Richelle Hatch
401k
I have a question, I heard that you could use your 401K to buy real estate without having to pay penalties or taxes, is this true?
Rona Faison
Anyone using a solo 401k for purchasing properties
Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
David Lee
Can I start an LLC with my self directed IRA?
I was wondering if I could start an LLC with my self directed IRA. I was considering purchasing property with the LLC and loaning money to purchase property in the LLC. Does anyone know if this can be done? If so d...
Tookie Nemchak
Hadn't counted on this curveball - refinance woes
In July, my husband and I invested $112,000 in a single family home. We financed it through a mortgage company with 20% down obtained by selling stocks. After putting $3500 into it, the home is now valued at $150,000...
Tom Hertz
Rental Property Purchased with IRA
I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the managemen...
Bob Basting
Where to move 401(k) to start investing
I've got a 401(k) with a previous employer that is not doing much in the market these days. I'm considering moving this into either a self-directed IRA (Checkbook) or a 401(a) under my own LLC. Any insight into either...
Paul Tanso
How to structure a deal between partners and investors?
I have a question that may or may not have a one size fits all answer, but here goes. My partners and I are looking at a deal that will require us to round up investors. We are planning to target family and friends. W...
Max Voz
Residential property as Property held for investment
Hello,
I reside in the Bay Area and currently, I do not own any domestic real estate properties. However, I have a home in a foreign country, for which I took out a loan to finance the purchase. If I categorize this ...
John H.
Plan to buy first multi family , don’t have hard cash
I plan to buy my first multi family property very soon. The problem is I don’t have hard cash. I How can I get enough cash to buy it? How can I get the lowest interest rate? I have some equity in my current house (es...
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...