Repayment of loans are not taxable, but the interest (must charge at least AFR) would be taxable to your mother and deducted by you.If it was a gift, it would not be taxable to you.

To me they each have their place when looking at goals; a combination of some current supplemental income, some taxable retirement income to pull flexible amounts from to manage tax brackets, and some tax free income for additional needs. 

If you are not self-employed and therefore not eligible for that plan type in the future, then the funds would need to go to separate Traditional and Roth IRA's, respectively.The IRS provides a rollover chart to help understand what can go where when moving funds between plans:https://www.irs.gov/pub/irs-tege/rollover_chart.pd...Be careful with the loan in your current plan, as that may be deemed a taxable distribution if it is still outstanding when you leave your current job. 

I have been learning and listening about realestate investing for some time now and have questions about how real-estate can be used to reduce taxable income.

It is taxable at your earned income rates. 

Don’t worry about what state or whether it’s LTR or STR, you just need to know what business expenses can be deducted from the income to calculate the taxable income (mortgage interest, depreciation, HOA fees, utilities, property taxes, etc..).  

My spouse and partner in many of the properties is concerned that the cash out refi could be a taxable distribution from the LLC? 

Borrowed money is not taxable as income. 

That's when it will be documented that you did not meet the reinvestment target and created a taxable event.

I've never heard of the loan and I bank with chase but would like to discuss such a product with them bc I can't really borrow more based on income bc my income is only $15,000/mo and I have half my taxable income in play on a mortgage on my main residence and a 2nd home my son lives in.My assets Main Residence - $1.4M value paid $450k in 1996, $235k mortgage todayVacation Home - $700k value paid $450k in 2012, $240k mortgage todayRental Home - $65k value, paid off $900/mo rent Rental Home - $50k value, paid off $600/mo rentRental Home - $65k value, paid off $700/mo rentEmpty Residential Lot - $300k value, paid offCash available - $400-500k Net worth - $2.5M give or take but I've always struggled getting loans from the bank and its always been such a hassle so I'd like to know what my best option is to buy 1 or more properties and what I realistically could acquire at this point.