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All Forum Posts by: Robert Taylor

Robert Taylor has started 3 posts and replied 14 times.

Thank you for your suggestion Dmitriy. I'll see if AdaPia has any insight. 

Kind regards

Are there crowd-funded real estate sites that accept funds from Self Directed IRAs, from non-accredited investors?

I opened up a Self Directed IRA for another investment. I was wondering if I can also use it this way. I will of course ask my custodian, but curious if anyone has tried it, and have any opinions on crowd-funding sites that will facilitate with these limitations.

Thanks in advance for any insights/suggestions

Post: Self-Directed IRA - investment in a franchise

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

Thanks Phil, that's a pretty interesting approach. I'll see if I can make sense of the summary. Appreciate the info!

Post: Self-Directed IRA - investment in a franchise

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

Thanks Loren, great info!

Post: Self-Directed IRA - investment in a franchise

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

I was wondering if anyone has bought a franchise using a self directed IRA and what some of the limitations are. Could you do work there? I have a self directed I use for other investments, and I have read a little about investing in real estate, and the "sweat equity" issue. I assume it applies in a similar way where it might conflict, but what if it's paid?

My thought is to purchase a franchise with a partner, I bring the money, they run the day-to-day. Would I be in a danger if I took a pay check from the franchise to do the books or as an hourly employee? I have a feeling that's not a good idea. Is there a clear directive on the issue? Would it be different if I made a loan to the partner in return for a percentage of the business? I guess what I want to do is separate the money earned as an investor, from some money earned hourly as a service provider or employee. 

Just looking for ideas. Thanks in advance for thoughts and advice. 

Post: New guy from the Greater Washington DC area

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

Thanks @Ned Carey !

Post: New guy from the Greater Washington DC area

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

@Mike Webb / @Christina R. / @Ned Carey , any REIA/Meetups in Calvert County you are aware of?

Kind regards,

Bert

Post: New guy from the Greater Washington DC area

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

Thanks @Mike Webb !Will check it out!

Post: New guy from the Greater Washington DC area

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

@Christina R. , thanks! Already looking at the Jan Meetup in Columbia, will check out your other suggestions.

My eyes are already bleeding from all the great content, need to focus, this is a great site. Very happy to see there are some MD folks here.

Kind regrds!

Post: New guy from the Greater Washington DC area

Robert TaylorPosted
  • Homeowner
  • New Market, MD
  • Posts 14
  • Votes 1

Thanks Ali, I think I really nailed it : )

5 Gold starts to anyone who can name the location : )