Adam Cousley
Multifamily Syndication with SD IRA/Solo 401K
I’ve seen parts of this question answered, in previous threads, but looking for a more comprehensive answer/advice.Quick background, I currently work a W2 job, have my real estate license and practice general brokerag...
Daniel Dietz
Inflation Reduction Act- Affect on ROTH Accounts and Roll-Overs??
Hello, After doing some reading and listening to multiple podcasts, it is obvious that the IRA Act has lots of improvements for retirement savings. One things that does NOT seem to be clear, at least to me, is how the...
Sunny Burns
Buy with Cash from ROTH IRA - Refinance - Return Funds in 60-days
Has anyone done this?My Wife and I have $140k in our Roth IRA’s. We came across a decent deal that is only taking cash offers.Utilizing the once every 12-month, 60-day “Tax Free Rollover” we would withdraw all the fun...
Jamarco Thomas
Should I rollover my ESOP now or later?
I was fired from my job in March of this year and I'm not sure to do with my ESOP account from that job. I recently logged on to check on the ESOP account and see that it's growing. I recently started working for a ne...
Tech Cheng
Cares act distribution vs SDIRA
I’m looking to use retirement fund to invest. Heard about the Cares act distribution (if you’ve faced covid hardship-which I am)So wondering if it’s better to take the 401k funds out before end of 2020 (tax breaks) Vs...
Mary Jay
Penalty for Roth IRA investments?
Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...
Tom Russell
Have I achieved the ultimate SDIRA structure for myself? Critiques?
First I set up a passive SDIRA (recommendations?)Then I fund the SDIRA by transfering money from my existing IRAThen I set up an S Corp (Object of S Corp is to flip houses and occasional buy and hold, I will be taking...
Ashley W.
Solo401k / self-directed IRA: Who do I talk to?
Can anyone point me in the direction of the professional to speak to in terms of deciding which is best for me? Preferably in the South Florida or Nashville area would be great. Thanks!
Paul Allen
15,000 Reasons to Talk to a Tax Adviser BEFORE Making a Big Move
Nice lady came to see me yesterday. 73 years old. In March 2016 she moved $30,000 from her IRA to her checking account and then a few days later she moved it to another IRA. An indirect rollover. That went so well sh...
Mike S.
Rollover from ROTH IRA to ROTH solo 401k under CARES Act?
You can not rollover funds from a ROTH IRA to a ROTH solo 401k per the IRS rollover matrix.
Under the CARES Act you can take a $100k withdrawal/distribution without penalty from your IRA or QRP, and if you repay it i...