Derreck Wells
MA Lead Paint Laws - Important Info
Hey all,I just want to give you all a little heads up on the Massachusetts lead based paint laws. If you're new to investing, this could be one of the most important posts you read. I'm going to break it down in laym...
Craig C.
PA - Security Deposit questions (interest, renewals)
In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...
Ed Brownstein
Cookie-Cutter Solo 401k plan from discount broker?
It appears that some of the brokers have cookie-cutter Solo 401k plan agreements for their customers. Reading through the agreements the plans allow for Real Estate & loans. I know mysolo401k.com allows their pl...
Derek Morrison
Giving someone else a loan from a 401k
Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...
Rebecca Schneider
using IRA money to invest in LLC
anyone have any good experiences with the financial companies who are offering to let you use your IRA funds to invest in a LLC that gets created for the purpose of purchasing real estate. I see a lot of options adve...
Syed Rizvi
Tax Efficient Way to Cash Out of Stocks to Purchase Property
Hi BPer's,I'd like to convert some of my stock and bond holdings to cash and then purchase an owner-occupied investment property with those funds (using the FHA loan, probably less than 10% down payment). I have held ...
Mike Rutherford
Solo 401K or Self Directed IRA Providers
I’m looking at rolling over my 401K into either a Solo 401K or SDI. I’ve researched the pros and cons of each. My lean is Solo 401K because I have a small business. I also plan to buy real estate with it using leve...
Robert Burns
Prohibited Transactions in Self Directed IRA's
I need some input regarding a Self Directed IRA. If I bought a mobile home or other property through that IRA and collected the lease payments from a lease purchase agreement and paid the federal and state taxes woul...
Ondrej Brown
Using Roth IRA to buy property ?
Can you use your Roth IRA to buy your first rental property? I was curious, I been putting a lot of money into my Roth but also saving extra funds on the side for strictly Real Estate . Please comment below some strat...
Charles May
Self-Directed IRA To Purchase Rental Homes
Hello,
Sort of new to BP. I am looking to purchase a rental home in my area, current listing is for $49K. My question is this. I have around $20K in my current 401(k) at work that I would like to roll into a SD IRA. ...