I was at an event where the speaker (Bill Bronchick) mentions he uses his Self-Directed IRA to invest in properties; however, I can't recall the term... But he basically said he runs it out of his own check book. Alm...
I am trying to figure out that how will the actual draw for a distribution be made? Would it be mage through a W-2 paycheck as bonuses, or a separate check/bank withdrawal, or paid at the end of year etc... Also I wan...
I would like to withdrawal some money (~10k) from my 401k to help my mother purchase a property; is anyone familiar with this process? If you withdrawal money from your 401k are there penalties and/or taxes to pay? I ...
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 Everyone, I am just starting out in the real estate investing game, by just starting out I mean still putting together funds, and I have a question regarding Self Directed IRAs being used under an LLC. I would like...
Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips. To clarify, I have a multiple member LLC (me and my husband). In that LLC, I make some private...
Hello everyone,I am just starting out with the Wholesale Real Estate process and appreciate any advise on this topic so that I have a clear understanding about the DOs and DONt in RE Investing with SDIRA.Is finder fee...
My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...
any recommendaions forsolo self-directed IRA and fees in Orange Ca
I'm looking to leave my W2 job at some point soon and need to roll over my 401k to an SD IRA or Solo 401k. I'm a pro member and see a few different ones on BP, which ones do you BPers recommend if I want to continue p...