Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...

Looking for accountant recommendations. I have a high W2 income and my wife will be a real estate professional this year. Looking for an accountant who has intimate knowledge of:1.how to best offset my W2 income2.ho...

I'm buying three rentals in wetaskiwin, I just realized i should look into incorporating or LLP's. after this I will have a total of 4 properties and 5 doors. I was curious on what might be the best methold of structu...

Hello all - I am looking to transfer my IRA's from a brokerage firm into a SD 401K with checkbook control.  Currently 5% of my accounts are 'cash' and 95% are Traditional IRA's.  I'm wondering if I should put the 5% i...

I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...

Hello,We had some land that we purchased earlier this year and went through the platting process with the county to subdivide.  We sold a few parcels off already in a traditional fashion but I have one that has me scr...

Evening BP,             Want to reinvest my dividends from my brokerage account and if I reinvest it within the calendar year do I avoid capital gains? So, technically I am not taking any realized gains. Thanks. 

Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...

I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...

Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio. His accountant said he can invest it in ventures other than stocks, bonds, mu...