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Does anyone know do it yoursell process using my roll-over IRA distribution, BORSA to buy an exising busines

Alfred Falegan

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Answers (9)
No User Photo

Are you in need of loan?

We offer all kinds of loan at 3% interest rate; Business/Marketing loan, Project loan, Personal loan, Housing loan, Real Estate loan, Student loan, Car loan etc. We borrow loan amount of $5,000.00, $10,000.00, $50,000.00, $100,000.00, Minimum and up to a maximum amount of $500,000.00, $10,000,000.00, $15,000,000.00, $20,000,000.00 (twenty million dollars), our loan duration is usually a minimum of 1 year and maximum of 25 years to all categories of individuals, corporate bodies, business entities, small/medium and large scale entrepreneur etc at 3% interest rate annually.

If you are interested in our above offers, then let our loan experts assist you, get our loan form today.

Teams and condition apply.

WESTERN GLOBAL FINANCE HOME
phone: (980) 239-7539
email: info@westernglobalfnhome.com
web: http://www.westernglobalfnhome.com/

Jan 27, 2017
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LIVING STONE LOAN COMPANY
INVESTOR
AK

Are you looking for a loan and you find it difficult to get?? Or you need a loan to start up your business and no lender want to help you, then worry no more because ANGEL LOAN INVESTOR is here to help you. Email us at angelloan.investor.turkey@gmail.com

Best Regards
Mr. Steven Goodman

Jan 23, 2017
No User Photo

Are you in need of loan?

We offer all kinds of loan at 3% interest rate; Business/Marketing loan, Project loan, Personal loan, Housing loan, Real Estate loan, Student loan, Car loan etc. We borrow loan amount of $5,000.00, $10,000.00, $50,000.00, $100,000.00, Minimum and up to a maximum amount of $500,000.00, $10,000,000.00, $15,000,000.00, $20,000,000.00 (twenty million dollars), our loan duration is usually a minimum of 1 year and maximum of 25 years to all categories of individuals, corporate bodies, business entities, small/medium and large scale entrepreneur etc at 3% interest rate annually.

If you are interested in our above offers, then let our loan experts assist you, get our loan form today.

Teams and condition apply.

WESTERN GLOBAL FINANCE HOME
phone: (980) 239-7539
email: info@westernglobalfnhome.com
web: http://www.westernglobalfnhome.com/

Jan 22, 2017
Steve Peters
CEO Business Brokerage
Riverside County, CA

Alfred,
I have a trusted company that can help you with this. Please provide contact information to my separate email to speters@ceobizbrokers.com and I will get you in contact with them. - Steve Peters, President of CEO Business Brokerage

Apr 6, 2009
Kathryne Pusch
ConsultKAP Inc./Business Brokers Network
GA

Alfred-- This is absolutely possible, and does cost about $5,000.
There is an article and link here:
-Fund YOUR Business with YOUR Money --Not Impossible
http://www.consultkap.com/News.htm

Apr 6, 2009
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Franchise Advisory Group
PA

Alfred, I have a company that does that for you. Please contact me at 888-241-6629 and I will put you in touch with them.

Apr 5, 2009
Cory Hogan
P.C. Hogan & Associates
Helping the Small Business Buyer
CA

I understand Guidant Financial temporarily paused their program - to verify status with the IRS - and after clarification is again providing assistance to buyers using an IRA or 401(k) to fund the purchase of a business.

I had a client use their services a few months ago. He spent about $5,000. It's a complicated process and needs to be done right. Apparently, Guidant did everything from approving his entity formation and articles of incorporation to writing the final check. His commented that the process took longer than he was told originally, but that he was satisfied and would do it again.

Most CPAs I have spoken with have not be familiar with the approach. It is a specialized industry.

Warm Regards,

-P. Cory Hogan
p.c. hogan & associates
www.businessbuyhelp.com

Apr 2, 2009
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The Brokeopoly Company
Owner
Oakland County, MI

I've done several. It's called a Pension Transfer Trust Fund....Google it....you basically roll over your IRA or 401(k) into a pension fund then the fund buys the business. Key is that the business has to be a C-corp. Then the pension hires you to run the company. Last one I did cost $5,000 in fees.

Apr 2, 2009
No User Photo

Hi Alfred
I've consulted my CPA about using IRA to fund a business. After researching it, he concluded that it is a legitimate transaction, BUT, that it is so wrought with potential errors, that one could end up losing a lot of money. It's not just the initial set up but continued administration of it. It needs to be done by someone with a lot of experience. I understand that Guidant Financial no longer will do them because of the intricacies. So for an individual, this would be a huge risk to attempt. Other than Benetrends, you might find a CPA who's done them. Good luck.

Apr 2, 2009

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