Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

49
Posts
8
Votes
David Ptak
  • Investor
  • San Diego, CA
8
Votes |
49
Posts

Solo 401k or Self Directed IRA

David Ptak
  • Investor
  • San Diego, CA
Posted
Hi folks. I’m looking to do an investment using retirement funds and I’ve read a lot about the solo 401k and the self directed IRA. Does anyone have a recommendation for a good way to start the process of opening one of Hess accounts? Also, I read that to have a solo 401k you need to have a business. I have a couple. However, I also read that you can’t have Full time employees. I have some in one of the business but not in the other. Does that mean I am disqualified for the solo 401k? Any comments, recommendations or referrals would be much appreciated. Thanks everyone I hope this helps others navigate these options! Best, Dave

Loading replies...