Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (1,870)
Jose Gonzalez Real Estate California
24 May 2017 | 14 replies
They cover many forms of investments - Single Family (and different options with this), Multi-Family (which is what we do), Precious Metals, Life Insurance (which you can borrow against your own policy and use that money to invest), International Investment opportunities, Coffee Farm Investments, etc.  
Bill Mcdonald Newbie from Texas wanting to purchase REI's.
12 January 2016 | 7 replies
@Bill Mcdonald Here are some of the similarities and differences between a self-directed IRA and a self-directed solo 401k:The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from bankruptcy creditors;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be directly invested in your own business startup The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (self-directed IRA LLC) must be utilized;The solo 401k allows for checkbook control outside the LLC;The solo 401k allows for personal loan known as a solo 401k plan If you borrow from your own IRA, it will be deemed a taxable distribution;Unlike an IRA, a Solo 401k can invest in life insurance;The solo 401k allow for high contribution amounts (for 2015; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of his or her solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of his or her IRA; instead, a trust company or bank institution is required;Unlike an IRA, generally when distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian, generally by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA--from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth 401k RMD requirement;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.
Shane Hampton Question for experienced Real Estate INVESTORS
31 December 2012 | 12 replies
However, newbies, with little or no marketing experience, real estate knowledge or contacts are more probably wasting what might be precious selling time for the seller.
Linda S. Traditional IRA or mutual/index funds first?
17 May 2013 | 12 replies
Most institutions only allow you to invest in the products they offer which often don't include items like RE and say precious metals.
Account Closed Can't sell my flip
13 January 2015 | 51 replies
If the sellers refuse to stage, they refuse the listing because they know they'll have many more coming and don't want to waste their precious time trying and trying to sell an unstaged home.
Account Closed VA Loan Investor Starting Up. You will want to review this excellent plan!
25 October 2017 | 49 replies
This is true for any kind of investing, be it real estate, stocks, bonds, precious metals or businesses. 
Dustin Hahn Plex Property as First Home
9 December 2015 | 4 replies
And when you only have one investment property cash is precious and fleeting as you'll probably find out sooner or later.2.
Bryan Miller How do I use my inherited properties to grow?
17 October 2016 | 7 replies
Hint: They were not heavily leveraged and had a rapid exit strategy from their leveraged positions.Consider precious metals.
Bob Oliver BP Newbee from the Colonial Capital
12 January 2011 | 8 replies
I don't have to rent to what I call 'professional tenants', there are no evictions, and rent is almost guaranteed by the parents because they want their precious to have a house.I came to join BP because the RE development company I am currently employed by is terminating the 401k plan and I am taking control of my 401k funds through a solo401k.
Jordan Richter other investments
1 February 2021 | 6 replies
wether it be gold/silver other precious metals and stones, foreign currencies, stocks, investing in a small company, running your own business, how are you guys making your money outside of the 9-5 and real estate investing?