Ken Badziak
recharacterizing ira tax implications
Perhaps a CPA here can answer this question; I asked mine, and he didn't know as I was the first to pose this question to him. He offered to research it, but that costs me money that I don't have now...Earlier this ye...
Doug Kolb
Real estate deductions inside solo 401k or self directed IRA
Hello. I'm looking for some direction regarding specific real-estate deductions while working inside a solo 401k or self directed IRA LLC and working with a rehab on a buy and hold piece of property. I plan on speaki...
Spencer Dixon
Cost Segregation - After regular long term depreciation?
I have a single family rental property that has been rented for two years. I've done the normal long term depreciation of the property.My question: Can I do a cost segregation even though in previous years I've taken ...
Sean H.
Help me understand S-Corps better
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Bryan O.
Tax Deferral and How to contribute to solo 401k
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
Steve K.
4 Unit Property - Deal or No Deal?
I'm just starting out. Is this an ok deal? If yes why? If no why? (Everyone evaluates differently)4 Units - Section 8 (S8) Approved - 2 Unit with Section 8 tenants and 2 Regular tenants. All occupied.On my Initial vis...
Eric Hrlbock
Holding note - do you get tax advantages
Hello BP community,
I am selling some properties to spend a-little more time w family and get ready for my next big move. I was thinking of taking advantage of compound interest. I never heard or saw anything about t...
Steve Corder
Is it worth it to convert and invest from self-directed IRA?
I went to local REI talk on self-directed IRA investing. Do you think it is worth converting a traditional IRA and investing in real estate via that vehicle? Thanks. Steve
Dan Marl
Should I refinance w/ cash-out or use my taxable account?
Should I refinance w/ cash-out or use my taxable account to buy homes?
Hello everyone!
I am thinking of investing in real estate. Maybe in 5-10 years have enough rentals where I can quit my job and do real e...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...