Greg Kehoe
How Do I Amend a 1099 Associated with an IRA Distribution
Over 10 years ago, my wife and I rolled over some funds we had in our IRA's to purchase a piece of property under a self directedIRA administered by a trust company. in the Fall, 2017 I turned 70 and decided to roll t...
Hank Hebel
Inherited IRA Rollover Question
I have a question related to an inherited IRA account. My dad passed away in 2016 and I rolled his retirement accounts into an inherited IRA with vanguard. My question is pretty straightforward: are there any tax im...
Jackie P.
Force Placed Insurance on IRA LLC Asset
My IRA LLC is the lender on a property (MH and land) in TX and has been for several years. Over the last year or so the borrower has been violating her deed of trust by not responding to the insurance renewals and not...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Shari Posey
A Perfect Time to Move IRA Money into Real Estate
The past two weeks have only strengthened my resolve to end all investments in mutual funds and stocks to invest in solely real estate. I reviewed my investments last year, before the crisis, and my 10-year returns on...
Steve S.
How can I use my 401k to buy rental properties?
Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
William Allen
Naming IRA LLC
Any gotchas when setting up your IRA LLC when it comes to naming the entity? The answer from the company I am using is "you can choose the name of the LLC." I would suspect it would need to include my name followed ...
Daniel Foster
Self-Directed IRA VS Solo 401K
I am looking for some advice and comparisons between a Self-Directed IRA vs a Solo 401K. I have scanned through the various threads and have a couple of books on order, but could use some advice. I will likely have ...
David Lee
Can I pay myself with my IRA for the work I do?
I just recently opened a self directed IRA and have not purchased anything yet but I have been looking. I was wondering if I purchased a place and did the repairs myself can I pay myself like a contractor or would ...
Rhonda Green
Cashing out on 401K/IRA to purchase apartment building
Looking for insight on the detailed process of braving the idea of cashing out my retirement plan to purchase apartment building. I would appreciate some specifics on a reputable intermediary to utilize to make every...