If you’re looking for a tax break this year, there’s still time to open a Solo 401(K). But do your research and seek experts to help you understand the plan, how to manage your account without the need for a custodian which amounts to extra fees, and how to transfer ... Continue Reading
For many real estate investors, leverage is a key factor to their plans for profits – leverage in the form of mortgage financing. When you introduce mortgage financing into Self Directed IRA ownership of real estate, a special tax called Unrelated Business Income Tax (UBIT) ... Continue Reading
With tens of thousands of self directed IRA investors utilizing LLC structures to enjoy “checkbook control” authority of their self directed IRA investments, this post may serve as great news for those who aim to follow suit. Solo 401(k) retirement plans can grant dir ... Continue Reading
Solo 401(k)’s most touted feature is its uniquely large annual contribution limits ($49k – $108k). A lesser known feature may be just as useful for some: participant loans. What is a participant loan? A Solo 401(k) participant can borrow up to either $50,000 or 50% of ... Continue Reading
Conventional Tax Strategies for Real Estate Many real estate investors boast of their tax strategy as involving one or more of the following: Depreciation – This is a tax concept where the property owner pretends that his property is decreasing in value. For residential re ... Continue Reading
You heard it right: a FREE Solo 401k from Nabers Group. This is a contest, and you have a good chance of winning. I estimate that 98% of my readers will not even try to win. It’s a phenomenon: people think “Oh too many others will enter the contest and my odds wonR ... Continue Reading
While there are many people finding themselves more fearful than ever, there are others who are more excited than ever. Here’s why… The rules of safety and courage have changed. Since the industrial revolution, employee-ism has surged. During this time, getting a jo ... Continue Reading
Solo 401k eligibility requires 2 things: Presence of self employment activity – This can be as a sole proprietor or more formally organized as a Corporation, Partnership, or LLC. It’s okay to also be employed elsewhere even if that is your full time job and you parti ... Continue Reading
The stock market implosion of 2008 has millions of Americans feeling financially helpless. Yet individuals who are investing their 401k & IRA money in ventures outside the stock market are singing a different tune. Janice and Jack Stoddard, real estate professionals in Ark ... Continue Reading
We’ve just relaunched solo401k.com on this blogging platform to allow for regular information updates and easy navigation. Use the categories at the bottom of the page to learn more about the world’s most powerful investment vehicle – the Solo 401k! Subscribe ... Continue Reading