If I use my self-direct IRA for down payment of a multifamily, how do I take the profit out if the funds needs to stay within the IRA. Are most people taking the profit out and incurring a tax penalty for it?
I can't believe that I'm 60 and have just discovered Self-directed IRAs! My husband and I are now very excited about the idea of buying 1-2 houses in our neighborhood. We're not interested in flipping. We’re more li...
What does someone need to do to have a SDHSA? I know there is a local bank that I can setup an account with. Is there a custodian that needs to be involved or can you DIY?
It's my understanding that someone can not use there self-directed IRA to benefit their direct family. In other words, I couldn't use my self-directed IRA to put a down-payment on a property that my brother will use ...
Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
I’m planning to flip a house, I was talking to my ex-wife about it. When I got to part about a hard money loan and the interest rates she mentioned cashing out her Roth 401k and loaning me the money. She just recently...
Hi All, I am looking to discuss who has used a self directed IRA to partner up with your own LLC to buy real estate. Can you rent your property to someone and then sublet it from them to get around the disqualificati...
I’m a member of an LLC investing in real estate. We all have equal rights. Can my Self directed IRA custodian also become an investor or member of the same LLC?
So I had an idea this morning, curious if this is legal and/or recommended.Here is my idea:I have an LLC that operates my real estate investment businessI have a self-directed IRA LLC with about $40kMy friend has an L...
There is a private lending fund established to provide hard money loans to rehab single family homes. Investment in the fund is not tied to a specific property. The Note and Mortgages are directly through fund. I a...