Alex Moazeni
Property tax has been increased by 28%
Hi .All my properties taxes have been increased by almost 28%.I've tried to protest one by one at I did. So sounds like it didn't work. Just received a tax statement and all of them was increased by almost 28% on taxe...
Art Webb
Roth Conversion Using Oil and Gas Tax Deductions
Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against ...
Gp G.
How to use 401k money
Hi,I have some money in my company 401k. They have strict guidelines to remove money which is almost impossible to remove (with exceptions like health conditions, primary home etc.).If I change company will i be able ...
Sharon Ho
Finances of a Real Estate Investor
I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate. As you build your wealth, what are your "must have" numbers or "must do's" in life? Many recommend ...
Walker Seid
self-directed 401 k loan
I'm interested in rolling over my 401k into a solo 401 K in order to take out money for a down payment on investment property. is this a good idea or a bad idea? I'm wondering if it is a better idea than pulling my...
Denise Holder
IRA, Self directed IRA, distribution. Oops
Hi, I've gotten myself into a big pickle by taking a distribution out of my IRA believing that if I transferred the money from my traditional IRA to my Self Directed that I could spend it on Real Estate penalty free, ...
Deborah Tuck
Tax Deed Funding
Hi. At tax deed sales in some counties, it is possible to put a property 'under contract' ( ie pay a percentage of the full auction price - usually 10%) on the day of the auction, then have around 30 days to pay the r...
Riley Kuranishi
Foreign Investment Guide
Hi BP!I have some foreign investors that are looking to invest in some real estate in Washington, would someone be able to provide me some insight as to how they would accomplish this and the tax implication they migh...
John Hyre
Wholesaling in retirement accounts not legit
Carl Fischer had reminded me of an article I wrote two years ago. The gist: Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...
Paul Passafiume
Kentucky Tax...they are accusing me of not paying
Here's the skinny...I paid my 2017 Kentucky state income taxes on time and each quarter and correct. (most my income is self employed)KY has an online payment portal. Apparently there was a glitch or else I selected t...