My CPA is coming on Saturday to discuss this but I like and value different opinions in particular from other experienced professionals.I have set up a self directed real estate IRA and will fund it with $100,000. I w...
Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
Governor Dummy has even made it illegal to even serve a 10 day notice to comply in WA apparently. I have neighbors who are complaining about loud music, overgrown yard and more. So I go to see the house condition afte...
Made a serious mistake. Using round numbers, i Bought a lot for $20,000 with my IRA, properly deeded to a custodian , FBO my IRA. The plan was to build a house. It was very cumbersome to draw funds from IRA to keep...
Hi All, I am looking to discuss who has used a self directed IRA to partner up with your own LLC to buy real estate. Can you rent your property to someone and then sublet it from them to get around the disqualificati...
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
Is burning Incense the same thing as smoking? We have a lease that says no smoking in or around the building, but does that cover incense as well? I'm not super familiar with incense, does it do damage in the same way...
"Section 8 of RESPA prohibits anyone from giving or accepting a fee, kickback or anything of value in exchange for referrals of settlement service business involving a federally related mortgage loan. In addition, RES...
I (or more accurately my SDIRA) purchased a SFR with the plan to fix and hold as an SDIRA asset. My question is about deposits for in this case electric. I could avoid having to put money on deposit to the utility c...
When combining funds with another IRA for an investment such as being a lender/co-lender for the purchase of property, do funds have to be distributed back to the IRA based on the percentage of money invested or can i...