We are struggling with trying to figure out the best way to fund a new STR we are planning on.  Our funds to use for the deal is currently in an Rollover IRA.  How do we utilize these funds to purchase an investment p...

Should I withdraw 401k to pay for down payment for first rental.

Hello everyone!  I am trying to figure out if this strategy makes sense.  I currently have a about 20k left on a 401k loan that I am paying back. I used it to purchase some cash flowing rental properties.  The monthly...

Current situation - I'm 34 years old. A couple of years ago I rolled 75% of this 401k into my company's ESOP. I left that company in June of last year, but I was there long enough to be 100% vested. Since I rolled ove...

Hello,I am 62 and nearing retirement. I have a remaining rental property with a $120 K mortgage. Unfortunately, this property has a variable interest rate that is currently 6.5 %. Reviewing my 401K over the past 5 yea...

Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...

I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan.  Assuming My State job is unaffected by COVID-19, does anyone know if I ...

Alright, I have a question that I can't find information on anywhere. What better place than BiggerPockets to find an answer. So here goes!For 2022 my taxable income is going to be just under 240k which includes; 90k ...

I have a single member LLC (sole proprietor) and I'm wondering if I must pay taxes on an angel investment? I intend on withdrawing most if not all of the initial investment. Thanks!

Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...