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is anyone willing to give me a full breakdown on how using a self directed IRA works? I am so confused. ive watched a webinar and read several blog posts & i am still confused. You can't use your own? but you can ...
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Hello BP!I am interested in exploring more of the options for receiving financing through a joint venture with a Self-directed IRA. I think this is a really great way to find and attract capital to your business, whil...
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I've been researching SD IRAs and came upon a discussion in another forum regarding the tax treatment of Vacation Rentals. The thread had nothing to do SD IRAs, but mentioned that the IRS treats vacation rentals (...
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Hi, I am new into this whole IRA thing and need some education on the concept of self directed Roth IRA and self directed tranditional IRA. Please correct me if I misunderstand any of these concept.For self-directed R...
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Hello everyone,I have a question that been bothering me for quite some time. I’m hoping some of you with more experience can help spread some light on the situation. I’ll try to be to the point.For years I’ve been r...
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My mom has an annuity w/ about 40k. She is telling me that is my inheritance. Its currently in a fixed annuity and can barely keep up w/ inflation. I want to use those funds for a deal. I am new to the self directed I...
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Good morning BiggerPockets Team!
Can anyone direct me to someone who can talk to me about self-directed IRAs/401ks and if either is a fit for me?
Thank you for any leads in advance!
Jarod
Hi,
I know someone who wants to lend me money from his retirement account.
I have suggested that he set up a self-directed IRA, which could then put his money into an escrow account, where he could basi...
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Hello BP community:Recently I have been in the process of talking to a lot people regarding buy and holds and flipping.By some luck I met a woman who has been flipping for the last 20 years and has offered to walk me ...
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Hi, I've gotten myself into a big pickle by taking a distribution out of my IRA believing that if I transferred the money from my traditional IRA to my Self Directed that I could spend it on Real Estate penalty free, ...