Has anyone used their 401k savings to purchase investment properties or is the penalties and being taxed twice just too much? Thanks in advance.
I would love advice on what to do for financing a first property.
Backstory: I have alerted my employer that I am leaving my job in July. We will be moving to another state-yet to be determined. Basically my ...
I am working on building a list of self-directed IRA companies. Here is what I have so far:
1. Entrust
2. Equity Trust
3. Pensco
4. Sterling
5. UDirect
6. Asset Exchange Strategies
7. American Pension Service...
I am 30 years old and I have always put 5% towards my 401(k) (my employer matches 25 cents on the dollar) and both my wife and I max out our Roth IRAs each year ($5,500 each).One of my big goals is to retire early and...
I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...
I was just told about buying and selling a home. I can take the profit and put it in a self diredted IRA. I can then use this as my retirement.
Does any one do this and can you tell me more?
Thanks for your input.
D4
Hello everyone wanted to ask a few questions in regards to setting up a SDIRA. I have a 401k with one of my employers not much money in it only like 2 years old. I wanted to setup a SDIRA when I do my first investment...
I have been researching REI with IRA money. Here are some of my thoughts, and I would love to hear what you think? More importantly, what are you investing with your self directed IRA and why.There are many tax bene...
Hey BP,I am from Northeast Pennsylvania near Scranton. I am 22 years old and will be graduating from Penn State in May with a B.S. in Accounting. Also, I have $0 in student loans and I have enough cash to put down 20%...
Hello BP people!
I have a financing question! I am desperately trying to find a company who will do a HELOC on one of our homes so we can purchase some new properties. The difficultly we are running into is I just c...