Archive for the ‘Self-Directed IRA’ Category

Can I move money from a 1031 Exchange into a self-directed IRA if the type of investment is the same?

Tuesday, September 7th, 2010

That’s a common misconception, you can invest in real estate with a self-directed IRA. The only reason this isn’t common knowledge is because the broker who sells you on the IRA doesn’t do real estate investments, so its not in his best interests to fully educate you. :\

How do I deduct investment advisory fees paid for professional investment services on my IRA,?

Sunday, September 5th, 2010

An IRA, by definition, is late tax account. But, I did not use money surrounded by the IRA to pay for the fee. I used "other money" from a non-IRA brokerage account. What is the form I use to list my fee’s (paid about K in 2007).
Is this bundled with other deductions to meet a threshold?
Is there anything else I need to know?

Thanks all

Buying a house with a self directed IRA.

Friday, September 3rd, 2010

I am looking into buying a house for my father with his IRA. There is a "safe harbor" IRA which would enable us to use his IRA funds to buy property that he can live in without major tax consequences. Just wondering if anyone knows the drawbacks of doing this? It seems like a fantastic thought to me, but many people seem to be negative about it without apparent reasons.

Investing & Personal Finance Tips : IRA Conversion Rules 2010

Friday, September 3rd, 2010

In 2010, the IRA conversion rules for individuals making more than 0000 will change so that existing IRAs can be converted into Roth IRAs with two years to pay off taxes on the money. Transfer assets from a traditional IRA to a Roth IRA if you reckon you may be in a higher tax bracket upon retirement with advice from aninvestment portfolio manager in this free video on individual retirement accounts. Expert: Gregory Bramwell-Smith Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates. Filmmaker: David Pakman

I know you can deduct IRA from your taxes, but will it increase your tax refund if you pay your IRA?

Wednesday, September 1st, 2010

I mean infer the gov. has deducted taxes from your salaries, but they really have to give you a small refund, if you get an IRA will it increase the size of the refund?
but will that adjustment result in increased refunds, assuming you had a small refund, from the taxes the gov. retained from your salary each month?