Gene Hacker
remove part of a property from a SD IRA
I have a family member that owns a rental in a SD IRA and is getting to the point where he wants to sell. Is it possible to take only a portion of the property out of the SD IRA each year to minimize the tax impli...
Sooyeon Kwon
Gov’t Incentives for first time home buyer?
Hello, a friend of mine just mentioned something about the government trying to give 25K for a first time home buyer. Is that true? Or are they trying to get that past? If so how soon do you think it will be implement...
Kishore P.
JV, SDIRA, UBTI, IRS, Partnership Contract, Legal Entity
Hello All:My partner (Realtor) and I plan to get into a 50-50 % partnership by pooling our individual financial resources to invest as equal partners in a Residential Rental Duplex. Background about JV:Acquisition Pri...
Greg Swartzberg
SEP IRA Contribution?
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
Sterling Hiebert
roth IRA overcontributions
hello all,so here is the situation, I am just now learning how to handle my own finances. a few years ago I opened a managed roth IRA but this summer I decided it was time for me to actually learn where my money was g...
Adriana Rego
New investor can I use my traditional IRA to invest in RE?
I’m a first time investor and I was wondering if I can use my traditional IRA with Fidelity to invest in Real Estate? There is an opportunity I’m looking into but it seems when I research on line about using my IRA it...
Josh Rich
Setting Up Solo 401k
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Travis Watts
Using a Self-Directed IRA for Multifamily Apartment Syndications?
This is a very debatable topic but...I have a self-directed IRA. I have only used that IRA to invest in private notes and hard money lending because those types of investments produce "interest" income which adds to m...
Account Closed
SDIRA or Cash Out My 401(k) – Help Me Decide (long post!)
Here’s my dilemma. I have ~$150k in an employer 401(k). My job ends at the end of February. After that my and my husband’s plan is to invest in multifamily rental properties, reinvesting all of the profits as we go in...
Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.