Steve Shaffer
CARES Act 401K to Self Directed IRA Hack
Hello all! I am a multifamily investor in Fargo, ND and was looking at some of the CARES act provisions regarding the 401k withdrawal (not loan). I was reviewing the docs from my custodian and that led me to the act...
Phil Milner
DST Round Trip with Defeasance Added To Debt - Added Risk?
I has just experienced my first DST round trip. The defeasance cost
caught me by surprise. The sale occurred at the end of year 5 causing
five years of early payoff penalty interest. The cost was added to our
...
Brian Joseph
Self directed ira solo401k advice
Hi All, I need some advice on self-directing ira to put the money into a deal. I Have a duplex deal I'm about to write up and I need to roll my 401k into something I can use for the downpayment. What direction should ...
Alexis Bliss
Seeking SDIRA/40ak w/ Loan Function
This topic has been around forever, but it's now 2019 and the landscape continuously changes. I'm looking for a self-directed IRA which will let me hold a variety of asset classes (I currently hold cash, a mortgage n...
Sharifa Bennett
Lease Termination for A Tenant Allowed to Stay an Extra 30 Days
Purchasing a duplex with tenants with a lease ending March 30th. They've asked for extra time to find another rental. My realtor has added an amendment to the agreement that requires the seller to provide 60 days noti...
Tech Cheng
Cares act distribution vs SDIRA
I’m looking to use retirement fund to invest. Heard about the Cares act distribution (if you’ve faced covid hardship-which I am)So wondering if it’s better to take the 401k funds out before end of 2020 (tax breaks) Vs...
Account Closed
Can I roll a SDIRA funds BACK into my 401(k) in the same year?
Earlier this year, I setup an SDIRA and rolled a portion of my previous employer's 401(k) into it. Now, I'd like to roll a portion of that initial portion back to the 401(k). I've confirmed that I am able to do this, ...
Robbie Pratt
Can I use my Self-Directed IRA for renovations on a rental property? This Property is currently my primary residence.
My family and I currently reside in a 3/2 1500SF SFH. I bought it about 6 months ago with the intention of turning it into a rental in the next 1-3 years as our family grows. There is about $7K worth of repairs t...
Basilio Alcantara
Using an IRA withdrawal to buy investment property
Hello Everybody,
Quick question, Can I buy an investment property by taking a temporary withdrawal from my IRA Account and avoid paying taxes/10% penalties by putting the money back in the account within 60 days from...
Tanner Sommese
Pre occupied multi family
Looking for multi family homes, found a duplex on the MLS... both sides are currently rented out so there are no photos of the inside. How can I have a professional look at the inside before buying. It seems like a ga...