With a Solo 401k for real estate investors, you can invest in real estate properties and other alternative assets. At the time of distribution, you can either liquidate the assets and distribute cash to yourself or you can choose an in-kind distribution. This option allows the plan owners to own and take control of the assets […]
The Roth Solo 401k plan is a powerful tax-planning strategy. Many investors choose to pay tax up front because they are in a lower tax bracket for the year. Others may expect to earn a significant amount from their investments. When used wisely, a Roth account can help investors shelter a large amount of earnings […]
The self-directed 401k for business owners is allowed by the IRS to invest in certain types of precious metals, including gold and silver. Investing in precious metals can be a great way to grow and safeguard your Solo 401k funds. However, before making investments, plan owners need to understand first which types of precious metals […]
Plan owners of the Solo 401k and self-directed IRA have many flexibility and control over their retirement accounts. However, the plan owners need to be aware of prohibited transactions and how that can affect their plan. Watch the latest Solo 401k video to learn more about the types of Solo 401(k) prohibited transactions to avoid […]
What to do if you need to use your Solo 401k funds to pay for your mortgage? Plan owners need to know that they cannot use their Solo 401k funds for personal purposes, but are allowed to borrow from the 401k. Watch this Solo 401k Quick Tip video where Sense Financial explains the how Solo 401k […]
There are two fundamental kinds of real estate markets: Linear as well as Cyclical. Cyclical Markets Cyclical markets are property markets that have the tendency to have bigger cost moves up and down over the years. Residential property values move up as well as down like a roller coaster ride with obvious peaks and also […]
Now that tax season is over, do you have time to reflect on your finances? For many of us, tax season is also a good time to evaluate our investment strategies. It’s important to aim for the best returns on your investments, but it’s even more so to shelter these returns from taxes. Many real […]
Design for self-employed business owners and independent contractors, the Solo 401k plan can also cover their spouses. If the spouse is also involved in the business, he or she can also make contribution to the plan. In this Solo 401k Quick Tip video, Sense Financial clarifies the rules and contribution limits that are applicable to the […]
The Solo 401k plan offers asset protection just like other qualified retirement plans. This means that it offers protection from all creditors in case of a lawsuit, default of debt, or bankruptcy. In this Self-directed Solo 401k Quick Tip video, Sense Financial explains more about what would happen to a Solo 401k if the plan […]
At 99 year old, Stewart Wade has not retired yet. Instead, he is still talking to his clients, negotiating deals and showing properties every day. The seasoned agent started working in real estate in the 1960s. More than 40 years later, he has no plan to stop working yet. We have heard of many people […]
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