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Every day, we talk to people who are trying to determine if a fully self-managed retirement account ( Checkbook IRA, Checkbook Controlled Solo 401k ) is their best option.

Every day, we talk to people who are trying to determine if a fully self-managed retirement account ( Checkbook IRA, Checkbook Controlled Solo 401k ) is their best option.

Here are a few tips that might help you in your quest for stability and appreciation in your retirement accounts using Real Estate:

When looking at the different road maps and reading the website, there seems like very few rules for something that we have been told is very complicated. The rules of Checkboook IRA LLC and the Solo 401(k) are very simple.

Here are a few tips to stay on the right side of the rules:

Every day, we talk to people who are trying to determine if a fully self-managed retirement account ( Checkbook IRA, Checkbook Controlled Solo 401k ) is their best option.

Most self-directed plans allowing Bitcoin or other Crypto assets are extremely expensive to maintain and don’t allow you the ability to move money back and forth to different investments. This is why our Checkbook IRA or Solo 401k are such good choices for these types of investment.

In summary, don’t fall for the Labor Law Poster scam. Posters aren’t required if you have no employees. With Check Book IRA LLC structure, you are a Manager, not an employee.

We’ve seen a huge increase in interest in cryptocurrencies over the last six months or so, and more and more clients are asking about the possibility of converting cryptocurrencies to a Roth IRA or Roth 401(k).

You are probably wondering why we would talk about vacation rentals a few days before Christmas, but surprisingly this is the time of year when people think most about their investment strategy for the upcoming year. More people working remotely and spending a portion of the year in vacation areas thus igniting areas that used to only be getaways.

For all of our current and future Solo 401(k) clients, I would like to recognize a company named PenChecks. This company specializes in (among other things) processing all the documents and tax payments for 401(k) distributions, including withholdings. We’ve been referring clients on an individual basis for awhile now, and I’ve been impressed with their services.

This is just another Idea to fill a need in the housing market for there are some good people who can’t qualify for a long term mortgage or haven’t saved for a down payment and this way they can eventually get their home and you have gotten a solid investment return.

Here are some tips to hopefully ensure your funds get to the right person or company as quickly as possible

We have many clients who use their Solo 401k’s and Checkbook IRA’s to invest in Real Estate by getting in on the flipping craze that has swept the country. While the TV shows and seminars make it seem easy and there’s a pot of gold just sitting there for the taking, but getting started can be an overwhelming experience.

Here are a few tips that might help you in your quest for stability and appreciation in your retirement accounts using Real Estate:

A Certificate of Good Standing IS NOT mandatory and can be purchased directly from the Secretary of State’s office at a fee that is usually significantly less than the Certificate Services company offers.

I was reminded this week that our self-managed plans (CheckBook IRA or Solo 401k ) allow for that control no matter how remote you are.

You can transfer assets from one IRA or 401k to another without tax consequences.

Consider a ROBS (Rollovers as Business Startups) for using your retirement accounts to do so.