Hello everyone!I'm interested and have been reading about SDIRA and had some questions I was hoping to get answered.(1) Once the money is transferred to a custodian and a property is found all profits go back into the...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
Like the title says, myself and 4 others are combining money to purchase a house and rehab with straight cash. We will all be contributing unequal amounts but since I'm doing all the work, they've agreed I will get...
I've read through some posts, but I can't seem to find the answer to my question. I am a real estate investor concentrating on buy and hold properties. I am intrigued by the self directed 401k. I currently max out ...
Is there a Roth option for checkbook IRA?
If I rollover 100% of funds from a tradition IRA (both contributions and earnings) into a checkbook IRA, Can I buy a RE property with my checkbook IRA funds regardless if the...
Hello All,
I just wanted to introduce myself, as this is my first day here, and I hope that I can help in anyway possible!
Here is a little about myself:
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I searched through the existing discussions as best I could to make sure I wasn't asking a common question...and I just didn't see it. I believe have learned the ins and outs of a Solo 401k. The reason I want to have ...
Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...
One of the books I'm reading says that it's best to pay the SDIRA yearly fees out of pocket to maximize the amount of money.Now, I'm sure the transaction fees of an investment have to be paid by the SDIRA but is it st...
Hey everyone, Two friends (probably former now) bought a house together. Let's call them Jacob and Michael. Yes. Real Situation, no not real names.Things happen, friendship is over for whatever reason.They were doing ...