I currently have a few savings/checkings account with 3 credit unions (navy federal, merck employee, and american heritage).

Though a few years old, I still like this blog by Brandon Turner:https://www.biggerpockets.com/renewsblog/2014/01/29/investing-american-real-estate-serving-us-military/After working with many Investors, most of those who are new to it find that househacking a multi-family unit works best for them.

Typically, any fees the sponsor or manager of a syndicate earns, including Acquisition Fees, are taxed at ordinary income rates; while carried interest can be taxed at capital gains rates if the deal is structured correctly and the manager pays something for such interests to establish a cost basis on which gain can be realized.

Although I would not dismiss the thought of putting up a flyer in a VFW, American Legion, or Eagles building.

Use the American factfinder tool and you should easily get the data u want.

Although the amount withdrawn is taxable as ordinary income, you may be able to avoid the 10% early withdrawal penalty if the entirety of the funds were used for a qualified purpose which would include a qualified home purchase.Consult your CPA for specific guidance.

If it was me, I would look at actual expenditures, but add-back anything that is non-recurring/extra-ordinary (roofs, parking lots, repainting exterior, etc).

While the bill proposes to allow for penalty-free accesss to retirement funds, tax-deferred accounts (Traditional IRA/401k) would still be subject to ordinary income on distributions.Two very important considerations: 1.

The questions areHow the IRS will treat the sale of new land in this particular case - capital gain or ordinary income?

I'm also a rad, Korean-American (assuming here by your name), and trying to lock in the future with real estate.