I know I can move the money into a self directed IRA and going that route, but I’m curious if you can take a 401k withdrawal and use other tax losses within the year to offset the income tax.I live in California which has higher income taxes, I have a W-2 job and do not qualify as a real estate professional

Typically you can avoid paying penalties on Roth 401k's & Roth Ira's contributions that you made after 5 years of being vested. 

Find other means of obtaining money such as a friend with a self-directed IRA that's willing to loan you money at a specific interest rate.3.

PRTs are specifically designed to enforce your legal exemption right to protect assets from lawsuits and attacks.Aretax-oriented plans like IRAs seek tax deductions for contributions.

I recently moved 401(k) $ from a previous job to a Traditional and Roth IRA at Schwab.

The umbrella insurance will not cover self-directed IRA properties.

You are a disqualified person to your IRA. 

We own properties, but we've either taken out mortgages or bought one with an IRA. 

So probably buy for cash flow instead of appreciation and you’re also losing out on the depreciation deduction so make sure you have to do it in an IRA.

I have borrowed funds from a lender this year, but she used her self direct IRA.