Much Better Use of Your Self Directed IRA 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 for […]
February e-Newsletter Client Testimonial: I couldn’t have had a better experience. Setting up a self-directed Solo 401(k) isn’t simple, but Sense Financial was there every step of the way to answer questions quickly and accurately. At one point, I had an issue transferring money from one financial institution and Dmitriy got on a conference call with […]
When it comes to retirement savings, we all do wish for the same amount of investment freedom that we usually get with our other investments. Traditionally, most of the financial institutions offer limited investment options, starting with stocks and bonds to mutual funds and CDs only. The last recession taught us one thing for sure […]
“Landlords grow rich in their sleep without working, risking or economising.” ~ John Stuart Mill A majority of the investors would agree with the English philosopher, especially with the positive sentiment growing throughout the US real estate market. With a well-thought strategy, adding real estate to a retirement portfolio could beat wavering stock market returns […]
Real estate is making its comeback in the investment portfolio of average investors, as indicated by an independent survey conducted by Bankrate.com. It diversifies the portfolio while hedging investments against inflation and sudden market movements. If you are a small business owner or self-employed professional with a Roth Solo 401k account, you can invest in […]
For self-employed professionals planning to add a tax lien in their Solo 401k retirement portfolio, it is important to understand the lien sale process in their target county. The best way is to contact the county tax office or treasury department, as some counties conduct tax lien auctions whereas others prefer an online auction model. […]
The Federal Circuit Court decided that when a plan owner receives compensation or salary from his IRA LLC, it is considered a prohibited transaction. IRA plan owners are recommended to review and understand the rules and regulations to keep their plan in compliance. What is an IRA LLC? The IRA LLC is set up to […]
February Newsletter Quick Poll Video: Solo 401k Investment Options Client Testimonials Sense Financial team is extremely knowledgeable and friendly and helped make the setup of my self-directed Solo 401k a smooth process. They provide a really nice client portal with a knowledgebase that can answer most any question. However, if you ever need […]
IRA Prohibited Transactions Even though an IRA is allowed to hold real estate, there are still rules and regulations applied. Learn about IRA Prohibited Transactions in this video. We will discuss prohibited assets, disqualified persons, and personal gains from IRA.
IRA Non-Recourse Loan Qualification Learn about IRA Non-Recourse Loan Qualification in this educational video. Unlike traditional loans, the lender will not look at your credit history or personal asset, because these do not apply to a non-recourse loan. In this video, we will explain what criteria lenders will look at to determine a IRA non-recourse loan […]