Hi all, Brand new here. I’m establishing a solo 401k to invest in some flips and eventually multifamily holds. I’m looking at how I can do this in partnership with other investors who will use cash and/or loans.  I’m ...

Hey folks,
Would really appreciate some ideas from the forum CPA's, tax lawyers. My wife and myself are having full time jobs and work 50-70 hrs a week each that puts us in 35% pus federal tax brackets. I really like...

Long story short I sold a rental I had and walked away with approx. 90k. For a variety of reasons I wasn't able to do a 1031 exchange. Was wondering if anyone had any advice to offset the capital gains tax I'm on the ...

is there a way to take some of the $ out of my ira & use it to pay cash for an apartment building without causing a taxable event?if so, can i stick the cashflow generated from the apartment building into my gener...

Hey people-

It has been a long while since I last surfed around here on BP site. I would like to ask the entire BP community about your advice/suggestion/feedback based on your real estate/tax expertise in a dilemma ...

Sorry for bringing up this topic again. After going through multiple post on this topic, If I summarize, some people are saying that it is necessary to have it under LLC and some don’t. I understand that everyone's sc...

TLDR: Seeking advice on whether/how feasible purchasing a three-unit RT-4 to convert into owner duplex and one income unit is and still qualify for historic tax credit adaptive reuse incentives at federal and state l...

I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property.  Is it better to transfer the money to my personal account as a share holder distribution and the...

Unveiling the 2024 Retirement Contribution Limits: What Investors Need to Know
Introduction
As we stride into the year 2024, it's vital for investors and retirement enthusiasts to keep a close eye on the latest chan...

I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...