Kevin Kim
Can I use my Traditional IRA to buy Investment Properties?
Hello Everyone,After doing some research, I've learned that an individual is allowed to take out a maximum of $10,000 from your Self Directed IRA to purchase your first home without any penalties. Of course this would...
Mark Vandzura
Camaplan vs equity trust
Hey BP members,I’m looking into self directed IRA’s. Does anyone have experience with Camaplan or Equity Trust? Is one better than the other? What’s the best bang for my buck? Love to hear your thoughts and experiences.
Ken Sanders
Self-Directed 401k Loan --Maximum Allowable Interest?
I'm looking to take out a loan from my self-directed 401k, but I'm curious as to what interest rate to charge myself. I actually want to charge myself as much interest as possible since I'm not planning on contributin...
JC Conchas
Solo 401K for real estate purchase
Hi everyone,I'm leaning towards opening a solo 401k vs a SDIRA, for buying and holding multifamily properties. But I have a question that I would like answered before I can make a final decision.My question is, I unde...
Victor A.
Checkbook SDIRA LLC - how are taxes handled?
I am planning to open a Checkbook Self-Directed IRA LLC through a custodian that supports these accounts. I understand that you also need to obtain an EIN for the purpose of opening a bank account in the LLC's name, ...
Heather Horton
Experience in buying real estate in a self-directed IRA?
Does anyone have experience buying real estate in a self-directed IRA? I made an offer today to buy a piece of property in my IRA, but still have some questions. Specifically, I am a real estate agent, so am represe...
Michael Swope
401K and IRA or save all for real estate investing?
I was wondering if i could get everyone's thoughts on not investing into my 401k and Roth IRA anymore. I currently utilize my companies matching of 6% and put 250 a month into my Roth IRA. Been really hands off of my ...
Scott Smith
utilities in property held in IRA/LLC
Hello all - I just closed on a rental purchased by my IRA/LLC. Probably 10 days to 2 weeks away from advertising for renters. In the meantime, can I put utilities in my name personally, as long as any and all expens...
Alan Diamond
Rollover 401k in NY
Hi Everyone,I have enough in a older 401k from a previous employer. I would like to transfer this to a self directed IRA to use for the downpayment on another rental house. Are there any NY specific concerns or impa...
Douglas Allen Mundy
CheckbookIRA and Kingdom Trust IRA was not worth it for me
In June of 2015 I went thru the whole process of setting up an LLC with an IRA with Checkbook IRA, which at the time seemed legit. Those jack rabbits charged me $1100 to get it all set up, then I had to pay $125 to r...