Alec Sithong
401k rollover to c Corp business
as I look into starting my C corp I have some questions. When I roll over my 401 K into C Corp do I have the cash to build my business or does it act as a loan to pay back my retirement fund?
Colin Easterbrook
Self directed IRA to purchase an investment
I was looking into details/scenarios on funding an investment property through a self directed IRA. Could anybody share some situations when that is an ideal strategy? Pros/cons?
Account Closed
Confusion over using 401(k) money
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...
Daniel Czap
Modesto CA area cpa and s.d.IRA questions
Anyone know a good CPA for investors in Modesto or Stockton area. I also wanted to know if i could roll my 401(A) into a self directed IRA.
Matt Maluchnik
Bill Bronchick's Self Directed IRA from checking act??
I was at an event where the speaker (Bill Bronchick) mentions he uses his Self-Directed IRA to invest in properties; however, I can't recall the term... But he basically said he runs it out of his own check book. Alm...
Johnell Jones
Using 401K to purchase first property
I plan on using a portion of my 401k (50,000) as a down payment on my first property. I can't take a loan or hardship because this is from a previous employer. And my current job doesn't accept rollovers. I know I wil...
Robert Reineri
Solo 401K Loan Question
Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...
Adam Nelson
Using your 401k to buy a first home
Hey BP first post here. I've been looking to buy my first home/investment for some time now. I've been researching into using my 401k to invest in my first house. I would use the money as a down payment on FHA loan, i...
Elaine Jordan
Moving IRA money to a Self-Directed for Investing
Write Hello BP community! I am a newbie. Joined BP last year and closed on my first rental half duplex this past November. The duplex is rented and is cash flowing almost $300 a month. But - after buying that rental w...
Tarcizio Goncalves
Investing in RE with a 403b from an old employer
Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...