Hello, I've been reading a few books about real estate investing and I ran into using your current 401k and turning it into a "Real Estate IRA" to purchase investment property. Has anyone else heard of this?
I just purchased my first two apartment building via syndication last year and we collect a 2% asset management fee. My CPA is now telling me that this asset management fee will be subject to self employment tax. I ...
I understand that there is a way to roll over funds from a 401K into a IRA; self directed I think.Has anyone done that? I hate to see all that money there and not being able to fully use all of it as a line of credit ...
I have 90K or so in my TSP.
I’m interested in using it more effectively.
I currently have one rental property.
I don’t currently have a real estate investment LLC, but I’m thinking about making one.
I don’t curren...
Hi guys, I have a question, I'm just starting should i start a corporation or an LLC for my investing
Thanks to everyone at BiggerPockets, I got my first deal under contract! I've had my Roth IRA for 5 years, but recently rolled it over from Merrill Edge to Betterment. Does anyone know if I can still use this as part ...
Does anyone know a great company to help transfer TSP account to Self Directed IRA?Secondly when using a Self Directed IRA, can the person privately invest. Meaning if I have the deal can they loan me the money going...
One of the books I'm reading says that it's best to pay the SDIRA yearly fees out of pocket to maximize the amount of money.Now, I'm sure the transaction fees of an investment have to be paid by the SDIRA but is it st...
I have a client who is 62 yrs old. He would like to request a 401K lum sum distribution from his employer for downpayment of an investment property sometimes in the year. Say the amount of 401K distribution is $40K ...
I have been trying to educate myself on the advantages of a Self-directed IRA vs Roth IRA. My curiosity was peaked when I listened to a Podcast recently about a gentlemen that purchases "investment properties" with h...