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Tax, SDIRAs & Cost Segregation

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TJ P.
  • Investor
  • WI OH
36
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113
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Multiple 401Ks to self-directed or other options

TJ P.
  • Investor
  • WI OH
Posted Jan 31 2016, 10:32

Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.

I will not be able to contribute to a 401K at my current employer until later this year- Not sure if this is relevant or not.

My "plan" is to use these monies as a down payment for an investment loan. Should I convert all to Self-Directed IRA or is there another route I'm missing?

So what do the BP experts thinks? 

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