Hi BP community!
I'm looking for confirmation on whether the home needs to be your primary residence for the first home owner's $10,000 exemption to the 10% early withdrawal penalty? From reading the IRS rules, it l...
After reading Amanda Han's book she mentioned how different the ROTH and 401k was, especially for us as investors. Looking for the directed 401k??? Have not found many places that will be a custodian for them and am a...
Newbie here,I’ve done some research on the Roth IRA,I’m still kind of lost as to where to get started. I have about 5k to invest ,not sure if I want a self directed Ira or Robo advisor. I would really appreciate some...
Is it possible to wholesale/flip property tax free in an IRA?
BP Community, can you provide advice???I contributed the max ($6,000) to my SD Roth IRA in May, knowing my (combined with my wife’s) AGI for 2020 would be under the $196K threshold. I then lent out this $6,000 along w...
Wanting to roll over my traditional 401K to a SD Roth IRA or SD 401K. Which one is the best for real estate investing? Pros and cons?
Hey BP,
I have been self employed for the past 3 years. I have been doing some research on IRAs, but at this point my eyes are starting to cross. I have a nice amount of money sitting multiple retirement plans from ...
I'm currently unemployed and have an open Roth IRA. I have just rehabbed and flipped my first deal. I wanted to know if Im able to make contributions (monthly when I was employed) to the IRA since I'll eventually be...
Can I cash out my Sep and Roth IRA at age 58 -59 on a primary home property purchase without getting hit with a penalty ?
Hello Everybody, I've often wondered about this but I've recently talked to a friend of mine who is in this situation. He owns several rental properties that he bought through his IRA with non conforming loans. He's p...