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Updated over 8 years ago on . Most recent reply

Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
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Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
Connect
Larry Flanagan
  • Investor
  • Midwest, USA
33
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204
Posts
Tax, SDIRAs & Cost Segregation

Can I wholesale/flip in my SDIRA?

Larry Flanagan
  • Investor
  • Midwest, USA
Posted

I have a Roth SDIRA with only about $11,000 in it.  It is currently deployed at Lending Club making like 7% which is basically nothing on $11,000.  From time to time I have the opportunity to buy cheap houses and flip for like $5-$10k profit.  Is this something I could use my SDIRA for?

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