Josh Boyd
Borrow from IRA for BRRR repairs?
Rookie investor here.
Is it true that I can borrow from my IRA for the brrr strategy if the funds are being used for repairs? If so, what are the pitfalls? Thank you.
Shane H.
Direct 401k rollover to IRA? - Didnt cash check in 60 days???
I have a unique situation (I didnt realize it could be a situation until today) (disclaimer for any responders) - I'm asking this question with the understanding anyone that responds is not providing legal advice and ...
Michael Forbes
Roth IRA/401k withdrawal for REI - Need Tax Help
Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...
Sahil K.
Rollover from Employer 401k to Solok.. and more
Hi! I’m currently working full time (on W2) and have money in my employer 401k. I found another full time job and will have 10 days in between the two jobs. I am planning to roll over the 401k into a Solok, but have a...
Skip Reath
Converting 401k to SDIRAs
Question? Is it possible to roll a 401k that I self direct into a single SDIRA that would hold both traditional and Roth monies. Right now my 401k has both traditional and Roth money commingled in a single account ...
Mike S.
Buy asset from ROTH IRA to ROTH 401k. Prohibited transaction?
While it is not possible to roll over from a ROTH IRA to a ROTH 401(k), would it be possible to have the ROTH 401(k) buy an asset from a ROTH IRA? Would it be a prohibited transaction?I have some investments in a synd...
David Rundle
401k to self directed IRA question
Hello! Let's assume a person named Investor X has $100k exactly in a 401k and wants to begin buying homes.
I'm assuming step 1 would be for Investor X to roll over his 401k to a self directed IRA, but what's ...
Tom Voss
Utilizing 401k Rollover to fund a Self Directed IRA
So here's my issue... I'm open to any suggestions or ideas.I've made an offer on a property that I would be purchasing with cash via a self directed IRA. The IRA is a little short for the purchase and repairs that wo...
Kal Paneliya
Withdrawing money from SEP IRA to real estate investment
Hello BP Community!Can somebody please educate me on this topic below? Your help will be greatly appreciated.Can I withdraw money from my IRA account for a rental property? If so, what are the requirements for it? My ...
Dan Rudolph
Small Business Owner's retirement locked into his own 401k?
I have a friend that runs a small business with employees. His company currently offers a 401k plan that he set up through Ameriprise.He is heavily invested in this 401k and would like to be able to diversify his ret...