I have a Roth Ira, and I was thinking of using some of my contributions for a down payment.I know you make withdrawals if your are a first time home buyer, which I did for my Condo.But I also understood that you could...

I've been reading a lot about both the Solo 401(k) and the Self-Directed IRA LLC.  From my layman's perspective, it would appear at first glance that Solo 401(k) is the way to go.  No custodian to deal with and higher...

Scenario:-I lend private money sitting in my checkbook control
Roth IRA LLC to a 3rd Party LLC to buy a Real Estate. The Mortgage
was recorded in the first lien position. Mortgage had a confession of
judgement clau...

If I am actively contribute to my 401k with my current employer, is that mean I can't convert that to self directed 401k?

Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...

Hi everyone, so I recently learned about self directed IRA and the many ways it can help you when structuring your deal. I just wanted to throw out a what if questions to see if I'm on the right track. So here's the s...

I am planing to enter into a JV with another partner and need some opinions on the best way to structure this deal.

1. I will by the LAND with my own funds for $420k (NYC area).

2. Will work with the ...

If you open a side business to start a SD 401k. Are you allowed to contribute gross or net income towards your 17,500 contribution?

I started one this year and only earned about 10,000. I have around 5000 ...

Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...

Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...