All Forum Posts by: Dmitriy Fomichenko

@David Charles Edwards I can't speak to the employment tax or if it's worth it, but something to consider is the Solo 401(k) - it's for those who are self-employed or entrepreneurs. Contribution limits are larger than with IRAs. Also, with either an IRA or Solo (k), there are potential tax deductions in the year you contribute (larger contributions with the Solo (k) means potentially larger deductions!). The other great thing with either account is that you can choose to open it as a self-directed account and use the account for your real estate investing.