Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Shawn York
Disbursement from SDIRA
Hi-We have an inherited SDIRA which owns a property. (we converted it to a SDIRA upon death and the SDIRA purchased the property) Since it's inherited, we are required to take RMD's. We want to take a 20% ownership th...
Matthew Gardner
Better Understanding Tax Benefits?
Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...
Yong Park
Cost to form a SDIRA owned LLC
Hey folks,I have created a SDIRA locally here in Orange County. I will be cash funding the SDIRA through a roll over from another qualified plan. I need to create a IRA owned LLC in California. How much should this...
Irwin Velez
how to remove money from you job 401K?
Hi guys,
i'm looking for an advise in how to remove money from my 401k in order to invest in a property. it is possible to remove money with out getting hit with fees? if i have an LLC can i transfer the money to the...
Chris Martin
UBIT only applies to property held <12 months?
Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
Camellia B.
Self Directed 401K/IRA w/Checkbook.... Non-Custodial Programs?
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...
Leila Nosrati
Solo IRA Recommendations
I see that BP has a list of a couple dozen providers that can help me set up a solo IRA. Which are your favorites and why? Anyone not on the list that I should consider? What is a reasonable fee? Any questions you rec...
Juan Monge
Buying vacant land with Self Directed IRA
Hi BP community,
I am hoping to get some insight and past experiences from other investors who have used their SDIRAs to purchase raw land in developing areas. My thought is to purchase small residential lots cash in ...
Braden Downs
Real Estate or Roth IRA?
Hello, I am 22 years old and started investing into a Roth IRA last year. Since then, I found bigger pockets and what real estate has to offer. How have you decided to balance your type of investments? Theoretically, ...