Boy do I get a lot of blowback every time I share my findings about why the government has declared ROBS illegal! Why is there not a specific government ruling on ROBS? Great question! It's because once an issue has been ruled on, they don't repeatedly consider it. "They" are the Department … [Read more...] about The “Jury” Decides on ROBS – Can you legally fund a business purchase or startup with a Self-Directed 401k?
Self Directed IRA Solo 401k
When converting to a Self-Directed IRA/401k, the reason to avoid custodians is simple. Well, there are 4 reasons really. UNNECESSARY DELAYS With a custodian, you give custody of your retirement funds to yet another financial institution who acts as a middleman. This means when you request a … [Read more...] about Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians
I was just making a "get to the point" chart showing how the Solo 401(k) is different than a Self-Directed IRA. Click the chart to view a larger version: As you can see from the chart above, and as you may know from our free education posts, articles and videos... the Solo 401(k) can be … [Read more...] about Solo 401(k) vs. Self-Directed IRA… How is it better or different?
Sorry. I apologize for how we generally haven't been accepting new IRA LLC and Solo 401k clients in over a year... but I promise I'll make it up to you. You see, we've been working hard developing ways to go the extra mile in helping our clients get good results with their investing. I just … [Read more...] about Get Your Self-Directed IRA/401k Setup Now
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. … [Read more...] about Real Estate Harsh Reality
[Originally published at Solo401k.com] Solo 401k was thrust in the spotlight again last week because of its powerful ability to reduce your self-employment income through large tax-deductible contributions. Unfortunately, the writer of that WSJ article is mildly financially retarded. Take a look … [Read more...] about Wall Street Journal: Solo 401k Tax Benefits
Cliff notes version: I will be offering free one-on-one phone consulting to qualified people In order to make room for that, I will no longer be offering free consulting in the form of blog comment responses I'm making some changes to how I focus my energy and how I am able to help you with … [Read more...] about How to Get My Help
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 … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2