So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?

I can also get a Home Equity Loan from Better Mortgage for another $70k and then sell which would reduce the taxable amount to about $130kCurious on thoughts from others if you would prefer to try and rent it out again or sell and allocate the money elsewhere. 

Hi Everyone,If you invest in a syndication using funds from your self directed traditional IRA can you take advantage of bonus depreciation to offset any taxable gains when you withdraw or convert to a Roth IRA? 

If a taxpayer does not satisfy section 6.01(1)(a)(i) of this revenue procedure for an item of depreciable or amortizable property because this item of property is placed in service by the taxpayer in the taxable year immediately preceding the year of change (“1-year depreciable property”), the taxpayer may change from the impermissible method of determining depreciation to the permissible method of determining depreciation for the 1-year depreciable property by filing a Form 3115 for this change, provided the § 481(a) adjustment reported on the Form 3115 includes the amount of any adjustment that is attributable to all property (including the 1-year depreciable property) subject to the Form 3115.

According to the IRS Office of Chief Counsel, a foreclosure on a rental property does indeed constitute a fully taxable disposition, potentially releasing previously suspended rental losses for deduction.Consider a scenario where a landlord purchases a property for $1 million, financed entirely through a mortgage.

So what happens is there is a differential that builds up over time where you get grand-fathered into a lower taxable value.  

One thing to note - The "2 out of the last 5 years" rule in real estate allows homeowners to exclude capital gains from the sale of their primary residence from their taxable income if they've owned and lived in the property for at least two years out of the past five years. 

I began to track my hours and where those hours went.My understanding is that I can use the STR loophole to reduce my wife's taxable income.

Your debt you are taking out does not incur any taxable event, so using that capital for your purposes is wise if you want to keep the asset the debt is held against, assuming your getting a better rate of return then if you didn't have the debt. 

If it has you will be changing tax free gains in to taxable ones and no amount of deductions will bring you back to even.