29 January 2023 | 8 replies
You invest for wealth accumulation and cash flow, and tax benefits are just an icing on the cake.
13 January 2023 | 348 replies
He can distribute the property out of the 401k as "in-kind distribution" and only then, once the property becomes his personal asset would he be allowed to use it personally.The personal use of the property would not be considered a "distribution", it would be considered a "prohibited transaction", see:https://www.irs.gov/retirement-plans/plan-particip...I'm sorry to blow off our plan but you can't have your cake and eat it.
11 October 2017 | 192 replies
I like appreciation, as FOR ME it is icing on the cake because my cards for my Cash Flow game.
23 June 2018 | 10 replies
If you do buy here don’t forget to look at the “opportunity zones” if any of them would work for you the tax savings are just icing on the cake.
19 May 2016 | 2 replies
Its very cool to see how far I have come with what I know alone and where I am headed with belonging to a very distinct group of family here on biggerpockets.Its like the best Ice Cream with birthday cake only difference is it ain't my birthday til Jan. 24- Aquarius.If I ever seem out of place then my own thoughts are conflicting my entire personality.
22 March 2017 | 19 replies
You're kind of trying to have your cake it eat it too :I want the tax treatment as though my house was my primary for 2 yearsI also wanted/made rental income from the house for 11 months though You picked a bad day to ask it's a corporate tax deadline so no one else has chimed in yet haha hopefully @Brandon Hall or@Jake Hottenrott Can chime in with their wisdom.
29 May 2019 | 4 replies
It is a SF 3bd/2bath in a fairly desirable area and conveniently away from my primary residence, so travel to home and Home Depot is a piece of cake!
1 May 2024 | 38 replies
Revshare component and the ability to build a downline was just the icing on the cake.
6 July 2018 | 23 replies
You have Tustin, Anaheim Hills and Yorba Linda.