We have seen some unbelievable things over the past few years... especially the past few months. The only thing certain is that there is a lot of uncertainty ahead. If you haven't already done so, right now I strongly suggest you watch the 30 minute condensed version of the film I.O.U.S.A. This film … [Read more...] about Why to self-trustee your Solo 401k plan: An argument for direct possession of your assets
A question I get all the time is "Can I personally mow the lawn, maintain, and/or repair properties owned by my IRA LLC?" My answer is "No" which usually creates the response "But another company said I could." First, let's summarize that the accountholder/participant of a retirement plan generally … [Read more...] about Landlording your IRA LLC's properties – Is it allowed?
With tens of thousands of self directed IRA investors utilizing LLC structures to enjoy "checkbook control" authority of their self directed IRA investments, this post may serve as great news for those who aim to follow suit. Solo 401(k) retirement plans can grant direct checkbook control without … [Read more...] about Checkbook Control 2.0 (for the self employed)
In a world where we see stories unfold such as: Enron WorldCom Tyco Subprime mortgage crisis Mutual fund mortgage overexposure and misreporting Fannie Mae & Freddie Mac accounting scandals Insolvency of Investment Bank Bear Stearns ...most Americans are running low on trust when it … [Read more...] about Trust Yourself