The Biggest Misconception About Solo 401k Eligibility
Tuesday, July 07
The Solo 401k rules state that only self employed business owners without any full time employee can qualify to set up the plan. Many real estate investors set up an LLC for their rental business, thinking that this LLC will qualify them for the Solo 401k plan. However, this is a misconception th...
Solo 401k for Self Employed: Direct or Indirect Real Estate Investment
Tuesday, June 30
Real estate often offers promising returns to investors. Instead of simply buying an investment property, it is best to inspect the available investment options in real estate itself. Real estate is much more than purchasing physical properties. It also offers indirect investments in the form of ...
Solo 401k for Business Owners: Best time to Invest in Real Estate
Monday, June 08
Are you a small business owner planning to invest in real estate? According to the national average mortgage rate finder at Bankrate.com, a 30-year fixed rate mortgage loan for $200,000 is available at an interest rate of 3.79 percent to 3.82 percent. Mortgage interest rates have remained histori...
Different Types of Solo 401k Providers
Sunday, February 15
The subject of Solo 401k has been discussed numerous times on the BiggerPockets forum, but I still see that there is a confusion between different types of Solo 401k plans that are out there so the purpose of this Blog Post is to clarify this confusion and provide investors with the simple explan...
Solo 401k - Advantages of This Powerful Self-Directed Plan
Friday, May 30
Many real estate investors (including BiggerPockets members) have heard about the ability to use self-directed IRA for real estate investing, private lending and other non-traditional investments. However, very few are aware of the existence of a self-directed Solo 401k. And even those who he...
Maximum 401k Contribution Facts and Tips
Thursday, January 09
One of the most important factors to consider when starting up a Solo 401k retirement plan is the maximum 401k contribution. Self-employed individuals or those who own small businesses without fulltime employees working for them are qualified to get this Ultimate Retirement Plan. The upsides ...