Brad Kanouse
IRA funds as down payment
Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?
Account Closed
Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Martin Senn
Self directed IRA
Does anyone have good experience with a company that offers Self Directed IRA accounts? I have an account with Equity Trust but there fees are high ($350/year) and the service is marginal.
Amy Pfaffman
IRA contributions for real estate investors
Hi everyone,
Since it's year end (or the new year when you're reading this), I was thinking about contributing to my existing Roth IRA or at least moving some money from my traditional IRA to my Roth. I wanted to be ...
Dustin Crawford
Cash in Indexed Annuity IRA for first Investment Property?
Yay! My first post!I'm wanting to buy my first rental property in the next six months. I can go and get a mortgage on a rent home, or I can cash out my IRA from a previous job. I am now a public school teacher in Texa...
Rich Weese
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
David Green
Using IRA to buy rental property
I'm over 59.5 so I can withdrawal money from my IRA without penalties. I have a Roth & Conventional IRA. After watching my retirement funds drop significantly a couple of years ago due to the market I started thin...
Chris Weiler
Can I convert an IRA into a Self Directed 401k?
So we know you can convert a 401K to an IRA. But can you do the reverse? Assuming you're self employed and have an IRA, can you convert it to a SD 401K? How about a Roth IRA into a SD Roth 401K? My ideal plan would be...
Mary Jay
401K at the old job where to transfer so I could borrow from it?
At my old job my 401K won't let me borrow. I want to transfer it somewhere where I can borrow money from it.Do you guys know which plans are the best for borrowing? Self directed IRA's?Thank you!
Amanda G.
Move allocation from self directed IRA to self dir ROTH issues?
Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...