Brent Mattison
IRA to fund LLC
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Gary P.
My first RE investment before the first rent check
My first post while riding the ripple of closing on my first investment propertyWhy?I followed the path I was taught since grammar school: go to school, get a job, live below your means, save your money, retire. While...
Account Closed
Ashcroft capital - Paused Distributions
Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues?
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...
Melissa Shimmin
Self Directed IRAs for RE Investing Recommendations
Looking for recommendations for companies/institutions offering IRAs in which to rollover my 401K so that I can use the funds to invest in Real Estate.
I'm looking at Entrust Group. Does anyone have experience with ...
Martin Senn
Self directed IRA
Does anyone have good experience with a company that offers Self Directed IRA accounts? I have an account with Equity Trust but there fees are high ($350/year) and the service is marginal.
Ramsey Howard
SDIRA Rental Income
Quick question, purchasing a long term rental through a sdira, how exactly does the rental income get back in the ira? Obviously I haven't set this up yet as I would probably know the answer, just thinking ahead.
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Donald S.
50k SDIRA or Solo-401k, ideals on which and what strategy?
Hey Everyone,I've got about 51,500 in a TSP account that I can't contribute to anymore since I'm no longer in the Marines. Part of this money is Tax-deferred, part is ROTH, and part is tax-exempt (from contributions m...
Arthur Voskanyan
Home Equity Fund Disbursement
How are home equity loans issued? In what form? Is it a card? Are they deposited into a checkings? Is it a credit card, but I’m not referring to a HELOC just a fixed Home Equity loan? How is it paid out? Thank you guy...
Bradford Myatt
Quarter Interest in Real Estate LLC
Hey All,I just had a quick tax question. I hold one-quarter interest in a LLC that currently just holds one two-family home. I know this is looking ahead, but how are taxes handled as a tax pass through entity? Do I ...