Michael Lauther
Purchasing an existing LLC in an IRA
we are currently discussing purchasing an existing LLC that has had an offer accepted on a REO.
we need to purchase the LLC because the contract is not assignable to my IRA.
...
John Paul
Retirement Savings options for Non 401K employees
Our current employer does not offer 401K. Started to invest on Roth IRA from past 5 years. The max is only 5.5K yearly contributions we can as per IRS limits. But some of my friends who work has 401K offered by thei...
Kofi Quaye
First time homebuyer IRA withdrawl
Hello,I have money in my 401K. I am leaving my job and I am considering using 10K of my retirement towards a home purchase using the first time homebuyer provision. Can I move my money to a traditional IRA or a Roth ...
Matt DuSold
Using 401K funds for a flip
Sorry if this is answered, I feel like I've seen a lot of different responses on BP and then different responses on the web as well. I guess my question is pretty simple, can you use 401K funds for a flip and if so ho...
Lazar Hausman
Concerns about self dealing in a self directed ira
Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
Thomas Richardson
Investing in 401Ks, IRAs or Real Estate
Hello Everyone,Sorry in advance is this has already been talked about I haven't seen anything on this yet, but I'm new here. I am 26 and have always been very good at saving for retirement. I put 11% of my salary into...
Nick Scalero
Using IRA to fund RE Investments
I've posted before about self-directed IRAs and have continued to learn (but haven't bridged the gap yet).
There are a few companies out there that will help set up what is called a check-book IRA. It goes like this...
Paul Duncan
Self Directed IRA - how to with other people’s money
What is the best method to use other people’s money with a self directed ira? My goal is to use money in someone’s ira (whether my mom, mother in law, or family friend) to purchase real estate. I haven’t talked to a...
Jason Pender
Can I buy land with my SDIRA hold it and then sell it to a company I own?
Can I buy land with an SDIRA, hold it for a period (2yrs for example) and then sell it to a company that I own? I ask because there is some land I'd like to buy and build on but I do not have enough $ in the SDIRA to ...
Robert Willard
LLC Purchase with IRA funds.
My wife and I are using some IRA money to invest in real estate. We will set up an LLC when we create the new IRA and run our Real Estate into that. I reached out to my mortgage guy to run our plan through him and h...