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I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
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Hello BP'ers,
This is a follow up post to an earlier related post:
http://www.biggerpockets.com/forums/51/topics/81186-1099-on-self-directed-ira-for-a-contractor
How do I obtain an EIN for an SDIRA (not an LLC)?
M...
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Hello, I am new and have a newbie question. I am self employed with an S Corp. It is a non real estate business and I am paid as a 1099. I also have a rollover IRA from a previous job. I would like to use the rollover...
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What would you guys do with 10k in an IRA account, what Ive been observing is i kinda have to jump into it unless i will never feel content with the information i have learned. I don't know much about real estate but ...
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I've posted before about self-directed IRAs and have continued to learn (but haven't bridged the gap yet).
There are a few companies out there that will help set up what is called a check-book IRA. It goes like this...
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I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...
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I searched through the forums, and found a lot of people asking about liquidating 401k/IRA etc. But I could not find anything about whether or not BP members even put money into traditional retirement investments. So...
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My neighbor passed away unexpectedly. He was a lovely man, but a real slob, and I am trying to buy his house from his next of kin, a brother & sister who are not as eager to sell as we had hoped. The place needs a...
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For my current rental property, I file a Schedule E each year. And I have to track all expenses and income to do so.
Once I set up and fund an SDIRA via transfer from a regular IRA, what are the reporting req...
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Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?