K-1 losses, generated through depreciation and cost segregation, can often offset distributions during the hold period, minimizing taxable income.

Quote from @Jon K.: Quote from @Nate McCarthy: @Jake Andronico, thanks for the input--I agree that any deal I would propose would have to be compelling to the seller, hence this think tank!

I like how the City puts everything permit related on a portal for all related parties and contractors to see -- so there is no "he said, she said" down the road, and you can see where they've approved an inspection, or made comments needed to correct a deficiency.  

Roth IRA contributions can be withdrawn tax-free, but earnings may be subject to income tax and penalties unless the account has been held for five years and you're 59½ or older.Instead, consider rolling over your IRA into a solo 401(k) if you're self-employed, allowing you to borrow up to $50,000 or 50% of the account balance, whichever is lower.

@Chris K.  

:@Steve K.

Also, $200,000 of one of my investments has never shown up on the K-1, and no one answers my emails or phone calls to correct it. 

Some info below:https://www.clevelandohio.gov/sites/clevelandohio/files/Loca...From the City of Cleveland website:"The City of Cleveland’s definition of “Local Agent in Charge” is in Cleveland Codified Ordinance § 365.01(k).

I've gotten my distributions on time, got my K-1, and no capital calls yet.

Yes, 401(k) plans, IRAs, SEP-IRAs and all other kinds of retirement plans are still the backbone of your wealth accumulation, especially if they are self-directed.