Questions tagged [self-directed-ira]

A self-directed IRA, provided by some financial institutions in the United States, which allows alternative investments for retirement savings. Some examples of these alternative investments are: real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, horses, and intellectual property.

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How would you balance this scenario?

I have two jobs, one is in the private sector (access to 401k) and one is in the public sector academia (access to 401b/453b) and my wife has a private sector job (access to 401k) and both of us of ...
GµårÐïåñ's user avatar
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1 answer
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Considering current market situation is it wise to convert 401K account into IRA

This is what I know about 401k and IRA accounts: 401k accounts are employer-sponsored plans, which means that you can only participate in a 401k plan if your employer offers one. IRAs, on the other ...
OpenStack's user avatar
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Property owned and sold by SDIRA holding note

My LLC/SDIRA sold a property and is seller financing, so the mortgage payment is going right back into the SDIRA account. I have been told that that is not a permitted transaction by another investor ...
Diane Marie's user avatar
2 votes
1 answer
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Best way to set up a rental income stream for property I already own - checkbook IRA?

Here's my situation: I'm 41. We bought a home in Dayton, OH in 2018 for $140k, with about 4k to 6k sq ft of livable space (depending on how you count it). There is an old two-story servant's quarters ...
Rick's user avatar
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2 answers
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Contribute to IRA when covered by 401(k)

401k situation : Both my partner and I have employer that provide 401(k) coverage and the employer matches certain percentage. We max out these options My 401k plan doesn’t give my much flexibility/ ...
money.frictionlesspulley's user avatar
2 votes
1 answer
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I'm working for parents for money for Roth IRA. What docs might be needed to support it as earned income?

I'm 58 years old, and living at home with my parents. I do some things to help them out, but they are being a bit generous to let me stay in an addition that my grandmother built on to their house. ...
CodeLurker's user avatar
1 vote
2 answers
145 views

Purchasing real estate within an IRA, then selling it back to oneself?

As I understand it, IRS rules allow the purchase of real estate within a self-directed IRA as long as it's for "investment purposes" and not for personal use; i.e., you can't purchase a ...
spuck's user avatar
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Considerations re: LLC on SSDI

I am disabled and receive SSDI. I will have some money from inheritance and insurance settlement from an injury. I'd like to put the money into an LLC (for shelter, exclusion and self directed ...
kanji wa's user avatar
3 votes
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Source of funds for formation of IRA-owned LLC

I've been reading the excellent book The Self Directed IRA Handbook by Mat Sorensen. My understanding is that I can achieve personal control of the checkbook for my retirement investments by forming ...
feuGene's user avatar
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Using a self-directed IRA to buy vacation condo, rent it out to an LLC for $1

Let's say I have $80k in a 401(k). I know there are benefits and drawbacks to buying property with a self-directed IRA. If I buy a condo in a vacation/rental area with the IRA for $80k, the IRA then ...
MikeP's user avatar
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Unmarried couple, should we open a joint investment account or separate accounts?

My partner and I are unmarried and will be remaining that way. We want to finally start an investment portfolio and taking advantage of things like IRAs etc. I will be managing the portfolio(s) for ...
user41486's user avatar
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Moving 401k balance into self-directed IRA

This question is similar to Moving current employer 401k balance into self-directed solo 401k?, but since I am not self-employed, I'm looking to move the money into a self-directed IRA rather than a ...
mxxk's user avatar
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1 answer
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IRA contribution income limits different than deduction income limit?

I never had to consider it, but am I correct in noticing that the income limits Traditional IRA contribution are different than the income limits for actually taking the tax deduction? The conundrum ...
CQM's user avatar
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2 votes
1 answer
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Use of Self Directed IRA for Lending Second Mortgage

Here's the scenario: Let's say that I have someone who wants to borrow money from me to buy or rehab a house (i.e. secured loan), but I do not have enough money in my personal savings or self directed ...
Jim Fell's user avatar
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Automatically get pre-tax funds in a self directed Traditional IRA

A company I am employed with doesn't offer a IRA. Self directed Traditional IRA isn't a problem, but I would like the pre-tax contributions to come out of my paycheck, instead of waiting till the next ...
CQM's user avatar
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Any differences between rolling 401(k) versus 403(b) to IRA while working abroad?

Are there any practical differences between rolling a 401(k) versus a 403(b) to IRA while working abroad? Ideally would like to get the same provider to deliver both these services.
MikeRoger's user avatar
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2 answers
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Joint or separate IRA from 401(k) and 403(b), for couple moved abroad

My spouse and I moved overseas. We are considering converting our 401(k) and 403(b) to self-directed IRAs. What would be the pros and cons of combining both, in 1 IRA, versus 2 individual IRAs?
MikeRoger's user avatar
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1 vote
1 answer
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Qualified Stock Options purtchased through my Roth IRA

I have qualified stock options for the company I work for, and want to have them paid for out of my Roth IRA. Can I do this?
John Fineran's user avatar
2 votes
1 answer
154 views

Self directed IRA holds income property that generates cash flow. Can we withdraw based on wife's age?

I have a self directed IRA that has invested in income property. It generates a few thousand a month in positive cash flow which is currently being re-invested in other funds that the IRA holds. ...
Steve H's user avatar
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2 answers
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Self-directed rollover IRA and foreign country investment

I have self-directed Rollover IRA account. I see a good opportunity to invest in foreign country as fixed deposit for 5 yrs. If in Indian Rupee it will earn more interest versus US$ denominations. I ...
suretry9's user avatar
2 votes
1 answer
271 views

I'm self-employed, should I contribute to a SEP-IRA or a Solo 401k?

I own my company and am the only employee. I have set up a SEP-IRA, but have yet to contribute to it. Can anyone expand on benefits of my SEP-IRA vs. opening a Solo 401k and contributing to it instead?...
Chris's user avatar
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3 votes
1 answer
708 views

If I put dividend-paying stocks in my IRA, where does the dividend go when paid?

I have a rollover IRA from an old job's 401k. I have had it sitting uninvested (where it's outperforming my new job's 401k) and I want to start investing it on my own. If I put a stock that pays a ...
Bryson's user avatar
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10 votes
1 answer
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Can I use my Roth IRA to start a business?

I've recently been reading up on Roth IRA to Self-Directed IRA plans. And I've seen a few places that mention their use as a seed-fund to start your own business.. Where can I find the parts of the ...
Evan Carroll's user avatar
6 votes
4 answers
3k views

What are the advantages/disadvantages of a self-directed IRA?

I recently learned of self-directed IRAs. Here is how it works: I open a self-directed IRA account with a company that acts as a custodian of my account (here is a short list of such companies). I ...
Muro's user avatar
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