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Hey everyone, I am a real estate agent in New Orleans, but I am relatively new to the investing side of things, so I am hoping that someone can help me understand this particular topic a bit better...I am looking to i...
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NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
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Hello BP! As a quick background, I am from Canada and currently in the process of developing and renovating our recently purchased primary residence, which we will then refinance and should have a decent chunk of mone...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?
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Greetings BP Arkansas,I am looking for some advice ion 1031 exchanges in Little Rock. A family member of mine may be looking to sell a rental property. Does the same 45 day exchange rule typically apply? What options ...
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I just sold a property and have the funds with an intermediary. The title of the property was under my personal name. If I purchase the exchanged property under a LLC, which I'm the sole owner of, will that cause an...
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Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
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Hello I am just starting out in investing. I have been saving money and improving my credit score. The only thing is I am a 1099 with my line of work and I write everything off to lower my tax payments, so my income ...
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