They would not be  involved in jeff’s Roth IRA but they would be allowed to participate in the qualified plan that is tax deductible. 

Everything is a microcosm of the society at large, so it is reasonable to expect (and I think posting and participation numbers bear this out) that a good number of BP posters will be here for a week/month and then gone into the abyss.

If you can prove you passively participated in the LLC's activities, your flow through income will be capped at a 25% marginal rate.At the same time, if you materially participate in the entities activities, you don't get to enjoy the 25% cap.Crazy.Senate bill is now out and we have updated our Google Doc with a comparison analysis.

If you were a real estate professional for 2020, any rental real estate activity in which you materially participated is not a passive activity."

If you’re thinking of taking down a wall, ever need to know how to go about removing the façade from a building while it’s still occupied, or literally ‘raise the roof’ of a warehouse to create a mezzanine (and anything in between), I’m your guy.I have been reading, listening, and watching to as much REI related content as I can over the last several months, and I recently participated in Keyspire's 3-Day workshop (between July 23-25).

As a real estate agent, if you participate in wholesaling you may run into fiduciary responsibility issues, but you do not absolutely need a real estate license to sell real estate. 

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

I looked up Obama's voting record in chronological order and found that throughout 2005 and 2006, Obama participated in his duties as a Senator at every opportunity save for one day, 4.19.05.

Btw, this is exactly how MLM groups like Amway get their products distributed; by people who share a common vision and participate socially. 

Otherwise, glad to see other members of the legal community participate in the BP forums.