Received an email today from eTrade requiring changes to be made to their 401k program.
eTrade is no longer supporting after-tax (nom-deductible) contributions to 401k plans (aka closed the door on roth conversion a...
Is there a benefit, tax wise or other, for paying all renovation costs to the contractor including materials through an LLC for real estate investing? Or is it more beneficial to pay personally and direct to the contr...
I am very new to Real Estate investing and I am looking into borrowing from my 401k to buy my first rental property. Is it a wise idea to borrow from my 401k if I can take a HELOC out from my current home I live in? A...
I'm posting this in the Investing area since I feel investors will be more knowledgeable about tax implications.I'm trying to sell a family member's (my aunt) house in Queens, NY and convert it into a cash flowing pro...
Hello BP San Diego,
I'll be relocating to the San Diego area this month, and will be looking for a multi-family home to live in / rent out. This will be my first property and I'm interested in speaking to a RE attorn...
Hey All,I just used a cash windfall to buy my dream home in San Jose for 1.6M and, as it was very dated inside, I am spending 200K to dramatically upgrade the kitchen, bathrooms and flooring with premium materials an...
I searched for this topic earlier, and it did not yield many results. I am planning to wholesale houses initially, and then move on to flipping homes, buying and holding, and much further down the road getting into co...
Hi Everyone,
I have a former primary residence that I'm renting out and I can no longer qualify for the capital gains tax break if I sell it (have been renting it out for 3+ years).
My question is if I do...
Hi..This is my first post! :) - I'm still living in the condo I bought foreclosed in 2015 and now have $150k in equity. I can't currently rent my place out due to HOA ratio / rental rules..but can rent out a room that...
We invest in new jersey. Buy and hold. In our area another investor has ran into financial problems. His properties are over leveraged. One bank has put 3 of his notes up for sale. Each note contains 6 properties. T...