Dawn Anastasi
Cashing out a Roth 401k
I have been told all my life in saving into my 401k that you need to save the maximum that you can. So for many, many years I have been saving the absolute maximum allowed by the government every year into the company...
John Vo
Self directed Roth IRA to fund your deals
Hi everyone, so I recently learned about self directed IRA and the many ways it can help you when structuring your deal. I just wanted to throw out a what if questions to see if I'm on the right track. So here's the s...
Ryan Taylor
Is this a guidline of all lenders...
Straight to the point...HELOC on my primary...want to use some of it to purchase a new primary...I have not drawn any of the funds and deposited in my bank account...my question is...can I not use these "untapped" fun...
Rachan M.
Solo 401k distribution question
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Ryan Mattson
21 Year Old with stable income and father looking to invest
Hi all,I'm currently living with my father in an apartment in the Bay area, California. I'm quite interested in closing my first deal for a home, but am at a crossroads. I only personally have around $10k in savings, ...
Max Emory
Helpful Bookkeeping Tips for Real Estate Investors
CRAFT YOUR INCOME STATEMENT (P&L) TO APPEAR MORE "BANKABLE" WHILE STILL LOWERING YOUR TAX BURDENHow your categories/accounts are structured on the income statement (profit and loss) matters and this may help you "...
Raphael Ramos
Tax Deduction on Promissory Notes
Do you know if it is possible to have a tax deduction for interest/profits earned on promissory notes/PML? Like a K1. A Trust is in place. Thanks!
Account Closed
How to set up banking to manage 5 units
I have a duplex rental and a single family rental. I need to learn how to keep the money separate and set up the bank accounts for that.
Tarcizio Goncalves
Investing in RE with a 403b from an old employer
Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...
Drew Sing
250k & able to move/work from anywhere: wwyd for next REI?
Hopefully this is a fun “what would you do” RE question for the unique times we all live in:
If your goal was to get to $4000/month in income asap or by 2023 and you have/make...
50k in cash.200k in stock you’re com...