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Ask The Accountant: Live Q&A with Tom Wheelwright

Wealthion - Be Financially Resilient

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How Can I Do a Roth IRA Mega Back Door?

New build, can we treat it like a second home for the first five months and should we? Well, you don't want to treat a second home because no longer this second home mortgage interest deductible. As soon as it was available to rent. And then even though you didn't have anybody come in and it took like three or four months or even five months to rent, doesn't matter. It's when it's available for customers. How can I do a Roth IRA mega back door? I run as an independent contractor. Thanks.

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