Years ago when I was a bit more naive in my financial knowledge I opened up a Roth IRA Investement account with Schwab. Over a years I have added little bits of money here and there mostly to play around with the mark...
Hi, I am new into this whole IRA thing and need some education on the concept of self directed Roth IRA and self directed tranditional IRA. Please correct me if I misunderstand any of these concept.For self-directed R...
so if your LLC, owned by your SD IRA, owns X number of properties by the time you hit 59 1/2, how do you move it out if you wanted to? (hope this question makes sense)
Hello BP Community,I'm looking clarify the following questions:What would the tax/penalties (if applicable) be for rolling over 1) my ROTH IRA and 2) my old, traditional employer 401(k) into a Self-Directed ROTH IRA? ...
We've had SDIRAs since 2012. Three different IRAs (my husband's Roth, my Roth, and my Traditional) all purchased a percentage of an LLC. The LLC owns a rental property. All the rental income has been distributed accor...
I’m 24 Years Old And I Want To Know Which Type Of IRA I Should Have. Self-Directed IRA Or Roth IRA?
I have funds in two Roth and a Traditional IRA that I would like to roll over to a self-directed IRA and use in my investing, if that's even possible. Is there someone in the Des Moines area with experience that can ...
Hello all.As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its corresponding...
HelloI just thought of a possible way to shift funds out of my 403b retirement fund and wondering if it's valid.I work for a university and have a 403b. Recently reached the age of 59 1/2 so I can take funds out witho...
I have found my first deal and am ready to write an offer. It's a bank-owned property that needs new carpeting, paint and a good cleaning. I am planning to clean it up and rent/sell it, NOT live in it. I am counting o...