As an independent contractor years back I was able to exceed traditional 401k limits w/super/megaroth. This was glorious. Since then the company which provided the solo 401k was acquired, rules changed so that now (in...
Fact.The US government is totally bankrupt, Social Security is running out of money, and that the Federal Reserve is rapidly engineering its own insolvency.How do we find value to soften the impact?How do we make bett...
I am looking for some advice and comparisons between a Self-Directed IRA vs a Solo 401K. I have scanned through the various threads and have a couple of books on order, but could use some advice. I will likely have ...
I have become more interested about SDIRAs after seeing them advertised in BP's Wealth magazine and more recently after reading Matt Faircloth's book "Raising Private Capital" and have a few questions. I am looking to...
I have heard that it’s possible to set up a self directed 401K or IRA that you can use to invest in your own real estate tax free. I am wondering if anyone has done this? It seems too good to be true. Each week I set ...
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
I know many on here are fans of Solo K plans. I cant find too much detailed info online and even my tax guy is not too familiar with them. So let me post my questions here for the experts
1. Does having pass...
I've read a lot of material on self directed (including checkbook) options but still not sure the best approach. Would appreciate any advice. My situation: Currently employed. Have a large 401k from 7yrs at current co...
After spending a few years investing out of state in long term rentals, I realized that I would have to accumulate up to 100+ houses at the infamous “$100/door” target to completely decrease my dependance on my W-2 in...
Any thoughts and/or advice on self directed IRA's?