Is there a way to use a self-directed IRA to purchase real estate I already own? If not, can I purchase an ownership interest in the LLC that holds the real estate through a self-directed IRA? Thanks in advance!
Good afternoon, Can a self directed IRA hire an organization for services owned by a non disqualified person, who in turns hires a disqualified person? i.e. Can I hire a business who sub contracts with my son, if my ...
I want to have my girlfriend change her Roth IRA to a self-directed Roth IRA. I would then sell her my rental property for $25,000. I paid 25,000 about ten years ago. It is now worth 125,000. I collect $1000.00 a mont...
I am trying to set up a way to receive interest payments on loans we are making through a self directed IRA. I first tried Venmo, but that method was questionable because of how it was titled. I am looking at PayPal...
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
Good evening,
I recently have been looking to get started in real estate investing and now I am up to the stage of finding financing. My father has enough money to finance my deals in his 401k and he's 60 years old. ...
Is it possible to my solo 401k to co-invest with my daughter's SDIRA? I wasn't sure if this was prohibited as neither of us benefit, only the retirement accounts see a return. I'm wanting to open an SDIRA for my child...
Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...
Ok, so you can, but you can't. I fully understand (no, I don't).
No, I don't want to vacation in the vacation home my SD IRA owns. Please don't point me to an IRS pub.
That you can't personally benefit from the p...
I would like to sell a rental property and do a 1031 exchange to buy a property from my mother's estate (I am a beneficiary). I just learned this might be an issue due to related party.