Does anyone have suggestions as to which self-directed IRA to use for real estate transactions? I am looking to convert a old 401(k) account that has sat idle for some time into a self directed IRA to do short term (1...
I’m new to the SDIRA concept. If I start a new SDIRA in 2016 what is the maximum I can fund/contribute to the SDIRA? If I sell my stock options which is regular income can I fund the new SDIRA?What happens to the po...
I am looking to buy a primary residence in near future. My current plan is to extract down payment money from my 401k. I know it is frowned upon but I do not have many choices. I was wondering if there is a viable alt...
What's the best way to loan private funds? I know a lot of people who do it in their own name, but would it be better/provide more protection to loan via an LLC or something else?
Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
Hi All, my fiancé and i are looking for advice on how to take the money out of her 401k for capital without getting hammered on taxes and penalties? Or only having access to 50% of balance. IRA? No longer with the emp...
So I won this bidding war by offering cash, but I don't really have enough to close, so I'm borrowing from the IRA to do the deal. I wanted this house because it's right up the street from elderly mother-in-law. Now, ...
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
What are the best strategies to use when using funds from a SDIRA I changed jobs and have money in my company’s 401k, but would like to use this money to begin my REI. Which strategies work best with these types of fu...
I have never invested in real estate. However, I have been debating multiple options. Option 1) taking a loan out on my 401k to be a silent investor with a fund and flip.Option 2) buying my first property with my 401k...