I have a little over $250K in my 401k and just finished my Real estate continuing education whereI learned quite a bit about SD IRA.I am looking for a partnership with someone who has similar funds or more in their 40...
We have a multifamily investment where we invested in the LLC on with personal cash. I am a limited partner with no management of the asset. The investment is now in some trouble, and several of the investors are look...
Would this be a prohibited transaction- Let's say I purchase a commercial office building with my SDIRA and lease that property to my full time employer. I am in outside sales and may use the office sometimes. Am I p...
Hello BP,What are some of issues that can arise from using self directed IRA to purchase mobile home park with partners? It would be all tenant owned homes. Thank you in advance!Tosh
Hi all, I think I know the answer to this one but wanted to verify with the group. I have a client that is interested in purchasing a commercial building utilizing funds in their IRA. Post close they want to either ...
I already own a rental house and I was wondering if there’s a way to transfer it into my IRA by buying off the loan with money from my IRA? If this is not possible could I sell it to an intermediary and have them sell...
Nice lady came to see me yesterday. 73 years old. In March 2016 she moved $30,000 from her IRA to her checking account and then a few days later she moved it to another IRA. An indirect rollover. That went so well sh...
My wife has a SDIRA. From what I u see stand, because I’m not connected to her linearly, I should be “qualified” in terms of being able to take profits on deals. Scenario:Wife and I structure $100k deal flip through h...
How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
There is a recent post from Cal C from Georgia who polled members how much money has BP made you. I think indirectly, if you have made money investing in real estate that BP had something to do with it. My question is...