Many mistakenly believe that their retirement accounts must only be invested in stocks or mutual funds. Not so! The IRS has always permitted real estate to be held inside retirement accounts. The IRS rules allow you to engage in almost any type of real estate investment, except those involving a disqualified person. Investing with the […]
Buying real estate in IRA can be as simple or complex as you want it to be. Some investors keep things simple by buying a single house as a rental property Others take it to the next level by entering a partnership to build or purchase large buildings to be used for commercial purposes Whichever route […]
The Solo 401k loan is an attractive feature of the plan. It benefits both the plan and the participant. The Solo 401k participant can borrow from his/her funds within the plan. He/she repays the loan to the Solo 401k, and the Solo 401k receives the amount back with interest. The maximum loan amount is $50,000 […]
Do you want to have full control of your IRA or 401(k) account? Do you want to invest your retirement funds in real estate or in other alternative investments? Are you ready to directly manage your own retirement funds? By converting your 401k to a self directed IRA, you can be in control! Now is […]
Our Checkbook IRA reviews highlight the growing popularity of this investment vehicle. The Checkbook IRA from Sense Financial Services gives “checkbook control” over an IRA, in a way that is both cost-effective and time-efficient. The process to establish a Checkbook IRA includes: Establishing a special-purpose Limited Liability Company (LLC) with you as the manager Opening a […]
Self Directed Solo 401k retirement plans provide checkbook control without the use of an LLC or custodian. Understanding the concept of custodian The concept of a custodian comes from the Internal Revenue Code (IRC) Section 408, which is devoted to Individual Retirement Accounts (or “IRAs”). Section 408(a)(2) of the IRC explains that an IRA is […]
So are you set for life with your current retirement portfolio? Can you further diversify your investments to increase your returns potentially? If so, alternative assets like real estate investment, trusts, commodities, and private equity funds may be the way to go. Investing in alternative assets with your retirement account can help build long-term wealth […]
Much Better Use of Your Self Directed IRA So while custodians that allow investments into “non-traditional” assets are vastly superior to “conventional” custodians, a Checkbook IRA (also known as Self Directed IRA LLC or Real Estate IRA) is a more efficient and effective way to utilize a Self-Directed IRA. Investors ask if Checkbook IRA is necessary […]
On today’s podcast Ryan had Dmitriy Fomichenko as a guest. Dmitriy is a specialist in Solo 401K’s and we talked all about that and why it is such a great retirement vehicle for you. We also go in depth on the differences between Solo 401Ks and SEP IRAs, as well as life insurance and the […]
If you have funds in a Solo 401k and an IRA and need both plans to fund an investment, is it legally possible to do so? Watch this Solo 401k Quick Tip video to learn how you can structure a joint investment between a Solo 401k and a self directed IRA.
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