Chatree C.
Setting up Solo 401K Plan as an employee
23 March 2018 | 8 replies
I have a side online business, self-employed, and my CPA suggested that I should open solo 401k with that business and move my SDIRA funds into this Solo K account since it's got better tax treatment around UBIT.I contacted IRA Services and Trust (custodian) whom I have IRA account with and they said in order to open Solo K, I have to establish my company's Solo K Plan and provide them with "Self Employed 401(k) Custody Agreement".They said I can hire a CPA or lawyer to do that.
Daniella Hernandez
Elderly & Dissabled Parents Need Help
2 May 2018 | 6 replies
As to them having custody of a grandchild, that makes it so much more complicated, hopefully someone else can step in and help with the child during this time of their lives.
Marie Withelidua
I own a home in a declining area...
9 May 2018 | 31 replies
The judge released him to the custody of his parents because he was a minor and that neighborhood association was legally obligated to pay the kid the $100 reward money.It took me a few tries to figure out the system when I had to deal with my noisy neighbor here in Pensacola.
Richard Jump
Self Directed IRA Investing Scenarios
3 April 2018 | 8 replies
@Richard JumpBesides paying the IRA custodian fees to custody the real estate investments, send funds out and deposit funds the typical fees that would apply to a real estate purchase or sale would apply.
David Tiemann
Drug bust in one of my units, can I give them the boot?
26 May 2018 | 9 replies
The tenant is still in custody, but her girlfriend remained in the apartment.
Richard Howell
Roth Solo 401k : 1099-INT
1 June 2018 | 9 replies
@Carl FischerFor most self-directed plans (non-custodial), there is a separate EIN obtained for the plan or more specifically in most cases, the trust.
Bryan Pham
Recommendations for Self Directed IRA
6 March 2018 | 9 replies
Bryan,Here are the 3 main options to consider:1) Custodial self-directed IRA, lower upfront cost but watch out for transaction and asset based fees, have to go through custodian for every transaction, might be inconvenient for certain investments. 2) Checkbook IRA (aka Checkbook IRA), eliminate transaction fees, higher upfront cost because of special purpose LLC, but long term will provide savings and most importantly a convenience of having checkbook control over your retirement assets. 3) Truly self-directed Solo 401k, requires self-employment activity or small business, the best option if you qualify.
Eric Schrader
Taxes, Rental Property, Self Directed IRA Hold back financing
10 December 2018 | 4 replies
Apparently the title will remain in the custodial IRA's name.
Woodrow Carpenter
Looking for Help...Ocean County, Jersey Shore
18 April 2006 | 2 replies
Caught her cheating , 2 yr divorce and custody battle.
Jenice Edmonds-McDaniel
pre-forclosures in ohio
11 September 2006 | 6 replies
The problem is money is tight for him and he has custody his two kids.