George P.
Lawyer messed up. Now what?
My tax lien lawyer didn't file the lawsuit within allowed time frame, and my tax lien expired. He apologized, said it's very unusual to have a case to fall through the cracks in his office, and promised to send me...
Mike Stiffler
Non-resident landlord - pay state income tax twice on stock sale
I noticed a pattern when paying my taxes the last two years and it seems like I’m paying state income tax in two states from long term capital gains of stock sales.I live in CA (since 2013) and have a rental property ...
Yuliany W.
Withdrawing funds out of a 401(k)
Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
Paul B.
Start a business just so I can have a Solo 401(k)?
I searched through the existing discussions as best I could to make sure I wasn't asking a common question...and I just didn't see it. I believe have learned the ins and outs of a Solo 401k. The reason I want to have ...
Elliott Hall
SD Roth IRA vs Typical LLC
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...
Chris McCurdy
Moving out of state but keeping rentals
My wife and I are moving from Texas to Colorado. We currently have 5 rental properties in Texas. How do we go about avoiding the state income tax in Colorado? I think we need to put them in a trust or something th...
Jay J.
Mom & Pop.. not Trump
Hello Tax experts! I have a question. (and I know nothing about RE taxes)I'm sure most people have heard the latest headline about D. Trump and his (almost) a billion dollar loss that (presumably) he carried forward...
Amanda G.
Move allocation from self directed IRA to self dir ROTH issues?
Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...
Garrett Terrell
Infinite Banking & Self Directed IRA's
I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
Diana B.
TFSA or RRSPs?
Any Canadians here? I invest most of my money into my corporation for buying properties, so I have a lot of TFSA and RRSP contribution room. I do contribute a little to RRSPs, but I haven't seen the point in TFSAs....