It’s awesome that you recognized the value of involving the right people and letting professionals guide the process.

Remember, they can always refer themselves😊Use one of the ideas below to trigger who they know that they could connect you with:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcPutting this in OVERDRIVECreate a spreadsheet (Excel or Google Sheet) listing everyone you can think of that would recognize your name or face.

@Michael Plaks @Julius Vincent @Jason MalabuteIf the OP (@Russell Roberts) were to change #1 be a direct investment, say an expensive LTR capable of creating large tax losses via bonus depreciation (and assuming he otherwise does everything to legitimately qualify for REPS), would that be able to offset the ordinary income recognized from the Roth conversion?

Contrary to what others have said, I think finding an accountant who is local or atleast very knowledgeable about the tri-state area state taxes is important.New York has very different tax laws than other statesI.E. an MCTMT tax if you have a business within a specific area, NYC not recognizing S-Corp Status, etcNew Jersey's tax return is drastically different than the federal.

I have heard that LLC is not recognized in Canada for tax purposes.

Garrett, first off, huge props for recognizing this early.

Does the heir have a legally binding, court recognized power of attorney?

So, while a valuation decline in private syndication might not be recognized for a long time, a bear market in REITs is “shouting” at the investor every day.

I'm seeing opportunities in Colombia, Perú, Argentina, Panamá, and México.But, unless you're located IN one of these countries, it's probably not the place to learn real estate investing.That said, you should know that the amount of capital you have has ZERO bearing on whether you can get started in real estate.If you know how to property recognize and analyze a deal and you are able to get prospective sellers to tell you their problems, you're well on your way to becoming an investor.However, you could have a million dollars in your pocket, but if you can't recognize nor analyze a deal and can't talk to sellers, you're no investor.

The markets we are looking at are included:-Greater Phoenix Area (Gilbert, Chandler, Peoria, Glendale, Deer Valley)-Greater Las Vegas, NV area (Henderson, NV)-Colorado Springs, CO I can't wait to start this journey and recognize how great having a community like this is.