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Tax, SDIRAs & Cost Segregation

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7
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William Good
Pro Member
  • Rental Property Investor
  • Meridianville, AL
5
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7
Posts

401k Roll-Over

William Good
Pro Member
  • Rental Property Investor
  • Meridianville, AL
Posted Sep 25 2014, 19:57

Hi, 

I am really new here to Bigger Pockets. I have been a member for a few years, but just recently starting gaining Huge interest in the podcasts. I am changing day jobs this week and that will give me the opportunity to roll my 401k. Can I roll my 401k into a self directed IRA? Are there limitations? And any good advise to shelter from that hungry tax man? I have a nice little nest egg after 8 years of contributions by me and the company that I worked for, that could be used in a self directed IRA. It could be the genesis that really kick starts some good real estate investing. Any and all recommendations are welcome. I see that there is a related topic that I will check out, But would still love to hear from the BP folks. Thanks tons for taking the time to respond.

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