A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
Is it possible to roll another personal IRA into an already established SDIRA and then into the LLC already established under this SDIRA. I already have two properties in the LLC and would like to move the money f...
Disclaimer: I will seek valid legal counsel when appropriate -- just trying to vet the conceptUnder the BRRR strategy if I had a checkbook IRA could this be used to purchase / rehab then before or right after Rent c...
Does anyone know of any restrictions pertaining to Fannie Mae Homepath properties and agents buying them to flip? I thought I had Heard of something.
I have a friend who has been renting from this landlord for about 2.5 years now and his lease is set to expire in May. He just received a call from his landlord today stating that he needs to be about by the time his ...
Are either of these scenarios considered prohibited transactions:1) Purchasing a property with SDIRA funds plus my own cash.2) Purchasing a property with SDIRA funds plus traditional bank financing, then using my own ...
Good morning everyone! So I’m thinking of leaving federal service and moving what I have in TSP into a self directed IRA in order to purchase some rentals. I understand that all the income generated by that property n...
I'll make this short and to the point...The wife and I have two 401(k) accounts (one for each of us) from a previous employer totaling roughly 62k. We'd like to combine our 401(k)s into (hopefully one) self-directed f...
I know an IRA can be used to purchase real estate, but can I combine IRA funds with non-IRA funds to buy a single property? I.e. I would see it as a partnership from a tax perspective, with IRA owning a portion, and ...
I'm looking at a property in semi-rural TN located in a county that does not currently have any STR restrictions. I'm well aware of the adage that it's best to buy where STRs are already regulated so you know what yo...