Account Closed
How to issue a W2 to myself?
Happy New Year everyone! Let 2016 be a year of learning and prosperity for all.I have a question and I would like someone who has done this and has experience with it to help me out. I have been acting as a sole propr...
John Casmon
Need 401K transfer to SDIRA Tips
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
John Upperman
A Real Estate Investor is born ($75K Profit on first deal)
Hey BP Community,I became a BP Pro member in December of 2015. After years of talking about investing in Real Estate I decided it was time to take some action. I started using my hour commute to work to listen to th...
Alyxandria Welch
New investor looking for advice on IRA
Hello everyone,I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What ...
Cameron Marmon
Am I asking too much? 2 yrs tax returns & 2 mths bank statements
So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...
William Porter
New Real Estate Investor in the 413
HelloNew to real estate investment in Western Massachusetts. Our family has a fair amount of experience in real estate and we are looking to jump in feet first! My wife and I both have full time jobs at a local comp...
Landon Dolezal
Trying to project cost for an offer? Please Help
Hey i have a property I'm wanting to put an offer on, its not on the market yet. Its about 3.5 acres of land that has a couple residential houses, and a couple of mobile homes on it. However it no longer zoned residen...
James Davidson
401k withdraw & the Coronavirus
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...
Eric Bate
Tax: should I deduct or not, to qualify for a higher loan?
I'm in the market for my first property. Just got off the phone with a mortgage lender, and he suggested I don't go super aggressive with deductions this year (I'm self-employed as a musician, and most of my "jobs" a...
Brady Lucero
Capital Gains + State & Federal???
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...