Michael Plaks
Tax reform Q&A Thread 3 - Itemized and business deductions
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
David Morgan
Self-directed Roth 401(k) questions
I have a few questions about investing in real estate with a Roth 401(k):
1.) If at age 45 I buy a vacation rental, and at age 59.5 I want to start using it for family vacations, would I first need to distribute the ...
Leah Pratt
Am I dreaming or can this be done
I have been told I can buy a 20 unit multifamily. I have 20K in a self directed Roth IRA with checkbook privileges and about 5K cash.
Is this possible or am I dreaming?
Thanks for any feedback. Or any how to's...
Bradley Miller
Need advice on investing with a self-directed IRA.
Currently I have a traditional IRA in my Fidelity account sitting in cash that I would like to use to invest in a cre syndication or maybe a note or debt fund... but first I would need transfer funds into a self direc...
Stephanie Douglass
Should I cash out my Roth IRA? Teacher Retirement?
Hi Bigger Pockets! I have about $6k in a Roth IRA. I just looked at my quarterly statement and I made $43 this quarter..... can anyone shed some light on cashing out an IRA. I also have about $20k in my teacher retire...
Brittney J.
401K Self Directed IRA in an LLC
1. I have an opportunity to use my 401k selfdireted IRA (which is an LLC, so the member is uDirect, and I am the Manager) for a commercial real estate deal. I will be purchasing the commercial property with another ...
John McAuley
Can my Solo 401k sell a house to another LLC I own?
Hi Guys,Would it be possible for me to purchase a home with my Solo 401k, fix it up, then flip it to an LLC I use for my buy and hold rentals? Basically I would use the funds in the 401k to purchase my deals, fix the...
Justin Robinson-Howe
Self Directed IRAs Questions
Seeking a bit of guidance on SDIRAs. Background: I own a handful of properties in Maine and am looking to grow my portfolio. My grandmother has a sizable IRA and is becoming more and more apprehensive about her tradit...
Danell Lynn
Land owner in Cape Coral, looking to possibly sell
I have a great piece of property in Cape Coral, and a relative owns a few more, we are seeing the great sales in our area happening and looking to possibly sell. Not sure the first steps, as not and out and out regula...
Patricia Gammage
Prohibited Transactions - SDIRA
Need your input for planning purposes - thanks much in advance.
My son and his business partner formed a partnership. My son owns a 49% interest in a partnership and his business partner owns a 51% interest of the p...