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I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?
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Currently, my wife, our 3 children and I live with her parents. We sat down with our RE agent for the first time yesterday to discuss our goals with REI. Our plan is to finance our first home with at least a 20% DP, f...
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We're just finishing our medical marathon, and planning a move to Atlanta to begin our real estate investment--hacking/flipping work. We will need a local CPA or attorney to help us convert our IRA to a self-directe...
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Hello Wise Tax Professionals,Quick question for you. I'm not actually in a position to do the below, but I'm going to be a hypothetical person with a crap ton of money in retirement accounts, a mix of 401k and IRA.- I...
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Once I have rolled over money into a self directed IRA, do I need to invest right away? Is there a time limit to invest?
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Ok so, it's official! Per Drs. orders; after not working; due to an 'On-The-Job' injury, collecting Workers Comp for almost 3 yr I may need/be medically forced from trucking.My question is: although I only have 118k i...
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Hello BP family,I need your help! I currently reside in Riverside California, and was looking to buy my first home, but a 4plex to start my investing endeavor. Everything I’m looking at seems to be so high, and the ch...
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How can I use an SDIRA to invest in a property that I or my business is able to use? My assumption is this is not an option. Any other ways to look at this problem and fund real estate investment that I can use from a...
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This is just a post about some things I learned about opening a self directed IRA.I recently opened a self directed IRA and transferred some after-tax money in my employer's 401k managed by Vanguard, to the self direc...
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I’ve seen parts of this question answered, in previous threads, but looking for a more comprehensive answer/advice.Quick background, I currently work a W2 job, have my real estate license and practice general brokerag...