Ira Llc | Jeff Nabers Blog

Is the Health Care Bill a Distraction From What’s Next?

March 24, 2010 By Jeff Nabers 11 Comments

Everyone is talking about health care. “How could the politicians do this with a strong majority of American in opposition?”

This video provides some insight into the never-ending string of government takeovers, and seeing the whole picture is alarming. One lesson from all of this is that complaining doesn’t work. Neither does disapproving. What does work is being prepared to defeat government takeover attempts.

Discussed in the video is what I believe is one of the most fundamental characteristics for a free society. Enjoy!

Filed Under: Hyperinflation, Money, Self Directed IRA Solo 401k Tagged With: alternative asset, alternative investment, asset, bill, brenanke, budget, care, congress, currency, debasement, deficit, deflation, depression, economist, economy, fed, federal reserve, gold, government, greenspan, Health, healthcare, inflation, invest, investing, investments, ira, ira llc, irs, monetary, obama, pelosi, policy, recession, reform, self directed, Self directed IRA, silver, solo, Solo 401k

Get 5 Steps to Freedom Book on Kindle Now!

January 19, 2010 By Jeff Nabers 4 Comments

5stf_kindle

Finally! I’ve received many requests to make the book available in Kindle format. We started working on that about 6 months ago, and as of just a few days ago, it’s available.

Go here to purchase 5 Steps To Freedom on Kindle.

The book is more than financial education… it’s an action plan. And it’s more than only an action plan… it’s a proven action plan backed by over a dozen cases studies. It shows you true stories of friends and clients who have found massive success in their self-directed wealth management.

You’ll find that most [Read more...]

Filed Under: Money, Precious Metals, real estate, Self Directed IRA Solo 401k Tagged With: 401k, 5 steps to freedom, case studies, custodian, depression, economics, financial planning, freedom, gold, government, ira, ira llc, jeff nabers, libertarian, liberty, mises, phoebe chongchua, real estate, recession, ron paul, self directed, solo, Solo 401k, tom woods

Getting Around Prohibited Transactions

August 31, 2009 By Jeff Nabers 16 Comments

sneaky

Prohibited transactions is a chief topic when exploring self-directed IRA & Solo 401(k) investing. When a person first discovers that his retirement accounts have been chained to Wall Street brokerages without necessity, his mind starts to imagine the possibilities.

Real Estate? Yes.
Private Businesses? Sure.
Precious Metals? Absolutely.
Getting my hands on my retirement money now? Slow down there.

There are two types of limitations on the average retirement account. One is an unnecessary restriction of investment options to securities products. That can be eliminated through restructuring your accounts and funds. The second limitation is legal and cannot be removed.

Setting up a self-directed IRA or 401(k) is about removing limitations. Once you have it setup outside the nearly monopolistic network of securities dealers, you can invest in almost anything… but you must fully understand the legal limitations.

The general premise behind prohibited transaction rules is that the government wants you to grow your retirement account as big as possible because they plan to tax it later on when you distribute the funds to yourself for spending. Without prohibited transactions rules, anyone in their right mind would [Read more...]

Filed Under: real estate, Self Directed IRA Solo 401k Tagged With: 4975, house, individual 401k, internal revenue code, ira, ira llc, irc 4975, law, laws, llc, loan, prohibited transaction, real estate, retirement, retirement account, retirement plan, self directed, solo, Solo 401k, solo k, strawperson, uni k

Tax Return for UBIT – Does your retirement plan own leveraged real estate or an active business?

April 15, 2009 By Jeff Nabers Leave a Comment

Just a quick, last-minute reminder…

If your IRA owns mortgage-leveraged real estate, you owe UBIT.
If your IRA or 401(k) owns an active business structured as a pass through entity (such as an LLC or partnership), you owe UBIT.
If your 401(k) owns mortgage-leveraged real estate AND the mortgage is a “seller carry”, you owe UBIT.

UBIT, or Unrelated Business Income Tax, applies to tax exempt organizations including retirement plans. To pay UBIT, Form 990-T must be filed with the IRS. If this is all news to you, once you are done scolding yourself, you may want to file for an extension using Form 8868.