Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
Hello Everybody,
Quick question, Can I buy an investment property by taking a temporary withdrawal from my IRA Account and avoid paying taxes/10% penalties by putting the money back in the account within 60 days from...
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...
I have found my first deal and am ready to write an offer. It's a bank-owned property that needs new carpeting, paint and a good cleaning. I am planning to clean it up and rent/sell it, NOT live in it. I am counting o...
Hi everyone. Just curious if we have similar tax deferral policies as 1031 in the u.s?Thanks
Hello,I am following up to my early post regarding using a 401K loan for REI. In hindsight, I wish I kept some money out to use for other investments, but I was always very diligent about contributing to my 401K. Fi...
I heard a while back on a podcast (I think Kathy Fettke), that you aren't a true real estate investor until you don't have any money to invest. I guess I should be excited, because I've gotten to a place where I have...
Despite being paid, contractor filed line. Completely fraudulent. How do I sell or refi with title clouded?
Please advise on how to convert a 401 k to self direct 401k to divest my portfolio
I have a 401K from my prior employer that has a decent sum of money in it. I have left it there for the past several years because the return have been decent. However, I think I'd like to have the option to invest in...