Mark Smith
Should I Kill My 401k?
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
Rupert Grant
SDIRA vs Solo 401k which would you use and why?
I have been using a SDIRA and am now thinking that a solo 401k might be more beneficial. Any thoughts on the subject?
Marsha Segree
SD401K vs SD IRA and Checkbook Control
I have been reading through the posts about self directed IRA/401Ks/checkbook control etc and there is so much information! I left my job a few months ago and I want to transfer the funds from my 401K to one of these ...
Stefan Stankovic
Viability of new construction in historic district
Hello everyone, I am trying to gauge the viability of pursuing a new construction project in a historic district in Houston. From my limited understanding, a Certificate of Appropriateness is necessary for approval on...
Eric Piccione
Should I max out my HSA/IRA or neither?
I wanted to know if I should put more money into my HSA, Roth IRA, or neither. If I had to choose between the two, the HSA seems like it provides more tax benefits than the Roth IRA. However, My company matches up to ...
Taylor Shapiro
Using gross profits for mutifamily down payments, tax deferred?
Hi guys and gals,In the next month or so I'll be selling 2 flip properties- a single family and a 4 unit. I plan on opening a solo 401K to defer some taxes, but as I understand, annual contributions are capped at $50K...
Kyle Gendron
I WANT A IRA WHAT TO LOOK FOR ?
I looked into opening my ira account at my personal credit union and was faced with the fact that i didnt know what i was looking for lol ... So i was wondering what a good IRA plan or account would have ?
Graeme Black
Directing passive income into a Solo 401k?
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
Arshad Hussain
CPA is refusing to include solo 401k in the tax return
My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:https://www....
Jose Rodriguez
Tax interest deduction on rental property under LLC
I have some properties mortgaged under my name. Is there any limitations with claiming the mortgage interest as expenses on the LLC tax return? the properties are under my name but the LLC manages all income and expen...