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Updated over 3 years ago,

Carrie Easton's profile image
Carrie Easton's profile image
Carrie Easton
  • New to Real Estate
  • from Richmond, VA
  • Member since Nov 1, 2020
  • Posts 8
  • Votes 6
  • Experience 3 Yrs
  • Investments 1
Connect

User Stats

8
Posts
6
Votes
Carrie Easton's profile image
Carrie Easton's profile image
Carrie Easton
  • New to Real Estate
  • from Richmond, VA
  • Member since Nov 1, 2020
  • Posts 8
  • Votes 6
  • Experience 3 Yrs
  • Investments 1
Connect
Carrie Easton
  • New to Real Estate
  • Richmond, VA
6
Votes |
8
Posts
Tax, SDIRAs & Cost Segregation

Good and Bad problem - I made too much money this year!

Carrie Easton
  • New to Real Estate
  • Richmond, VA
Posted

Well - after my last paycheck I have made over $166k so far this year. I am extremely intrigued by the backdoor IRA. I have a few questions:

Can I do this through Vanguard? Is it as simple as opening a traditional IRA AND a roth IRA - then putting $6500 into the traditional and immediately transferring the funds to an IRA?

Or am I way off with all this?

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