Is a Roth IRA only able to convert to a self directed IRA, rather than a self directed 401K? Is the checkbook option the preferred method for real estate acquisition?

So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...

Hi everyone,My M2M tenant just informed me he went to court on Monday and now has to pay $476/month for child support. Rent is $450/month. He said he just wanted me to know things might get tight. I said I'm sorry to ...

Upon purchasing my first rental property, my ex "almost" mother-in-law approached me about my willingness to offer the house to my son's father. Obviously, we are no longer together and haven't been for 4.5 years. All...

Hello,I'm dealing with a unique situation with a tenant at one of my rental properties.I got a call from a federal agent this morning that my tenant had been arrested for a federal gun charge. It sounds like he will b...

Does anyone have experience owning rental properties and paying child support in CT? Wondering exactly how rental income is counted towards overall income. I know you can deduct reasonable expenses but what about...

I understand that rental payments for property owned by my SDIRA account (custodian, not LLC-type) need to be handled in an 'arm's length' fashion. I haven’t found a property management software that will collect the ...

Hi BPers,Hope you are all well Wanted to reach out and see if you have any recommendation for a company that can help me use my 401K from previous employers (now with Fidelity IRA) and convert them to a self directed ...

The rep who sells office supplies to my W-2 employer is flipping houses on the side. He took me to lunch today and bragged about how well he's doing. He also mentioned he does absolutely none of the work. He has a tea...