It seems that all self-directed IRAs are offered by relatively small companies which have somewhat recently appeared. I'm not against small businesses. However, what happens if the SD IRA trustee goes bankrupt? The...
Has anyone used a self directed IRA to purchase real estate? If you buy a property, renovate it and flip it, do you still pay taxes on the profit if you put all of it back into the IRA, including the amount you pulle...
I wish to start an IRA LLC with two bank accounts. One with pre-tax funds from a 401k roll-over and the other with post-tax funds from a ROTH IRA. Does the IRS require two separate LLC's to manage the pre and post t...
Hey my employer doesnt offer any retirement plan but i want to start one. What do you suggest? 401k, IRA or what?
I am a real estate agent and property manager with about a dozen properties and I plan on growing significantly in '23 and '24. My brother is a financial advisor and he was telling me that he has an IRA and he regula...
Write Hello BP community! I am a newbie. Joined BP last year and closed on my first rental half duplex this past November. The duplex is rented and is cash flowing almost $300 a month. But - after buying that rental w...
As a long time purchaser of tax certificates in various states and for various entities, I was wondering about the feasibility of utilizing an LLC for the sole purpose of bidding and assigning out certificates to v...
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
What is the best way to utilize a self directed IRA to purchase and flip homes?I have a client that asked me this question tonight and I was stumped. Please help!
My father has some annuities coming due this spring. A couple of them(his + inherited from his wife) are held inside Roth IRAs. It is my understanding that you can hold property inside a self directed Roth IRA. It ...