Sandra N.
Borrowing from IRA to buy rentals
I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
Lynn Maher
SD 401k
Hello, I am new and have a newbie question. I am self employed with an S Corp. It is a non real estate business and I am paid as a 1099. I also have a rollover IRA from a previous job. I would like to use the rollover...
Anthony Sulecki
Moving Money In IRA's - Penalties
Question for a friend of mine. He wants to move his money out of his investment IRA's, without incurring any fees. Is this possible?
I don't know a thing about IRA's.
Sophie Wang
File 1099R for solo 401k in plan roth conversion?
Hey guys,I just opened a solo 401k last year and did an in-plan Roth conversion. I am trying to file a 1099R using tax1099.com for the roth conversion and have a couple questions.1. Should the payer be my Company or m...
David Y.
Self Directed Roth IRA
Hi Everyone, Good day! I am a newbie here and I was wondering if anyone knows a good institution for the self directed IRA account that would allow REI later on. I heard that some institutions allow it and some don...
Chris Oconnor
take money out of 401k or open self direct 401k
i am 61 year old retired for 3 years just starting to learn to invest in real estate. should i take money out of my old 401k tobuy property or put in a self direct 401 to buy property?
Natalie Wells
Investing with your 401k
We have a decent amount of money in my husband's 401k (around 100k, maybe a little more). My question is, have any of you taken money out of your 401k and taken the tax hit (which I believe is around 25-30%, possibly ...
Tarcizio Goncalves
Investing in RE with a 403b from an old employer
Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...
Graeme Black
Directing passive income into a Solo 401k?
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
William Good
401k Roll-Over
Hi, I am really new here to Bigger Pockets. I have been a member for a few years, but just recently starting gaining Huge interest in the podcasts. I am changing day jobs this week and that will give me the opportuni...