Tyler Bailey
To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
You've created a ton of equity.It's challenging to roll over the money with a 1031 into a syndication.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
Now, you can't do this with yourself, your business, and certain family members, due to the prohibited transaction rules governed by the tax code 4975. 2) Some individuals have large pre-tax 401ks that they rollover and then convert to the Roth IRA, paying the taxes now so they dont have to pay later out of the Roth.
Andrew Montgomery
What creative financing method would you use in my situation?
20 October 2024 | 14 replies
However, if you have 401k money from a previous employer, you can do a rollover to a self-directed IRA and begin deploying that capital into real estate investments.
Kelsey Vander Meulen
After transferring ownership, when does 30 day period to evict start?
20 October 2024 | 12 replies
Let the old lease roll over month to month.
Anne Christensen
Best Down Payment Option
15 October 2024 | 16 replies
Here are some important facts with respect to borrowing against the 401k: 1) It must be a 401k, once you rollover your funds to an IRA, you don't have that capability. 2) You can only borrow up to 50% not to exceed $50,000. 3) You must make at least quarterly payments, with an interest rate set usually at prime + 1%.
Matthew Freese
Tax Deduction Rollover Into Next Year
9 October 2024 | 5 replies
If your income exceeds $150,000, your ability to deduct passive losses from rental properties is limited, and any disallowed losses carry forward to future years under the passive activity loss rules.Yes, the deductions can accumulate and roll over year after year.
Ben Stanley
How to utilize $9k in a 401k
10 October 2024 | 9 replies
If not you can rollover your old 401k(s) into a new 401k.
Art Webb
IRA to Roth IRA Conversion Strategy - Is this a sound strategy ?
11 October 2024 | 2 replies
I could roll over those amounts into another Roth IRA of my choosing.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
@Tanya Maslach can use the 60-day rollover rule to avoid penalties, but funds must be replaced within 60 days.
Cris Lowe
ROBS 401K Rollover - Buy and Hold
3 October 2024 | 4 replies
Hello,Long time lurker, first time poster.I’m running into a bit of a problem and I’m in search of some guidance and a CPA.I did a ROBS 401k rollover to a c corp for real estate investing in the spring.