Have read the guides and working my way through all of the books, but seeing it in person would be extremely beneficial.

Would there be any way to partner with him to use my credit to help him refinance and pull his money back out to do it again that would be mutually beneficial for both of us?

Another option may be to take the distribution as cash but then I would be removing it from its tax shelter.That being said I know that I could reinvest the distributions into stocks, mutual funds, etc. although I may need to have the funds transferred from one account to another.

Depending on the account size and your tax situation, it may be beneficial to spread the distribution over a few years in order to avoid being taxed at a higher rate.The RMDs for your situation are based on the IRS's Single Life Expectancy Table, not growth.

Most agree that this type of entity structure is quite beneficial if planning to own numerous properties.

They are both beneficial, for different reasons.The LLC can provide anonymity and it separates your personal assets from your investments.

In your situation, I can't think of one beneficial reason to refinance the current primary.

Hi all, Once you have enough property on rental and you think that's all, you need to diversify your investment portfolio, but you have no experience on stock or mutual fund or EFT, you just hear them. what would you do when you first investing something else besides real estate. buy a SP 500?

However, two Appeals Court decisions say you can allocate mortgage interest and property taxes differently, by treating actual rental occupancy days as rental days and all other days — including days of vacancy — as personal days.Before the TCJA, the Appeals Court method was often more beneficial because (1) it allocates more mortgage interest and property taxes to Schedule A (where you could usually fully write off these expenses as allowable itemized deductions under prior law) and (2) it allocates less mortgage interest and property taxes to Schedule E, which usually allowed you to currently deduct more of the other expenses allocable to rental usage (property insurance, utilities, etc.) on Schedule E when applying the rental income limitation.But after the TCJA changes, some vacation-home owners may benefit from using the IRS-approved method instead of the Appeals Court method.

There's a certain level of "I want it and I got to have it" you have to have to see that any position is beneficial.