Theoretical question here. If you had a Self Directed IRA...can you (personally) buy back the property held by your IRA without any self-dealing IRS related issues?
Hi All,I'm a new investor and wanted to leverage my 401K money in Fidelity for my upcoming investment deals. It's not much but I think I can better utilize and grow this fund in this industry.Can you please provide me...
Hello BP,I need help/recommendation locating a good Self-Directed IRA custodian out there.Thank you
Hello,Within the last few weeks, I've found the drive to put my desire to create passive income in front of my fear of moving forward to become a real estate investor. I've gotten LOADS of great advice and suggestions...
So, I was thinking of moving my W-2 401k to a self directed 401k. I understand that all profits have to be returned to the 401k, and there is a rule that a payment can not directly benefit you. This is my question...
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As mentioned in another post, I am doing my research about opening a self-directed Solo 401k. Sunwest Trust was mentioned here on Bigger Pockets as a no-frills option. I contacted them and ended up with another ques...
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...
Hello BP,I am interested in switching my 401K over to a self-directed IRA. Does anyone on BP know how this process works?
I m planning to bid on REO hotel online. 70 room hotel starting bid $1M (May bid up to 3M) It is generating 1.8M in revenue. Before covid it was generating 1.4M. NOI is 353k. I have 200k in capital but need more for ...
I am using some of my IRA to buy investment properties. Does anyone have a good custodian they can recommend? I started with uDirect, and it has gone from bad to worse. Any recommendations would be greatly apprecia...