Kevin Darrell
Partnership using Self Directed IRA.
If I were to convert my 401k to a Self Directed IRA would it be possible to use those funds to partner with someone and If possible how would that work?
Account Closed
How to issue a W2 to myself?
Happy New Year everyone! Let 2016 be a year of learning and prosperity for all.I have a question and I would like someone who has done this and has experience with it to help me out. I have been acting as a sole propr...
John Casmon
Need 401K transfer to SDIRA Tips
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
John Upperman
A Real Estate Investor is born ($75K Profit on first deal)
Hey BP Community,I became a BP Pro member in December of 2015. After years of talking about investing in Real Estate I decided it was time to take some action. I started using my hour commute to work to listen to th...
Alyxandria Welch
New investor looking for advice on IRA
Hello everyone,I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What ...
Cameron Marmon
Am I asking too much? 2 yrs tax returns & 2 mths bank statements
So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...
James Davidson
401k withdraw & the Coronavirus
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...
Eric Bate
Tax: should I deduct or not, to qualify for a higher loan?
I'm in the market for my first property. Just got off the phone with a mortgage lender, and he suggested I don't go super aggressive with deductions this year (I'm self-employed as a musician, and most of my "jobs" a...
Brady Lucero
Capital Gains + State & Federal???
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, mad...
Kelly A.
Using Fidelity self directed IRA
Has anyone been able to invest in RE using a Fidelity self directed IRA?I want to invest in a private placement, but Fido says I can only buy from their list (I can ask them to vet a pp for their list, but you need at...