Why do I want to save money on taxes? I want to minimize my tax burden so I can redeploy that capital into expanding my real estate portfolio. By strategically reducing my W-2 taxable income, I can create more flexibility in my schedule—allowing me to spend meaningful time with my growing family while continuing to build long-term wealth. Where am I right now in my journey? I currently own one long-term rental (LTR) property and I’m preparing to close on a short-term rental (STR). I am in the acquisition and scaling phase of my real estate investing journey. What’s my #1 challenge right now? Time. I work full-time as a healthcare provider from 7am–7pm, Monday through Friday. My schedule significantly limits the time I can dedicate to studying investment strategy, analyzing deals, and actively managing or optimizing my properties. Creating more time leverage is my primary constraint as I scale.

Hi, I’m new to the community and excited to dive into the available resources and learn as much as I can. I’m a Tax365 Light member, and I was informed that the membership includes access to free weekly group calls. However, when I check the calendar, the sessions appear as “VIP only.” Could you please clarify how I can access the weekly calls as a Light member? Thank you in advance.

🏆 Winners 1. First-Time Homebuyers Struggling With Affordability - People who are unable to come up with a down payment could enter the housing market sooner. - Especially beneficial for younger Americans with decent 401(k) balances but limited savings. 2. The Real Estate Industry - More buyers = more demand. - Realtors, mortgage brokers, appraisers, and homebuilders could see a boost in business. 3. Politicians Promoting “Homeownership” - Policies like this play well politically, especially with millennials and Gen Z who feel priced out of the market. - It gives the appearance of doing something big about housing affordability — even if it doesn’t address the root issue. 4. People in Hot Real Estate Markets - In high-growth cities or low-inventory markets, this added demand could drive prices even higher. - Existing homeowners benefit from price appreciation. 💸 Losers 1. Future Retirees Who Withdraw Funds - The biggest loser is likely you 30 years from now. - Withdrawing from your 401(k) cuts into compound growth, which is often the key to a secure retirement. - Many people may never “rebuild” that retirement balance once it's withdrawn. 💡Example: Pulling $40,000 at age 30 could cost you over $300,000 at retirement, assuming 7% growth. 2. The Broader Retirement System - This undermines the original purpose of 401(k)s, which is long-term retirement savings. - It sets a precedent that retirement accounts are just piggy banks for near-term needs, weakening financial discipline. 3. Taxpayers (If the Plan Includes Forgiveness or Defaults) - If this policy includes penalty-free and tax-free treatment, it reduces future tax revenues. - If borrowers default on mortgages or lose homes, there could be broader economic spillovers. 4. People Who Stay Invested in 401(k)s During Market Rallies - If a participant withdraws during a market dip to buy a house, they lock in losses. - Meanwhile, others who leave money in may benefit from the rebound.