I changed my major from Accounting to Real Estate back in 2018 when I was attending Glendale Community College.

Account holders can't take any write-offs personally for investments made in the 401k.

My custodian does not have a money market or similar sweep account to keep idle cash earning.

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

Additionally, we have a decent amount invested in retirement accounts, which we plan to continue building over time.As part of the move, we’ll be purchasing a larger home.

I’ve got her dealing with 8 properties which have individual accounts.

No one accountant is an expert in all areas in the tax code, so best to figure out what you want first in the world of real estate and then dive deeper there. 

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.

I once made the mistake of chasing multiple listings at once, which turned into a disaster.When I shifted my focus to serving one client at a time with honesty, integrity, and accountability, referrals started coming in without any marketing.