Comments for Self Directed IRA Services, Inc.

Comment on Learn About the 2010 Roth IRA Conversion Rules by Julie Seay

Julie Seay — Wed, 07 Jul 2010 14:23:59 +0000

Self Directed IRA Services does offer Roth IRAs that you would be able to roll your 401K into. To meet the December 31st deadline for the special 2010 Roth conversion rules you will want to contact your plan administrator now to find out their time line for processing rollover requests. To be safe you may want to allow sufficient time for the plan administrator to process the rollover and have it to SDIRA Services by December 20th to post to your Roth account.

Comment on Learn About the 2010 Roth IRA Conversion Rules by Herbert Hinson

Herbert Hinson — Sat, 03 Jul 2010 19:49:40 +0000

I will have approximately $85,000 in employee contributions in my 401K plan. My plan allows 1 in-service withdrawal per year (employee contributions). The tax basis of the employee contributions is reported by the plan administrator (Vanguard) at $75,000. I am 54 years of age (from Nov 2009) with income in excess of the Roth (including phase out) limits.

I plan to withdraw the $85,000 (using direct transfer) in November 2010 and estabilsh a Roth IRA. Can I use a self directed Roth IRA from this company, and when should I initiate the process to ensure that I do not miss the 2010 deadline?

Comment on Understanding Prohibited Transactions and How to Avoid Them by jseay

jseay — Thu, 11 Mar 2010 20:25:33 +0000

Hi Nada, currently you can subscribe to the categories and we’ll be making a change that will allow you to subscribe to the blog as a whole as well.

Comment on Considering Real Estate in a Self Directed IRA? by jseay

jseay — Thu, 11 Mar 2010 20:24:07 +0000

Those are great points to consider for any real estate investment in an IRA.
• Residential and commercial real estate markets and opportunities can be very different depending on the geographical region. In areas where properties are currently priced below market value, there has been considerable interest in purchasing real estate within an IRA both for cash flow and upside capital appreciation rather than flipping.
• If your IRA does not have sufficient funds to purchase a property, any IRA lending must be done with a non recourse loan, and the loan criteria is different. Rather than looking at your current income an IRA lender will usually look at the funds available in your IRA and evaluate the property you would like to purchase.
• Though property condition, location and income potential are all factors to consider in any real estate transaction, one should also consider the economic factors. It is recommended that you consult with your tax or legal professionals when contemplating a real estate transaction in an IRA.

Comment on Understanding Prohibited Transactions and How to Avoid Them by Nada Kamuda

Nada Kamuda — Mon, 08 Mar 2010 08:38:26 +0000

This is an interesting blog you have her but I can’t seem to find the RSS subscribe button.

Comment on Considering Real Estate in a Self Directed IRA? by florida insurance

florida insurance — Sat, 06 Mar 2010 19:20:37 +0000

Regardless of the reasons, I think there are three items which do not bode well for commercial real estate prices in the next few years. First and perhaps most overlooked, investment or income producing properties, during the boom years, where purchased more for appreciation, rather than “income”. In other words, many deals were justified by investors who were willing to forego a rate of return (income), for future price appreciation. But as its name suggests, this is not what “income producing property” is all about. If it doesn’t give you an income stream in good times, it sure won’t be able to in bad ones. Only a “flipper” can make money on appreciation, and the trick is to know when to get in and when to get out. Second, the credit crisis has reduced the chances of obtaining loans, and also the leverage previously afforded owners/purchasers. Less money means less deals, and more cash out of pocket. This can only lead to lower prices. Third, we are for now in a “new” economy (although Americans often prove to be driven by fads and can be short sighted), where we will consume less, which should mean less need for commercial space. If there is one truth that history makes clear over and over again, it’s that most sectors of the economy will move in conjunction with one another, not in spite of one another. No doubt prices are tied to supply and demand issues, but too much of a swing invites change. So when prices double and triple in one sector while the rest of the economy isn’t going in that direction, chances are some force will snap that imbalance back into its proper place in the overall economy. And that change can be from social, economic, and/or political means.

Comment on Understanding Prohibited Transactions and How to Avoid Them by PENNY COMBS

PENNY COMBS — Fri, 05 Mar 2010 10:34:37 +0000

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Comment on Understanding Prohibited Transactions and How to Avoid Them by AIMEE BOYLE

AIMEE BOYLE — Fri, 05 Mar 2010 10:17:33 +0000

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Comment on Understanding Prohibited Transactions and How to Avoid Them by Miles Burt

Miles Burt — Fri, 05 Mar 2010 09:44:53 +0000

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Comment on Understanding Prohibited Transactions and How to Avoid Them by HERMAN PAYNE

HERMAN PAYNE — Fri, 05 Mar 2010 09:23:15 +0000

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