Douglas Abbott
Selling strategy for a Denver SF rental
New to the forum here and thought I would put my situation out for critical feedback to the population. I have a question about how to handle a current rental property I own in Denver. I am trying to decide one of two...
Tim B.
Can I buy investment real estate with my ira funds?
is there a way to take some of the $ out of my ira & use it to pay cash for an apartment building without causing a taxable event?if so, can i stick the cashflow generated from the apartment building into my gener...
Jake Andronico
Reverse 1031 Exchange - Who has done one?
I have a client in Reno doing two reverse 1031 exchanges and we've been able to secure some great deals putting out some cash offers (both weren't even countered). I'm curious, has anyone else done a reverse 1031 exch...
Christopher J Lemmon
Trouble with Title in a Tax Lien sale
BP,Does anyone has experience running into trouble getting title insurance on a property they purchased in a County Tax Auction. My business partner bought a SFR at a Wyandotte County KS tax sale. We have tried 5 diff...
Jesse Kindra
Self Directed IRA or Solo 401k
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...
Ray Hernandez
Becoming A Short Term Lender?
I have some money to invest but just recently started thinking of being the "bank" instead. I've never looked into it so I don't know much about it from the lender's pov.All I know is I am interested in doing short te...
Yollan Kitsoukou
Here is my plan, tell me why it won’t work!
Hi all,I am new to real estate investing and new on BP. I purchased my first duplex last year, which cashflow $100. So I am currently living rent free with some extra cash in my pocket every month. I just find another...
Sean Harris
Pulling out 401k money for investing
During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
Sandy Uhlmann
Is dealer status avoided if real estate activity is done using a self directed IRA?
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Joe Schultz
IRA OWNS RENTALS, NOW 59 1/2. CAN I NOW MIX FUNDS W/PERSONAL
I just turned 59 1/2 can I now take money out of my self-directed IRA (SEP) without any penalty?
If I do, does this require taking social security as retirement? Are there any consequences?Do I need to wait until I ...