Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Michael Gibek
Positive cash flow residential rental mortgage - pay off or refi?
I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
Ali Hashemi
Limiting tax exposure
This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...
Rehaan Khan
HOW TO BEST FILE TAXES ON A FLIP?
Hello everybody,
Hope all is well. I bought a condo last year on my personal name, did the work it needed & sold it later. To those who have done this before & have experience. What is the best & busines...
Mike Masland
Applying Tax loss to W2 income
Hello,Noob question on the potential tax benefits of real estate investing. My wife and I have W2 annual income (dual income family working for large corporations) that puts us in the ~30% marginal tax rate bracket. ...
Kathryn Chapman
Retired- use 401k for investment properties?
I recently retired and have funds in my 401k that I would like to use for down payments or even outright buying investment properties, maybe STRs. I would like to maximize losses to offset the income tax when I pull o...
Jordan Moorhead
Solo 401k recommendations?
I’m looking to reduce my taxable income this tax year. Does anyone have experience with a solo 401k that can recommend a company that can set one up?
Zeb B.
Tax Loss Harvesting Implications on Mortgage Qualfications
I have about $50,000 in unrealized stock market losses in my taxable brokerage account. I'm considering selling some of these securities for tax loss harvesting. I don't plan to change my exposure to equities, the pro...
Andrew Beaver
Looking for an MA tax accountant
Hello All, I'm looking for a Boston / MA based tax accountant to assist me with my taxes for the current year. A majority if not all of my documents have been gathered. Looking to get them started/completed this we...
Edward Kanive
Dependent Care eligibility
Hello,
I’m a full time physician and my employer offers 5000 dependent care contributions that I can do. I end at the 35 percent tax bracket so this is very advantageous.
we have two rental properties but she stay...