Peter Thielemann
Rolling over a 401k to a self-directed IRA.
Hello, I'm looking for a reliable custodian to roll my company-sponsored 401k into a self-directed IRA. I'm looking to purchase rental properties to supplement my soon-to-be retirement. Also, I'm looking for any infor...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Alexander Crocker
Apply For Heloc Jointly With Spouse or Individually
Hello all,I have applied for a 85% LTV HELOC from PenFed Credit Union on a 4-unit multi family that I owner-occupy. I plan on using the HELOC as short term debt towards purchasing/renovating more real estate. After th...
Ernie G.
Zillow Tenant Application Screening
Hello everyone,Zillow charges $29 to a prospective tenant that fills out an application with the credit and background check. I'm just looking for a reality check. Do some landlords collect the application fee directl...
Account Closed
HELOC appraisals - why so low?
Hi everyone - is it common for HELOC appraisals to come in lower than conventional mortgage appraisals? Last spring my property appraised for $135k and this past fall it appraised again for $85k. No drastic changes t...
Cameron Riley
The most amount of people you have had apply to a rental?
Hi investors. Please answer this in an itemized way to better help flow of conversations!- What is the most amount of people you have had try to apply to your rental listing? - How much do you charge for the applicati...
Chris Weiler
UBIT, Roth IRA and a private loan
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
Rachan M.
Solo 401k distribution question
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Nathan Williams
Should I be worried about the UBIT / UBTI tax and an SDIRA?
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...
Kishore P.
JV, SDIRA, UBTI, IRS, Partnership Contract, Legal Entity
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...