Real Estate Harsh Reality April 7, 2011
Posted by Jeff Nabers in : real estate, Self Directed IRA Solo 401k , 2comments
You may be wondering why I haven’t blogged about real estate investing in a while. There’s a very good explanation video at Nabers.TV for you to check out.
The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2 November 16, 2010
Posted by Jeff Nabers in : Business Start-Ups, Money, Personal Enjoyment, Personal Productivity, real estate, Self Directed IRA Solo 401k, Small Business Lending , 7comments
In the last post, you learned about how doing an active “entrepreneurship-ish” deal inside your IRA is an open invitation for the IRS to tax the hell out of you.
In this post, you’ll learn the solution.
- The solution is not to avoid doing active deals.
- The solution is not to stop pursuing massive profits or to lock away your talents and skill to be unused.
The solution is to structure both your active entrepreneurship and your passive investment activity in a way that that puts you in the most control. Put another way, avoid giving the IRS an open invitation to tax attack you.
I bet you can guess where this is going (one commenter had a pretty good (more…)
Get 5 Steps to Freedom Book on Kindle Now! January 19, 2010
Posted by Jeff Nabers in : Money, Precious Metals, real estate, Self Directed IRA Solo 401k , 4comments
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 (more…)
Getting Around Prohibited Transactions August 31, 2009
Posted by Jeff Nabers in : real estate, Self Directed IRA Solo 401k , 16comments
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 (more…)
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