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Hello Everyone,
I am highly interested in applying some of 401k towards a self directed IRA. It seems like a good opportunity for me to get involved in real estate with out currently having a ton liquidity.
However...
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I'm screening applicants for my rental. Actually I have had two applicants so far with great credit scores but couldn't provide bank statement showing rent payment history. I went by the addresses showing on credit re...
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I have a side online business, self-employed, and my CPA suggested that I should open solo 401k with that business and move my SDIRA funds into this Solo K account since it's got better tax treatment around UBIT.I con...
What is the best way to Repair your Credit?
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Here's a thought in SDIRA versus loaning to oneself from the 401k. SDIRA as we know comes with all sorts of fees.401k can be used to loan money out to the holder of the account. I always thought that to be a bad idea ...
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After a couple of years of research here on BP, I'm moving on my first investment property in NW Indiana. Its an occupied 2 unit in a residential neighborhood. I have a few questions on how to start my journey as a la...
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I am closing on a home through my Self-Directed IRA. I will need to transfer the utilities from the previous owner for about a month while I am having some rehab completed. What name do I put the utilities under, pers...
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Good morning BP,I want to rant a tad and then ask some advice.I'll make the rant quick. Why did I ever invest in a 401k. They suck! Worst of all my employer doesn't match a dime.... /End of rant. 😀Ok seriously now. I ...
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Would appreciate any advice or personal experiences from anyone on this topic!With housing prices ridiculously high and rising interest rates, I have decided to live at home with my mom to save up money for a down pay...
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Hello BPers, in the past year or so I took on a partner to build a real estate business while continuing to work my demanding corporate job, which I plan to continue indefinitely. We're up to 23 units. We need a more ...