William Jenkins
Self Directed IRA - Flipping Contract
I need a little tax advice on the use of a self directed IRA to flip a contract. Here is the opportunity.....I've got a property I am interested in purchasing. I am fairly confident that I can flip that contract imm...
Tea Marie
Downpayment vs. 401K savings -how much
Hello,My goal is to purchase my first rental property (non-local) in 2017. I have just reached my emergency savings goal, now I want to save as much as I can for a down payment. Except for my emergency fund, all of m...
Matt Henshaw
Roth IRA vs 403b conversion to SDIRA
I have $100,000 in two separate retirement accounts, a 403b & tradition Roth IRA account. I have been retired for two years and am currently 56 years old. Here are my questions:1. Would it be a bookkeeping nig...
Stephen Benson
401k real estate investing
Anybody have any references were I can look into more information about using your 401k to investing in real estate?
Karina Ruiz
Which type of Retirement Account is best for Investors
So I'm trying to decide whether it's more efficient to invest in a traditional IRA or Roth IRA. I'm planning on retiring before retirement age, so I was leaning towards the traditional and then do a Roth conversion la...
Donald M. Davis
Recommendations on best checkbook self-directed IRA custodians
I am interested in using my current IRA funds without tax consequences of early withdrawal. Iam curious what custodians are recommended for checkbook self-directed IRA's. Looking for those who have or are currently...
Donald S.
50k SDIRA or Solo-401k, ideals on which and what strategy?
Hey Everyone,I've got about 51,500 in a TSP account that I can't contribute to anymore since I'm no longer in the Marines. Part of this money is Tax-deferred, part is ROTH, and part is tax-exempt (from contributions m...
Michelle Le Mere
inherited IRA blunder?
My mom died on Dec. 18th 2022. I inherited her IRA (traditional) with a balance of around $130,000. She had already taken her RMD for the year, in fact, much more do to medical care at the SNF. Anyway, I took the l...
Phillip Scalise
Self Directed IRA or Withdrawal my money?
I have a Roth IRA, and was thinking of taking it out this year to avoid the penalty (CARES act) and incest into rental properties. I plan to then scale up using 10-31 exchanges to defer the capital gains taxes. I know...
Brad Z.
Solo 401k Question
I know this topic has been beat to death but I cant seem to find answers to a few specific questions
1. With a solo 401k, you can borrow up to 50k on a tax deferred basis. Can you borrow this money for flips, keep th...