I am going to take a loan of $25,000 out of my 401k for a house hack. My wife’s student loan is an income based repayment plan. As I pay my 401k loan back, will this in anyway help lower the loan payment?

Is it true that u can only claim up to $25k on 1040 Schedule E (Supplemental Income and Loss)??

Hi BP Canadian community,I am thinking to start a workgroup to review each other's property analysis as a learning process. If you are like me, there are often more questions than answers when trying to analyze a deal...

Good Morning :)Hopefully I’m posting this in the right forum. My question is regarding Roth IRA contribution limits. I have been maxing my pre-tax employer 401k and was wanting to max my Roth as well when I noticed th...

Hello Everyone. My Name is CW and I work with a group of Investors with Unlimited Funds

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I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...

I have a long term rental (SFR) which I converted to an Airbnb in October 2019.  My property manager is acting as the host and we have already had multiple bookings. 
Questions:
1. Is the Airbnb considered "Active" ...

I'm confused.  Can you borrow money from solo 401k for personal use?  I understand like buying your primary resident.  Can you take a personal loan?  Personal loan can be buying a car or anything personal like that ri...

Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?  

Hello all, I’m looking into purchasing a rental property, more than likely using a BRRRR type strategy where I refinance after repairs are done. However, I was wondering if anyone has experience utilizing a 401k Loan...