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Results (993)
Account Closed Activities Permitted with A Checkbook IRA
25 September 2016 | 33 replies

I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...

Evan Bonnell Cashing out 401k due to COVID-19 $100,000 PENALTY FREE
27 December 2020 | 32 replies

Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children. 
We have significant cash reserves and 75% equity in current RE ...

Joshua Dorkin Tiger Woods - What are you thinking?
26 December 2009 | 34 replies

This Tiger Woods drama is nothing I really care about, but the announcement that he is giving up golf is what gets my blood boiling.

Here are my thoughts:
1 - Sure, he messed up big time by sleeping around
2 - He a...

Nathan Emmert SDIRA vs After Tax Cash
2 November 2011 | 19 replies

I'm curious if anyone has run a comparison of the returns on a Self Directed IRA versus simply using after tax cash.

So funding a SDIRA has an obvious benefit, tax savings. With all the deductions and credits, etc e...

Edita D. efficient track of money in BAH: how many business accounts and which ones
19 November 2012 | 21 replies

Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...

David Goings UBIT Self Directed IRA (wholesaling)
4 August 2019 | 28 replies

greetings. Got a first world problem on my hands here that hopefully others can learn from as well...

I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...

Art Maydan Buyer Backing Out 5 Days After Earnest Clears - Any Loopholes?
10 May 2018 | 22 replies

I listed a house and it sold in 10 hours for $15K above asking. The buyer is now backing out 5 days after $5K earnest money cleared. It's my understanding they have 7 days to back out for any reason and get earnest mo...

Jamal L. Deal or No Deal? it cash flows, Right?????!!!!!!!!!!!
26 July 2019 | 45 replies

Owner is selling because she is up in age and wants to retire. Sale Price                   $25,000Closing cost                $2,000Total Acquisition        $27,000It is currently occupied with tenant. Tenant exceeds...

Maria D. Using an IRA account for RE investing?
15 May 2017 | 29 replies

I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...

Jeffrey McKee Tenant filing suit for security deposit from a year ago :/
27 May 2021 | 28 replies

Hi All, I have a tenant who has come back to me requesting her 400 dollars of the 1200 dollar security deposit. She was 1/4 roomates and did pay 400 of the 1200 deposite. They all vacated the property early due to co...