Need some advice
My wife and I own a four plex and are in a deal now to have another one built for us. When that building is completed this spring, we will move into it. I then plan on cashing out my 401k and using my Retirement to purchase a couple of larger buildings, 6+ apartments each. My issue is, if I put the funds in a self directed IRA then all the profits have to return to the IRA, as far as I can tell. This is not a good option because we will need the profits to live on. I could also just pull the cash and leave what I have to for the feds, It will be a substantial amount, but I would have total control of what ever is left over. My question is, does anyone have any ideas that would help me retain a larger portion of my money, so that I can invest it in something worth while. Thanks