Wouldn't not paying taxes on the $300/mo taxable income accomplish the same thing?

Of course you are taking your money out of the market and the loan will convert to a taxable and potentially penalized distribution if you leave employment for some reason.

Originally posted by Tom Cullen:With regard to my SDIRA, I'm still trying to find out if the points I earn are suppose to go into the account as interest (tax deferred), or to me personally as a taxable "lender fee".Both the interest AND the points go back to your SDIRA account.

Until recently, if the value of a borrowers house declined and their bank/lender forgave a portion of their mortgage (via a short sale or deed in lieu), the tax code treated that amount forgiven as ordinary taxable income.

+ another 3-5,000 in expenses (Car, Gas, Personal Advertising, etc, etc).That leaves our proud new agent with about $11,000 in taxable income....

I did a $60k renovation on a 'non-dog' in California, wiping out most of the taxable profits, increasing the rent by $800 a month AND not ever having to renovate the property again in my lifetime.  ;-)

I'm seeing conflicting information online.As a "dealer in real estate", my homes are treated as inventory.Because they are treated as inventory, is the purchase of a home deductible in the taxable year it was purchased ?

It is actually safer from a taxable boot perspective is you do the cash out refinance after the 1031 Exchange as opposed to before it.

Realized gain is 0.7.As far as I know, taxable gain is the difference between FMV of relinquished property and replacement property to the extent of the realized gain.

From her perspective, if she wants to sell, and if the taxable sale would be taxed at 15% capital gains rate, she might be better off selling for lump sum cash.