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All Forum Posts by: Terry Lawson

Terry Lawson has started 1 posts and replied 6 times.

Post: Setting up a eQRP vs. SDIRA

Terry LawsonPosted
  • Posts 6
  • Votes 2



@Nett Victoria

I decided to go with a SDIRA as opposed to the eQRP.  I didn't feel like I could justify the self employment income because I only have passive income with a rental and work a full-time job.  I plan to establish some self employment income in the future and that time, I may roll over my SDIRA to the eQRP or solo 401k.

@Mike S.

Thanks for your response.  This is certainly worth looking into further.  

@Brian 

@Brian Eastman 

Thanks for your response.  I will consult with a tax advisor.

I've read through all of the previous discussions related to eQRPs and SDIRAs and I'm totally confused. I too am interested in rolling over my IRA into a eQRP with Total Control, but I'm not sure if I qualify as self employed. I own rental real estate, but otherwise work on a full time job.

This is very helpful information.  Thank you so much.  I will message you if I have more questions.  

I want to invest in multi family apartments, but because I don’t have any experience I am thinking of joining an investor group.  Are these groups groups worth my time and money?