I’m a full time realtor with a retirement income of about $4000/month

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  • July 8, 2023 at 6:10 pm #84902 Reply
    USER

      My 401 account is at about $300k and my goal is to add to my monthly cash flow when I retire which will be in about 5 years.

      I would love a strategy to use it to buy more real estate but don’t want to add to my tax burden by withdrawing it. Any suggestions?

      July 8, 2023 at 6:10 pm #84903 Reply
      Ross

        You can use retirement accounts to buy real estate, but it’s very specific and you need an company that specializes in it. It’s mostly accounting.

        July 8, 2023 at 6:11 pm #84904 Reply
        Jonathan

          Look into a solo401k. You can buy real estate inside with leverage or without.

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