I have been reading through the forums about self directed IRAs (SD IRAs) and SDIRA LLCs. Can anyone recommend good books/reference materials to learn more about how they work in detail and the rules and regulations? ...
Is there a way to use retirement funds( eg. funds that one may have in an IRA) to pay off a house without paying the hefty 30% to the IRS for pulling the out money before retirement age?
I can't use MY self-directed plan funds to fund MY PERSONAL deals, and you can't use YOURS for YOUR PERSONAL deals... BUT, I can invest MY FUNDS IN YOUR DEAL, and you can invest YOUR FUNDS IN MINE. If you either hav...
I have a 401k with fidelity that I have been contributing to for 8 years now. I have built up a good amount of money in this account. The ultimate goal is to quit my W-2 and live off of passive income. Which means my ...
Relatively new BP member who is also a fee based CFP. I find concentrated positions held in small businesses/RE to be the best wealth generator a person could have. Feel free to ask me anything about investments, fi...
Hi - I have been doing research on self-directed IRAs and SoloK's. I would like to either roll-over a 401K from a former employer into a SoloK or self-directed IRA or start one.Here's what I want to know, has anyone d...
After spending a few years investing out of state in long term rentals, I realized that I would have to accumulate up to 100+ houses at the infamous “$100/door” target to completely decrease my dependance on my W-2 in...
So I’m just starting my real estate investing. The plan was to take the funds I have and use a HELOC on my primary residence for down payments. Also plan on LTR and eventual 1031 exchanges down the road. But I need to...
Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
We own multiple commercial properties in our downtown (Series LLC in TX) and have several under contract. We are looking to roll over our traditional IRAs to make the purchase w/ a non-recourse loan. I have read every...