Xavier Benitez
Is this legal?
Lets say I find a house for rent, I agree that I want the house for rent. But, I don't use the house instead I rent out the house to someone else and charge them extra so I make a profit. Just wondering is this legal
Joddie Partch
Self-Directed 401K Services Provided Conflict
I am looking for a feedback on the potential investment that I would like to make with my self-directed retirement account. I have a client, a partnership, that I provide services to. They are looking to buy a commerc...
Mark Beekman
Non-contingent, cash offer -- Can you still mortgage?
This may be a stupid question, but I thought I'd ask anyway.
If you make a contingency-free, cash offer on a property, can you still mortgage it? That is, if you we're to decide after the agreement is signed ...
Kiki Helland
SDIRA - Buy Property back that was quitclaimed
My sis and I inherited a piece of property from our parents which was bought by our mom many years ago. We had to go through probate on this raw land and soon we will have title but I will be quit claiming my interest...
Ben Unger
Using Parents Roth IRA for funding?
Hello BP,I have read a few forum posts about using SDIRA as a means of private lending. I still am not sure how to go about doing this, and what would be the up front costs to me or the lender (I.e. my parents) if don...
Peter Crabtree
Regarding inherited renters....
Good evening BP! A couple of quick questions if I may, I have bought an off-market duplex with inherited tenants. Basically a turn-key property. Here are my question...1) When I went to introduce myself to the tenan...
Stephen N.
Calling all self directed IRA experts
i have a purchase agreement on a house that is scheduled to close in a couple of weeks. the contract lists my LLC as the buyer. However, I would like for my IRA to purchase the property instead. Can i just assign th...
Karen Bruck
Can I use a 1031 exchange to buy siblings part of inherited home
Hello everyone. First time question but have been helped many times with the great advice found on this website.My Mother's house is located in San Diego, CA. When she passes, the house will be left to 4 adult childre...
Denise Holder
IRA, Self directed IRA, distribution. Oops
Hi, I've gotten myself into a big pickle by taking a distribution out of my IRA believing that if I transferred the money from my traditional IRA to my Self Directed that I could spend it on Real Estate penalty free, ...
Sam Wichita
self directed ira loan
can your own self directed IRA loan to your LLC? would it just be a promisory note situation?