Jerry Chilimidos
SDIRA lending and borrowing.
Hello all, I have a SDIRA with some cash, 2 paid off properties and a stock portfolio in the SDIRAs name. I was thinking about leveraging those assets as collateral and doing some hard money lending. Is that a thing...
Kal Paneliya
Withdrawing money from SEP IRA to real estate investment
Hello BP Community!Can somebody please educate me on this topic below? Your help will be greatly appreciated.Can I withdraw money from my IRA account for a rental property? If so, what are the requirements for it? My ...
Luke Tetreault
Flip house options
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
Scott Walther
Who has the self directed 401K, not ROTH??
After reading Amanda Han's book she mentioned how different the ROTH and 401k was, especially for us as investors. Looking for the directed 401k??? Have not found many places that will be a custodian for them and am a...
Account Closed
Are retirement accounts liquid reserves?
I will qualify for the loan if retirement funds will be considered for equity and liquidity.
"List all forms of liquid assets such as personal and business cash, property accounts, marketable securities, 401K...
Youdo Thirakul
How to Use a friend's ROTH IRA
I just finishing listening to today podcast about getting private money using their ROTH IRA. Can anyone give me a little more info of how to do this? From what the podcast was saying there's a lot of upside, like t...
Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Sebastian E.
Self Directed IRA to purchase homes in Baltimore City
Hi BP,I am looking to convert my SEP IRA to purchase a duplex or 2 SFH in Baltimore City. I'd be grateful for guidance on a custodian and agent in the city who has experience structuring this kind of deal. Any help wo...
Jim M.
Self directed IRA/Solo 401k providers
Here is my situation: I currently have a decent chunk of money in a few accounts from a former employer's retirement program. They are 401a and 403b's. The current custodian is TIAA. I have not worked for this empl...
Al D.
How to tell if what’s in a K-1 is UBIT and you must do a 990-T?
I (my SDIRA) received a K-1 with “current year increase” of $2,749. This is for a real estate syndication. I was not expecting to be hit with UBIT until the end of this partnership, when equity is to be liquidated. ...