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Can anyone explain how purchasing real estate with your ira(or roth ira) works?
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Investment Info:
Single-family residence buy & hold investment in Panama City.
Purchase price: $84,000
Cash invested: $50,000
Sale price: $180,000
Foreclosed property, initial repairs of $100...
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My wife has a significant balance in her TIAA-CREF account (she is a college professor). Has anyone successfully used TIAA-CREF as a method to purchase real estate similar to using a self-directed IRA? TIAA-CREF is ...
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I work for a Fortune 100 company with a good 401(k) plan. Unfortunately, their "Self-Directed" IRA program is nothing more than the ability to pick your own stocks/bonds. Real estate and other hard asset acquisit...
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A couple quick questions that hopefully someone has some experience with. I am looking at moving into a self directed IRA to purchase additional rental properties. Usually depreciation is one of the most valuable ta...
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not sure if this is the appropriate forum, so I also posted on one other forum. here goes:SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to t...
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I'd like to get started in Rental Homes in my area. I've built a couple of houses for my family from the ground up. I've always liked houses and construction. We had a rental property years ago that I remodeled, bu...
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I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
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Hi everyone, my wife recently reached the dream of being able to retire at 49 thanks to rental properties. Some of her properties are in her self directed IRA. A provision in the IRS code known as 72T allows one to ...
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Hi BP!!!I am interested in getting into real estate and looking at a 6 unit multifamily for $250K.Before I proceed I was wondering which is the best option:1) Get a conventional loan with 20-25% down?2) Get a loan fro...