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I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
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Scenario: I own a land parcel in my self directed Roth IRA (let's say valued at $50k), and have a small amount of additional funds ($25k) in the Roth account. We plan to build a home and sell (construction budget $250...
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should i make improvements before i take a rental out of my roth ira
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I am new to this so any advice would be helpful. I have set up a Self-Directed IRA and funded it through Advanta in Atlanta. I am required to set up an LLC in order to fund the LLC to make purchases for the IRA. Origi...
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Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...
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Hi BPers,Hope you are all well Wanted to reach out and see if you have any recommendation for a company that can help me use my 401K from previous employers (now with Fidelity IRA) and convert them to a self directed ...
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I am aware of people utilizing self directed IRA's to invest. I have read here that people use their 401k's also. I personally know of someone who uses his pension plan from a private company to invest with. Here a...
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We currently have IRA Services Trust and it's been working on the very passive deals, although I find them slow to respond. I don't see them being a fit for a more active investor (could be wrong). I am considering ...
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Hello BP Community!I’m a new member to BP community and have no experience in REI. I’d like to transfer 50% of my retirement savings invested in stock market to real estate investment for passive income from rentals,...
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Hello, I am currently looking to switch over my 401k to a self directed IRA. My question is about company recommendations to open the IRA in? Do you have particular insights that help you to choose the company for the...