Swati V Patel
Use IRA LLC to purchase my current primary residence
16 March 2018 | 14 replies
That would KILL your IRA and create huge tax penalties.There is a retirement plan based structure know as a Rollover as Business Startup that allows you to take existing retirement funds and use them to capitalize a business in which you are directly involved.
Alexander Quan
roll over to new 401k provider or move to solo 401k?
29 March 2018 | 6 replies
I am going to be allowed to roll over 401k starting April 1 and begin max contribution.
Mike Huang
Using Technology To Make Investing Frictionless
30 March 2018 | 0 replies
Hey everyone,I'm going to preface this by saying this will be about blockchain technology and no, this has nothing to do with ICOs or the hype or any get rich investing advice. Frankly, I'm more interested in the unde...
Fred Canzano
Self Directed IRA is hard to find!!!!!
4 May 2018 | 19 replies
@Fred CanzanoYou have used your 1 rollover for the next 12 months.
Julia Parslow
Consolidating funds from small annuity accounts to fund purchase
26 February 2018 | 4 replies
If you decide to move those funds into self-directed IRA as @Amanda Gust suggested - there will be no tax or penalties associated with the transfer since it is be considered Direct Rollover.
Ron Read
Why you can't really compete head-to-head with REITs
10 March 2018 | 18 replies
How much of that comes from appreciation or cash-flow is a mystery without reading their full-reports--a task I'd rather not perform.I'd further assume that if interest rates are still reasonable, and the math dictates it's still profitable, that they will just roll over the loans on these properties rather than sell them.
Swati V Patel
Using 401k as down payments on multi-family apartment building
5 March 2018 | 20 replies
The money that are left after paying taxes and penalties (depending on your tax bracket you may end up paying as much as 40-50% of the amount you pull out) now becomes your personal funds and you are free to use them as you wish, including purchasing commercial real estate. 2) You can rollover your 401k into self-directed IRA (or Solo 401k if you are self-employed).
Jefferson Smith
One partner with money, the other with credit...fairest split?
3 March 2018 | 4 replies
For my first rental purchase I didn't know about the seasoning requirement and right when we were about to close they told me I was short on seasoned funds... the only way I could rectify that in time to close was to use the rollover provision for my Roth IRA.
Chatree C.
Setting up Solo 401K Plan as an employee
23 March 2018 | 8 replies
Thanks for clarifying.I thought the custodian would also take care of Solo K plan document provider to establish the plan, then I can rollover the funds in.
David Huynh
Solo 401K and Real Estate
23 March 2018 | 7 replies
Rental properties are considered investments not a business.If you don’t have legitimate funds to rollover you will not benefit from self-directed IRA either, the limit for new contributions is only $5,500/yr.