Economic Update
(Monday, August 10, 2020)

The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...

As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...

I just received my FIRST social security check! Only $704 because I didn't pay enuff taxes over the 42 years of filing returns.
Anyway, I took the retirement early and this is what I receive each month. Wifey and I d...

My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...

Will be purchasing first single family home investment later this year and wondering how many people would rent out their first investment property ever to family. Background: Have a good relationship with the brother...

Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...

I'm a new member, and this is my first post.We bought and are rehabbing a small house down the street.  We will be renting to our daughter as soon as it is complete.  I know from experience that working with family ca...

So, I've been searching for how I get my current investments into a Solo 401k.  After doing some digging I found that I cannot roll my current ROTH into a solo 401k.  I believe I can roll it into a traditional IRA whi...

Hello!

I am a realtor and investor in West Virginia and own several rental properties here and I am looking to expand and invest outside of West Virginia so I was wondering if you had any suggestions about wh...

A few years ago I converted a few 401K's into one self-directed/checkbook IRA.  I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...