Chris T.
Using a 529 plan disbursement to pay for a rental
Let me first start off by saying my oldest child is 3.5 years old so I know things will change many times before she sets off to college.That said, after reading an article about the uses of a 529 plan, it mentions th...
Ron Read
Investing using more than one SDIRA?
I have an IRA and a Roth IRA which I plan to roll into SDIRAs in the next month or so. My wife also has a Roth IRA.I realize I'll have to create 3 separate SDIRAs to handle these rollovers since the funds cannot be c...
Shawn Coverdell
new members Husband Wife team
Hi all! We are looking for mulit-family units to buy/hold. Have 1 duplex in Longview, WA that is flowing cash nicely. Offer in on a 4 plex in Longview, WA Also like Kelso, Castle Rock, Astoria Oregon, Seaside and s...
Chris Prichard
Trading SFH rental for another investor-owned SFH
Has anybody done this? Within the next 9 months I need to cash out (need to tap the Coverdell--kid going to college) a rental house my IRA/kids' Coverdells own outright in the Avondale neighborhood of Birmingham near ...
José Linares
SD ESA (Coverdell)
Hello,I have been putting money on coverdell accounts for two of my kids (3/1) and have them invested on a REIT and a high dividend ETF. I am planning on putting the 2k every year for both accounts until they go to c...
Carl Fischer
Is the ESA/ Coverdell still available?
I have heard conflicting reports. Does anyone know if the ESA/Coverdell was removed from the new tax bill and will still be valid in 2018? From what I understand, it looks like the senate revised the tax bill to make ...
Mike Makkar
Taking a CoC 50% plus return in a self-directed IRA?
Hi BP experts,Everybody knows the advantages of self-directed IRA's as opposed to the ones we get from Fidelity/JP Morgan Chase/Merrill Lynch etc. Ability to control our own destiny with our own investments, etc. etc....
Theresa Nguyen
Self-Directed CESA accounts through Equity Trust
I’m lending hard money to a lady whom I met in my REIA chapter via a self-directed CESA, and the custodian of that account is Equity Trust. The purpose of doing this is to build up this account enough so that I can bu...
Zac Scofield
Saving for college for little ones
Way back when, 11 years ago when my nephew was born, I started a college saving plan for him. I searched the internet for the best idea, and land on the 529 plan. Since then my family has contributed $200/mo for him a...
Kevin Robertson
Index Fund instead of savings account for child’s future
My son just turned 1. As most people know, friends and family tend to gift money to a child on their birthday, because they do not know what is best to give them. My wife and I want to be good stewards of this money, ...