Isaac Martinez
Police Officer Retirement Decision
Hi I have approximately 8 years left to retirement I will be 44 years old when I can start pulling my pension from my law enforcement job. At my current pay rate I will gross $5,000 a month in retirement from my pens...
Account Closed
1099-R vs W-2 for Lenders
It is my understanding that financial institutions prefer to borrow to those with a W-2 showing solid income. I am about to retire from the military and will be receiving a 1099-R for my pension (I will also be self e...
Jeff Ju
How to calculate net of investing personally vs. defined benefit
I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
Robert Eaddy
Invest with Pension payout or leave it
Good Day all. I'm in late 30's and have been investing since 2008. I have built a portfolio of about 7 rentals over time. I live in Charlotte NC and my salary from the rat race exceeds the median household income for ...
Katrina Cabral
What is your knee jerk reaction to these tenant applicants
I have an elderly couple applying for my SFR. They provided too much info which I will share here. She is 62, he 70. She is retired from the postal service after 25 years, he is retired from Ford Motor after a 35 year...
Jeff Ju
Investing via retirement vs. personal cash
First off - I apologize for the duplicate post. I felt that this belonged in personal finance as much as it belonged in tax strategy. If it needs to be deleted by a moderator, I understand. I've found so much contradi...
Gerald Boone
Down payment for Investment
Can I use funds from my pension for a down payment on a property? The funds will be considered a loan from my pension.
Michael Trinsey
Using my pension as an investment in real estate
I have a pension worth 60,000 and would like to cash out. Does anyone know what and if I have to pay taxes on the money if I use it to invest in real estate? I'm 62 and I was able to cash out at 55 without penalty. Th...
Bryan P.
Withdraw from Pension?
I am 29 years old and a teacher in a rural PA public school. I've started investing in real estate. I had 34,000 in equity in my house so I took out a HELOC for a 22,000 property. It's working out well. But soon I...
Account Closed
Using a Pension distribution for real estate - Penalty Avoidance?
I recently was offered a pension lump sum payout by a previous employer. As a 45 year old, I have a few years left until retirement. I have 13 vested years with this previous employer with a monthly payment estimate...