Hello all! I'm Tom Kidd and live in SW Ohio. I'm an attorney, more of a litigator than a transactional guy, but interested in becoming more of the latter as I get old and want to stop fighting with all those young tur...

I'm thinking of converting some/all of my Traditional IRA to my Roth.  I know there will be taxes to pay.  If I move to a no tax state like TX or FL it would seem I don't have to pay state tax on the transfer, is that...

Researching 401 to roth. Is there any way to do without paying an absorbent amount of taxes?

I'm a newbie investor and realtor in Denver. I'm wondering if you have any input to a service provider that can help with business entities as well as trust accounts and financial advisement. I have been told repeated...

I know many on here are fans of Solo K plans. I cant find too much detailed info online and even my tax guy is not too familiar with them. So let me post my questions here for the experts

1. Does having pass...

Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...

I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?

I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...

Hi, I am planning to convert a 401k With a company I am no longer employed with to a solo401k. I am self employed (real estate agent) and intend to use the funds to purchase a single family home (or a duplex if it fal...

Ok, so here is the order of events:Before the end of last tax year, made a 5.5k after-tax contribution to an IRA. Did not file for the deduction on that money. Withdrew the 5.5k from the IRA to help with closing on fi...