Lily Daudert
Sale proceeds of inherited property
My husband inherited his father's home in 2013. It sold on 12/28/15 for $161K. Would I be able to put the proceeds into a self-directed IRA to avoid being taxed on it?
Account Closed
Self made millionaire by age 30 (Not through a 401K or IRA)
Please see this link by a self made millionaire by age 30 (He didn't put any money into a 401K): https://www.yahoo.com/finance/news/self-made-millionaire-dont-put-161146781.htmlSave money and keep it liquid to invest ...
David White
Advice on 401k
I have 22 stock options when it comes to election contributions through my 401 K? I don't know anything about stocks. What factors should I look for when it comes to which stocks I should contribute to?
Andrew Carlson
Do you utilize traditional retirement investments?
I searched through the forums, and found a lot of people asking about liquidating 401k/IRA etc. But I could not find anything about whether or not BP members even put money into traditional retirement investments. So...
Georges Martin
Minimum $ amount to open a Solo 401K?
I know it's vulgar to talk about money, but as of today I have $25,862.64 sitting in a 401K from and old employer. The returns are horrific. It's not much, but I'd like to put that money to better use by buying a rent...
Jay Y.
Goals for 2013
I definitely want to make good progress this year. What can I say, I've been bit by the real estate bug and it's addicting! Here's what I'm planning to do to reach my goals (save downpayment for #3, maybe #4 if I'm lu...
Daniel Dietz
UDFI Difference in Loan vs Partnership?
Hello All, I have been using SDIRA and SOLO401Ks for some time and understand when *I* have to pay taxes related to borrowing money. Where I have a questions now is that I have a potential 'investor' who might be inte...
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Patrick Shep
End of year tax strategies?
What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions). I've read a lot of people will buy a property as an STR, put it into service then do a cost seg. I'm looking to...
JJ Chojnowski
Investing within a Self Directed IRA
Self Directed IRA AccountsHi, I'm curious about the pros and cons on moving my 401k monies into a self directed IRA Account. A couple of questions.1- If I paid (for example) two four-plexes in cash from my monies wi...