Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...
Hello BP,I am interested in switching my 401K over to a self-directed IRA. Does anyone on BP know how this process works?
Hello there everybody-
I have two questions I would like to ask and hopefully I get some good feed back, thanks in advance!
1. I know the max. contribution to an IRA account for 2008 is $5,000 unless you are over th...
I am newbie and would like to use my 401k to buy my first property any directions would be greatly appreciated?
Hello BP Members,I am planning to invest in a real estate syndication deal through my self directed IRA. The asset is an apartment complex and the goal is to hold it for a period of 4-5 years, make value adds to the p...
I’ve seen parts of this question answered, in previous threads, but looking for a more comprehensive answer/advice.Quick background, I currently work a W2 job, have my real estate license and practice general brokerag...
Hello, After doing some reading and listening to multiple podcasts, it is obvious that the IRA Act has lots of improvements for retirement savings. One things that does NOT seem to be clear, at least to me, is how the...
I currently have just under $10k in 401k funds available. I've heard of self-directed IRA's being used for real estate, and I'd like to potentially look into utilizing one now or in the future, or some other type of v...
Found out at #NoteCamp in a presentation by Tyler Carter from Nuview IRA that compared to a SDIRA, with a 401K, you can....1. Contribute up to $53,000 ($59,000 if you're over 50) in a year to a 401K where the annual c...
I'm new to investing and I asked an investor can I partner up with him on his next flip. He will purchase the property and I will I put the money up for the rehab. Here is what was presented to me. Does this sound l...