Natalie Wells
Investing with your 401k
26 February 2020 | 4 replies
Self-directed IRAIf you are self-employed with no w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.
Adam Craig
Help with review of financials on 24 unit apartment building
29 February 2020 | 6 replies
The next portion is the estimate the investors desired return given the risks associated with the subject.
J Val
Looking to Network With Other Investors
3 March 2020 | 20 replies
As a snowboarder personally I no longer frequent BB because it's overcrowded and a bunny hill.
John S Lewis
Solar Panels on potential flip
4 March 2020 | 5 replies
Of course they say, they - the bank- have no info on if panels are owned, leased, subject to a lien, etc.
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
7 March 2020 | 3 replies
Please see the following regarding Solo 401k vs Self-directed IRA, Considerations re Investing in Real Estate & Consideratiosn re Choosing a Solo 401k provider:Solo 401k vs Self-directed IRA:A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.
Michael Ndjondo makadi
Are MF also under the short term rental control risk in SD?
2 March 2020 | 4 replies
Good luckedit: sorry, I somehow posted on wrong subject.
James Cannon
Refinancing a Duplex after a Divorice
2 March 2020 | 4 replies
And Alyssa lives and works most frequently in St Paul so shes a subject matter expert.
Zocky Zhang
Sold my house profit tax reporting
1 March 2020 | 12 replies
That is, ordinary income subject to self income tax and basically. no different than ordinary wages/salary.
Rebecca Graziano
Sub2 or Finance an investment?
2 March 2020 | 3 replies
If you find out that they just need some cash to move away and would love monthly cash flow, then subject to may be a great idea.
Justin Wilson
Questionable Rental Registration Letter
3 March 2020 | 6 replies
Subject to inspections.