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Updated over 4 years ago, 04/29/2020

Marvin Meng's profile image
Marvin Meng's profile image
Marvin Meng
Pro Member
  • Investor
  • from Edwardsville, IL
  • Member since Nov 13, 2014
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User Stats

142
Posts
54
Votes
Marvin Meng's profile image
Marvin Meng's profile image
Marvin Meng
Pro Member
  • Investor
  • from Edwardsville, IL
  • Member since Nov 13, 2014
Connect
Marvin Meng
Pro Member
  • Investor
  • Edwardsville, IL
54
Votes |
142
Posts
Tax, SDIRAs & Cost Segregation

Self Directed Roth IRAs

Marvin Meng
Pro Member
  • Investor
  • Edwardsville, IL
Posted

Hi BP-ers!

Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by individuals below a certain income threshold which I am not (for now anyway... airline pilot).

I'm curious if any of you have experience with this and if so what advice you have about opening one (assuming that's possible for me), and about shopping between companies that service them.

Thank you!

  • Marvin Meng
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