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Researching this topic now...searched "Self-funded IRA", found these and more:
But since there have been so may changes to the economy, real estate and taxes since 2009 wanted to hear current answers.
Anyone with experience in this area?
My goal would be to stay "parked" out of stocks (side thoughts on that?)...
Use the SDIRA for real property, notes or lend to others and to have my LLC with a checkbook and custodian so to speak:
*What would you recommend to do?
*Who do you use?
Looking at: Guidant, Equity Trust, Pensco, Entrust Group
Thank you ~
@Russ H @JScott @Jill @CareCPA @MJ DeMarco
HOT TOPIC - Self Directed IRAs
Quick question for anyone who might have some experience with self-directed IRAs... Let's say I have $100K in my IRA. And let's say that a friend of mine also has $100K in his IRA. Is there anything that would pose regulatory/legal problems with my lending him $100K out of my IRA (at nominal...
www.thefastlaneforum.com
Self-Directed IRA
OK, I'm taking the next step towards my PLAN today. After doing a quite a bit of research, I'm confident that I should be moving at least one of my IRAs into a truly Self-Directed IRA. I'm hoping that one (some) of you with some real life experience can give me some advice and insight. The...
www.thefastlaneforum.com
But since there have been so may changes to the economy, real estate and taxes since 2009 wanted to hear current answers.
Anyone with experience in this area?
My goal would be to stay "parked" out of stocks (side thoughts on that?)...
Use the SDIRA for real property, notes or lend to others and to have my LLC with a checkbook and custodian so to speak:
*What would you recommend to do?
*Who do you use?
Looking at: Guidant, Equity Trust, Pensco, Entrust Group
Thank you ~
@Russ H @JScott @Jill @CareCPA @MJ DeMarco
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