Hello All. I would be grateful for some counsel re Custodial IRAs. Is it legal to use my IRA to make a cash offer to acquire a property with an LLC, and then in turn to sell that property to myself with conventional b...
I am in the process of looking for MF (two-three unit) turnkey properties in Chicago or Dallas. I am looking to turn my 401k and roll it over to a custodian (Self Directed IRA) similar to Crowdfund IRA, Equity Trust e...
Hello BP!I recently left my W2 job and want to transfer my 401K over to a self directed IRA. I read a bunch of reviews online for various self-directed IRA companies but the testimonials are mixed. What are some recom...
I have a side online business, self-employed, and my CPA suggested that I should open solo 401k with that business and move my SDIRA funds into this Solo K account since it's got better tax treatment around UBIT.I con...
Hi, I have this situation where Boy Friend and Girl Friend both 21 years have submitted applications.Girl Friend credit report is clean with 1.5 X Rent as income(Confirmed). Stayed with her parents in their own home....
Good evening,I have tenant moving from another state to Texas next month. She is taking care of her niece which has been living with her for an extended time. Since she is crossing state lines with a child that is n...
Advice me on how to handle this issue please.My partner and I have under contract a residential property for a fix and flip. The issue that has come up is that we submitted everything under his name only and now he te...
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
Hello!
I am in the market for a custodian for a self-directed IRA for real estate investing. Any recommended companies out there? I have been given a few names: Equity Trust, Pacific Premier Bank, Midland Trust, Entr...
Self directed IRA's can be used for investing into homes...so I've heard. I have a 401(k) that I'm currently looking to use for my next property and would love to move that into a SDIRA towards an investment. How do...