Kristopher Kyzar
Can property purchases with IRA be financed out of IRA?
If a property is purchased using a Self-Directed IRA, and is retained as rental property, can that property be financed out of the IRA into the company/owner's name with payback of the funds drawn on the IRA? What ru...
Pretty Khare
STR tax loophole with a 2nd home loan
If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
Reggie Rearden
401K loan for the investor with a w2 job
So i was wanting to take a 401k loan out last week. I kick myself in butt for not following my gut and not doing it since i lost several thousands, like everyone else, the past several days. I'm wanting to purchase S...
Judah Bailey
Real Estate professional status
Hello, I had a question about being seen as a real estate professional for tax purposes. If I'm "House Hacking" my primary residence does that count as hours towards my 750 per year?
Bernard Chouinard
Fidelity doesn't offer SD IRAs: Got Recommendations?
So I have an old 401K I'd like to convert to a SDIRA but Fidelity doesn't offer this. I'm in Central Massachusetts. Any recommendations on does out there?
Jennifer McMurtray
Excellent Content at Note Camp!
Tyler Carter of NuView IRA just gave a killer presentation on the Solo 401(K) plan, which is something you might be eligible for if you are self-employed and don't have common law employees. Between the contributions...
Viviana Nicolosi
STR loophole/cost-seg-- Help needed!
Hi all! I'll try to keep this short. We have had an STR for just under one year, but we have not qualified (per our accountant) for the STR loophole so we have not cost-seg'd it. I keep hearing how people are cost ...
Suhaib Rehman
File amendment to claim passive activity loss in investment property being a Realtor
Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form 8582 which is to d...
Melanie Baldridge
For Limited Partners
Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?
RE Pro Status supercharges this.
If you or your spouse are an RE Pro, your LP investments can lead to depreciatio...
Michelle B.
Purchase Flip With 401k - Help!
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...