I was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
1. I am going with a gentleman by the name of Jeff Dixon with uDirect. anyone out there have any information re: individual or company?2. am leaning towards "checkbook control" with IRA purchase of LLC, which holds...
If I have personal retirement funds in a self directed IRA right now, what options do I have for investing this in real estate? And can I use this money to invest in real estate for my own business (to fund rehab cos...
Thank you to anyone in advance that could help me with this loaded question / situation. My father use to own a piece of industrial land with two commercial rental bays on the lot. About 9 years ago he transferred tit...
Hey Everyone,Situation: I am 25 year-old living in Rochester, NY with a Bachelors in Finance. Licensed RE Agent (although I do not do many deals) Work full-time (25k salary). One of my father's retirement account from...
I'm starting out wholesaling houses, but one of my concerns is how to protect your earned money. Definitely I understand that everyone needs to pay taxes, but which would be a way to protect the money as much as you c...
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions. I read around online that stated I should go ahead and file form 2553 to be taxed as an S-Corp. I called a CPA for advice on it...
Hello I am looking to get started in investing in real estate but I have a issue. Starting from scratch---I bought my first home almost 10 years ago, my plan was to stay in it for 3-5 years Refi to get my bills lower ...
I’ve read most of the posts about self directed IRAs and just need a custodian or broker to work with. The broker managing my traditional IRA has no experience with them.
Any guidance to choosing someone to help me i...
hello BP real estate geniuses! I could use some advice. A few months ago I bought a property that was mistakenly deeded to me instead of my retirement account. The closing attorney didn't ask who to deed the property ...