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I plan to hold off

As long as I can. I am trying to build passive income streams to take me through retirement, then pass on 401k as inheritance. Goal is to kill debt, build passive income and give my heirs a jump start.

I started with nothing and it was tough ... hoping my kids and grandkids have it easier.

I would use someone to value and manage. Think of it as a loan to the manager, with payments back to me and a % of the gain if the asset is turned. Then I just have to worry about the rate and %.

In response to this post by DonHo-kieHi

Posted: 03/26/2018 at 08:45AM

Anyone use self directed IRA? -- HokieHutch 03/25/2018 5:00PM

I have one that I use to own a vacation rental. -- hookie 03/26/2018 09:24AM

Kinda what I was thinking. Thank you -- HokieHutch 03/26/2018 1:27PM

So far so good. -- hookie 03/26/2018 2:24PM

I have one. Our country club was selling some bonds to finance a project -- Galenahokie 03/26/2018 08:19AM

Whats your plan when you get to Minimum Required Distribution age? How -- DonHo-kieHi 03/25/2018 11:53PM

I plan to hold off -- HokieHutch 03/26/2018 08:45AM

Lots of risk in real estate in IRA. Get CPA advice and Check this: -- VaAkita 03/25/2018 10:37PM

Great article...thanks ** -- HokieHutch 03/26/2018 08:40AM

Some guy in Northern Ireland handles mine.I have yet to receive a statement ** -- HokieDan95 03/25/2018 9:02PM

I recommend some good advice before going this route -- One4VT 03/25/2018 7:15PM

It’s generally better to roll a 401K from a previous employer into a self -- Hoakie82 03/25/2018 5:35PM

Not sure what you mean by self directed as it relates to real estate -- CPRVHokie 03/25/2018 5:13PM

Self directed let’s you invest in a series of options -- HokieHutch 03/25/2018 8:33PM

I thought the only real estate you could own in your 401K, was an REIT or -- BayHokie 03/25/2018 6:01PM

I believe Hutch is considering moving money from 401k into an IRA, where -- Hokie360 03/25/2018 6:19PM

Talking about non-disqualified dispositions -- HokieHutch 03/25/2018 8:49PM

I messed around in that website for a bit. My advice: -- CPRVHokie 03/25/2018 8:55PM

I'm curious about this too. I don't have any info... -- MP4VT2004 03/25/2018 5:02PM

If you look at the bottom of the page, there is a link to "Real Estate" ** -- BayHokie 03/25/2018 9:01PM

I plan to hold off

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