Taylor Null
Looking for advice on turning my primary home to STR in Austin
Hey y'all,
I'm wrapping up my live-in renovation of a property in South Austin. I would like to keep this property and use it as an STR. However, I would like to move out and purchase another primary residence.I have...
Jim Ballatin
How do I use my Roth account to invest in real estate?
Do I need an attorney to make the withdrawal from a Roth account through Fidelity?
Oliver Martin
Is this a good strategy? Las Vegas
Hi everyone! Is it a good idea to cash out refinance my free and clear rental properties for about 70-80% LTV, and use the cash to buy my next primary home? The purpose is to lessen equity in rental properties, take a...
Jill McCann
Legally Minimize Capital Gains
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...
Benjamin S.
Question About High Property Tax/Low Value Home
Hi all:
I came across a deal in my area that seemed ideal for a flip. The house in question needs a total rehab, but was priced significantly under comparable homes in the neighborhood. It was listed for around 200k...
Felipe Ocampo
Roth Conversion Ladder while minimizing taxes
My wife and I plan to retire in about ten years. We will probably have $500k in taxable accounts and $500k in 401Ks. Initially we will draw about $40k each year from our taxable accounts. Since withdrawals from taxabl...
Phil Contreras
Can I Cost Segregate if I don't have the Real Estate Professional Status?
Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...
Sara Batool
Tax on Primary Residence sale within an year
Hello. This is my first post here. Thank you to everyone who makees this forum such an incredible resource. I've been able to find somewhat of an answer to my query below but hoping someone can confirm my conclusion.M...
Nik Sharapov
Withdrawing 401K at 59 1/2 and using to buy a House.
Hello Bigger Pockets forum users, my father of 59 1/2 years old is thinking of taking out his 401K and using it to buy a house in order to pay less taxes due to withdrawal of the 401K funds. Is there a way to do that?...
Courtney Downtain
Traditional or Roth IRA?
Hey BP team!I need some advice on how to pull my 401K for investing purposes. I want to be able to rollover a portion of my current employer's 401K into an IRA account, but all of the FAQ's I have read seem like a Rot...