t...
Just wanted to introduce myself and hopefully meet some people. I'm currently in St. Louis... live in the Dogtown area. Plan to buy my first property in the next few months if I can find the right deal. Buy and hold. ...
Hello everyone,
As I sit here reading a stack of REI books and real estate salesmanship books I realized how often I read lines in my books like this, *please note I’m paraphrasing these may not be exact quotes “I ...