He took depreciation on the prop, claimed the kids I’ve had primary custody of, and likely pocketed the returns.I am in the process of trying to engage a communicative/experienced accountant to assist in cleaning this mess up asap and fortunately our amazing bookkeeper of approx 8 years is very knowledgeable and responsive.

While the self-directed IRA is a great structure for investing into real estate and other alternative assets, the Solo 401k is widely considered to be even better.Compared to an IRA, Solo 401k contribution limits are roughly ten times higher and there is no custodial requirement for the 401k.

If you would like the fee schedule for CNB Custody, please send me a message.  

Even if you rent to someone who doesn’t have full custody of their children, you need to delead if the children will be staying there regularly, such as on weekends.

Check out CNB Custody!

I have a custody situation for my 11 yr old that limits my ability to move too far away.

Originally posted by @Crista Allenbaugh:@Frank Patalano  I understand, but as a single parent who is at the tail end of a nasty custody battle, I have not had the income or credit score to get a home. 

Do you want checkbook control or custodial?  

Also be sure to check out the difference between full custodial vs. checkbook control.   

As of May 1, 2024, Paul Andrew Gulbronson is in custody.