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Who do you use for a solo 401k? I’m looking for more tax write offs and an account I can use to invest in syndications.
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Hi Experts, Can I buy a distressed property and rehab the property using Self directed IRA funds? I plan to rent it for a few years and sell it depending on the market conditions in the future. Is this below scenario ...
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Have some funds in a self directed IRA already that I plan to purchase property with, let's call this IRA$. With personal cash - MY$. I intend to purchase property below market value, in cash (cash only auctions). Us...
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Hi there ,So I’ll soon be closing on my first deal, it is a vacation /ski rental , numbers are as follows .Sale price: 130,000D.Payment 26,000Renovation 25000Arv :160,000 Annual rental 15,000Now for the part where I’m...
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Hello, I've been reading a few books about real estate investing and I ran into using your current 401k and turning it into a "Real Estate IRA" to purchase investment property. Has anyone else heard of this?
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My partner and I have been discussing the idea of starting a "fund" for our LLC that would allow private individual to "buy in" to our Property Acquisitions capital. The more they invest, the better their return or o...
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Hello,
Can anyone tell me how to take money out of my 401k to buy a property without being penalized with all the taxes? Or even if there is a way to do it.
Thank you
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Okay I’m needing some advice on my business finances. I purchased a mixed residential portfolio in April with 8 units. All need improvements ($5k-$10k/ unit) and rent can be increased substantially.(Current GMI $3676...
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Quick question here. If I open an SDIRA, how much of the balance can be used for investing? Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?
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Hey guys, I'm a young investor and I currently have about 95% of my savings in my 401k. I no longer work for the employer I had the 401k with (if that even makes a difference, I don't know). But I really want to get s...