Re-Election of President Obama Has Investors Turning to Solo 401(k) Plans
Tuesday, November 13
With Election Day finally here and the race for the White House as tight as it has ever been, many Americans are already planning ahead in case of a Barack Obama victory.The re-election of President Obama would almost certainly mean an increase in the capital gain tax rate from 15% to 20% for hi...
The Solo 401k Plan: Are There Rules and Regulations I Should Know First?
Friday, November 09
Have you ever wondered how a Solo 401k plan works and what makes it different from the more traditional 401(k) plan?A Solo 401k plan is a plan that is designed for business owners that don’t have any other employees, besides themselves and their spouse. It’s not a new plan; in fact it is basical...
More People Are Using Solo 401(k) and Checkbook IRA to Invest in Real Estate
Thursday, November 01
Preliminary study for the year 2012 conducted by Sense Financial among its clients reveals that more people are using either Solo 401(k) or Self-Directed IRA LLC (also known as Checkbook IRA) as an investment vehicle for using their retirement funds to invest in residential real estate.America ne...
Your Solo 401k Options While currently Employed
Thursday, October 25
If you are currently employed then you are more than likely paying 401k contributions already. A 401k plan is already a known investment opportunity for employees, but what is not as well-known is the fact that an employed individual can avail several 401k plans.Today, being gainfully employed is...
Retirement Plan for Real Estate Agents
Saturday, September 22
There’s never been a more important time to protect and grow your retirement funds. If you are self-employed real estate agent and your plans include investing in real estate, mortgage notes, tax deeds or liens, a Solo 401k plan could be the answer.The difference between a Solo 401k and a self-di...
Should I invest in real estate using my IRA or Solo 401k?
Saturday, September 15
Someone recently made a comment to one of my articles that it would be better to purchase real estate outside the Self-directed IRA or Solo 401k because of more favorable tax treatment. Here is my answer to that comment:You are comparing buying real estate inside of IRA with making the same inv...