Sal Souza
Investing inside solo 401k plan vs. self directed IRA
Hello,I have a question for anyone out there who has any experience or knowledge about solo 401k plans.I'm thinking about rolling my 401k money at work into a solo 401k. I've read that the solo 401k has many advantag...
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Costel A.
Using retirement funds
I have a 403(k) retirement plan with Fidelity. I talked to them today about using some of my retirement money to start investing in real estate. They said that I need to transfer this money to an IRA then I'll have mo...
Richard Jump
Self Directed IRA Investing Scenarios
Hello everyone... I recently set up and have moved money into a Self Directed IRA. I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered oth...
Henry Clark
Self Storage- First auction since Covid
Held our first auctions since Covid started. Haven't held an auction since February. Had 4 units out of about 860 total rentals. Only had one person we know moved out due to covid because one of them lost their job. S...
Ryan Roberts
Considering a MHP, can you guys help me?
Hello, everyone, newb here, Ive been trying to find a good property to invest in but around here and I assume everywhere, people think junk is gold. Ive found a MHP on 10 acres close to the interstate and retail, zone...
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Zach Schwarzmiller
DIY: Survey
I am under contract on a 20 acre parcel of land and was interested in doing a self survey. I don't really know what I am doing, though through search and rescue and obtaining private pilots license I did have to map c...
Donovan H.
Bath/Tile remodel
This is my first turnover on my duplex and I want to remodel a small bathroom (about 6x8). It's tiled half up the walls and the floor. It's an old house (1926) and probably hasn't had the bath done since the 70's...
Scott Kim
Help!-Want to learn about Self-Directed IRAs
Hi BP-I am really interested in learning more about Self-Directed IRAs. From what I gather, this is a tax savings account (like a 401k), but the advantage of having this IRA is you can purchase a property with it. My ...