Hello, can I open a self directed 401k, fully fund it with a initial contribution then roll it into a new roth ira to have enough $ to start investing in realestate. TY
Trying to understand something here. If I take a disbursement from my company plan 401k after retirement do I have to file a 1099 like I would if it was a solo401k? I guess what I am trying to ask is what is the diffe...
I'm selling one of our apartment buildings owned outside of our retirement accounts to another investor as a private sale with no RE agents or commissions involved. We own the building in a LLC, lets call this "LLC A"...
Hello there everybody-
I have two questions I would like to ask and hopefully I get some good feed back, thanks in advance!
1. I know the max. contribution to an IRA account for 2008 is $5,000 unless you are over th...
I am a w-2 employee. I would like to start a side business for my wife and I to qualify for sd solo roth 401k. If I start an llc that executes regular marketing, wholesales some properties and completes some rehabs....
Hi BP,Like many buy-and-hold REIs, I'm getting hung up on what entity to form with regard to investing in notes.Have most of you formed an LLC? My understanding is that some exchanges will only sell to an LLC or compa...
I’m new to the SDIRA concept. If I start a new SDIRA in 2016 what is the maximum I can fund/contribute to the SDIRA? If I sell my stock options which is regular income can I fund the new SDIRA?What happens to the po...
I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Bas...
I see that BP has a list of a couple dozen providers that can help me set up a solo IRA. Which are your favorites and why? Anyone not on the list that I should consider? What is a reasonable fee? Any questions you rec...
I'm a W-2, gig economy worker in TV. I've been doing this about 15 years, I'm 40 years old. 90% of my income is W-2 the other 10% is 1099. I have been doing a Roth IRA for about 4 years and I opened a regular broke...