Brian Babbage
Cash Out Roth 401k to buy more units
Wondering what folks think about cashing out a Roth 401k to put that money to work in RE. I currently have a fully vested Roth 401k through my employer that has a sizable chunk of cash (definitely 2 down payments in m...
John Hall
2 Year Capital gains tax question
So my GF is going to be coming up on 2 years in her house, I'm talking with her about renting it out after 2 years, and then buying another house to live in for another two years.
My question is, does the capital gai...
Nikki Closser
LLC in both mine & my husband’s names? Or just one?
Is there a strategy or good reason to only put our LLC in one of our names versus both of our names? I already have my own business unrelated to photography, so I already have an LLC without my husband as part of it. ...
Duke Giordano
Syndication and taxes
Hey Guys,
Quick few questions
1 If I invest in a real estate syndication as a limited partner and I was given bonus depreciation year one where I had a $70,000 loss on 100k investment at the time of sale how are the...
Garry Hoffmann
making 1031 exchange tax free?
I'm an agent in Utah working with a client, and if i remember right there is a way for my client to do the 1031 exchange and put it in a trust or like entity to make it so even after there passing and the children inh...
Sandra N.
Borrowing from IRA to buy rentals
I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
Darius Moezinia
Capital Gain and 1031 exchange
do you have capital gain tax liability if the purchase price of the new investment property is less than the net proceeds of the one you are selling in a 1031 exchange? (Net proceed, includes Escrow fees, Title, 6% sa...
Rahul Gupta
Taxable income to 0 by investing in Multifamily
If we sell the two houses that we just rehabbed, put all the cash we get from that as a down payment on say 5 multifamily houses, would our taxable income be $0? How do we achieve that?
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Erica Thau
Gifting a rental property to a child
In California, looking to see the best way to gift a rental property to a child and best way for both parties to avoid as much tax as possible. Thank you!