I currently have a 401k with my employer with a mid 100's balance. I also have the ability, self employment, to open a solo401k with the intention of eventually rolling over my employer balance if I retire or forced t...
Hello everyone,
Throughout my 2018 experiences in RE, I have decided to set some realistic new goals for the New Year which I am really looking forward to. Before I do, I wanted to reach out in hopes of obtaining som...
Hi all,I am planning to invest into Real Estate from SDIRA LLC or Solo 401k LLC. I as of now have a SDIRA. This year and next year I am getting self-employment income on 1099. I like to contribute as much as I can tax...
HiI am about to start a new job and wanted to get some clarity on how adjusted gross income can negatively impact both my 401K and Roth Ira. I looked up the AGI for 2016 and it show a range between $61K-$71K. My new s...
My husband owns a new company with no employees and makes $0 income from it at the moment. Am I allowed to contribute to his solo 401K as his working spouse? I work for another company independent from the one he owns...
I'm looking at opening an account and looking for the better option?
What are the main differences?
I am looking to set up a self directed IRA, and I've done quite a bit of reading on bigger pockets about it. I understand their is some risk, but I do like the additional investment options. I am trying to find a repu...
Good morning BP!I work full time and have a 401(k) through my employer. I also have an Roth IRA personally that I contribute to. However, I utilize a disregarded entity to own and manage several small apartment buil...
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...
So I’ve been reading the new advanced tax strategies book and according to the book, because I am a 1099 realtor, I can use the pass through deduction to take off 20% of my taxable income. But according to the first t...