Hello all. For all the following, please note I am under 50 years old!
If I am understanding correctly, the current maximum contribution for the 2019 tax year for your (single member LLC) Solo 401K is $19,000 as Empl...
Hi all. If I open a SDIRA rolled over from my TSP, about 66% traditional and 34% Roth if that matters, what tax hit am I looking at if I use the money to purchase by and hold rentals, using debt financing? For easy n...
Happy Monday! I want to roll a portion of my current IRA into a Self-Directed IRA to invest in a local startup in Minneapolis, MN. Does anyone have a recommendation for a reputable custodian with reasonable fees?Than...
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
I know I can't mix the two in a single note, but can I mix IRA and non-IRA money in the same fund?
Let's say a friend and I create an LLC and fund it using funds from our own bank accounts. The LLC makes a loan to a flipper (non related) for the acquisition of a distressed property. Would it be possible for my SDIR...
My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
Hello everyone! I am trying to figure out if this strategy makes sense. I currently have a about 20k left on a 401k loan that I am paying back. I used it to purchase some cash flowing rental properties. The monthly...
Hello! I'm new to this forum and new to real estate investing. I am recently self employed with not much income to show, I own my home and have a HELOC I want to use as down payment for an investment property. I have...
We've had investment properties, out of state, for the past 5 years. We've moved a few houses (out of 6) to different PMs due to not being happy with honesty, fees, etc... Now, we have a new company and they have be...