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29 March 2016 | 19 replies
Basically, you max your Traditional IRA (a nondeductible contribution) and then immediately convert that to a Roth IRA.
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9 August 2009 | 4 replies
For example, you can get a Line-of-Credit and perhaps try that approach, or use your Self-Directed IRA, or just finance it with PURE CASH which can be money from your own personal sources.I hope this helps you and answers your questions.
3 August 2019 | 0 replies
Repeat.For folks with IRAs, I assume a monthly income of 6% is pretty strong in comparison to the bond market today.
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30 April 2022 | 33 replies
Since I hold these in my IRA (which is low on funds after this years tax payments) I'm trying to figure out the most cost effect way to do it as attorneys want $2200 and up for each property.
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10 March 2023 | 1 reply
IRA cash How did you add value to the deal?
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20 December 2021 | 1 reply
Does anyone have any recommendations for a company that can assist with creating a self-directed 401ks or IRAs investment accounts?
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9 March 2023 | 21 replies
@Christopher J SmithMost states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = OwnerAgent = someone legally representing the ownerProperty Manager = AgentPlease send us any feedback via email, as we do not use the DM feature here.
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10 March 2023 | 12 replies
I know an IRA can be used to purchase real estate, but can I combine IRA funds with non-IRA funds to buy a single property?
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29 February 2020 | 8 replies
You may be able to reduce taxable income by contributing to a Traditional IRA, but that depends on a host of other factors and there aren't enough details to advise you about that.Before you continue in this business, you may want to consider meeting with a tax professional who can help you structure this to help reduce taxes for you in future years.
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20 March 2019 | 27 replies
She's got ~$25K in an IRA already in her name so that should cover the required reserves.