Hi BP. I am in a bit of a pickle. I am awaiting a response from my custodian and thought I'd throw this to the community for discussion.A wholesaler has a contract I want to acquire and requires a $3k non-refundable d...
Hello, I'm looking to purchase a CMX-3 property currently as a single family. The current owner never bothered to get a use permit/variance for single family use. It's been rented out for years without an issue.But I ...
I originally posted this in the Lending forum, but after reviewing, I believe it is more appropriate in this space.I own a bare parcel of commercial property in Montana that is unencumbered. I have a buyer that would ...
Is there any good lower cost SDIRA company that any of you are happy with? I currently use New Direction Trust Company, but their fee structures have been increasing. So I'm shopping around to see if there are other t...
Hello,
Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations:
1) example:...
Im considering a self directed IRA. Does anyone have experience with them? There are a fair number of rules and regulations, but I'd like to learn more if someone has real world experience. Questions that come to m...
I was trying to find some tax delinquent properties (or any deals) in my county, and so started with the county website. The website, and county worker, both said that any list or listing by the county cannot be used ...
I recently moved to Fort Worth, TX from Portland, OR to get to a freer state. Imagine my surprise when I discovered that the City of FTW isn't exactly a fan of airBNB's. To my knowledge they don't have any codes prohi...
I'm interested in buying a few shares of stock and I just contacted my SDIRA and they put all kind of restrictions. "For starters, the stocks must be in form of a private placement (not publicly traded). The company ...
Does anyone know a way that it is possible to use a self directed IRA to invest in an LLC that I own as well? According to the IRS rules, i would be considered an unqualified person since I own both.