We have zero debt aside from the mortgage and are currently saving (investing, IRAs, SEP IRA, HSA etc.) 40-50 percent of our income.

Couples can combine their exclusions, enabling them to pass on nearly $26 million, before or after death- Colorado (Act SB22-238) reduces the valuation for assessment of residential property, including multi-family residential property, from 6.9% to 6.765% of the actual value of the property (Increasing to 6.8% in 2024); and reduces the actual value used for purposes of the valuation for assessment of commercial real property by $30,000 and of residential real property by $15,000- IRS allowing bigger contributions to retirement accounts: Employee deferrals increase from $20,500 to $22,500, catch-up deposits (over 50) increase from $6500 to $7500 (all increases apply to 403(b) plans, most 457 plans and Thrift Savings Plans), and contribution limits for IRA’s have increased from $6,000 to $6,500 while catch-up contributions (50 and older) remains at $1,000-IRS increases income thresholds for the Long-Term capital gains brackets: 0% Single (up to $44,625) / Married (up to $89,250), 15% Single (up to $492,300) / Married (up to $553,850), 20% Single ($492.301 and up) / Married ($553,851 and up)References:https://www.mansionglobal.com/articles/5-property-tax-changes-hitting-u-s-homeowners-in-2023-01672313496https://leg.colorado.gov/bills/sb22-238https://www.cnbc.com/2022/12/31/5-tax-investment-changes-that-could-boost-your-finances-in-2023.htmlhttps://www.cnbc.com/2022/10/20/irs-how-much-income-you-can-have-for-0percent-capital-gains-taxes-in-2023.htmlhttps://www.redfin.com/city/6463/CO/Estes-Park/housing-market

I made up a little form on Word and sent it to my friend who was lending from their self directed IRA.

I currently have about $115k in my Roth IRA. $60,000 is contributions.

Maybe I’ll look into this as an option for funding real estate deals with my Roth IRA savings.

Despite the low purchase price, it was in need of a complete gut reno, so I was able to source some private funding from a local couple who loaned the funds through a self directed IRA. 6 months later, the property was 100% rehabbed and rented, at which point I refinanced into a conventional loan thanks to having plenty of equity right away.

Rentals, taxable accounts, pension, social security, IRA, Roth IRA etc. 

Invest in business, invest in yourself, invest in your education, invest so you have a good job, invest so you have good primary residence, invest in CD, invest in kids, invest in 529, invest in IRA/401k, invest syndication,etc,etc.

If you file a multi member LLC, the IRA taxes you as a partnership or a corporation and you have to choose.  

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/