We have a checkbook controlled SDIRA LLC with membership as follows:25% My Roth IRA25% My wife's Roth IRA50% My cousin's wife Marilyn's traditional IRAIn 2019 Marilyn has to start taking required minimum distributions...
I was wondering if anybody knows if it is possible to partner with your self-directed IRA so that the IRA provides the down payment for a purchase and then you secure a loan with your own credit/income?Thanks!!
Can anyone provide information relative to the policing of activity in a SDIRA/LLC arrangement? How are things tracked to make sure transactions are non-prohibitive? Are there reporting requirements? I can see writing...
I'm wondering if there is a legal way to use a self directed ira to buy a PROPERTY I CURRENTLY OWN THROUGH A LLC? I could retire the mortgage if so.
Can I use a Self Directed IRA to pay off a rental property I already own?
Anyone doing STR's in condos they own or rent in the Minneapolis area? Looking to see if this is something that some/all condo HOA's prohibit in this area.
It's my understanding that someone can not use there self-directed IRA to benefit their direct family. In other words, I couldn't use my self-directed IRA to put a down-payment on a property that my brother will use ...
Hi,
I recently set up a sole proprietorship & transferred a Rollover IRA into a Solo 401k. Now I want to convert it into a Roth 401k so it will be tax free at retirement.
Questions:
1) Is it ...
I've been reading a lot about purchasing RE with self-directed IRAs. This topic intrigues me, but I'm concerned about all of the restrictions, particularly regarding prohibited transactions and disqualified person...
Can my IRA purchase a mobile home in a park that is titled as personal property?A previous IRA custodian told me that my IRA could not purchase personal property mobile homes in parks. They said I could finance them f...