Solo-ks, i.e., individual 401(k) plans are being heavily marketed by the self-directed IRA / Solo-k industry as a way to buy investment real estate with pre-tax and tax deferred dollars (traditional IRAs and 401(k)) or to get tax free growth (roth). While not banned by law, most company 401(k) plans prohibit real estate investments. However, […]
If you’re reading this, you’ve most likely heard that IRA’s can invest in real estate, if held by that by the proper custodian, and that “certain” 401(k)s also can invest in real estate even without a custodian. However, most of the literature out there would lead you to believe that only special 401(k)s can invest […]
Investors may not derive any personal benefit from IRAs and 401(k) investments until they reach retirement age. This is one of the fundamental principles which form the basis for the favorable tax treatment IRAs and 401(k)s receive.
These days the internet is filled with do-it-yourself and extremely low cost self directed IRA and 401(k) plans. A quick google search reveals literally hundreds of sites offering marginally useful information and cookie-cutter plans and services by non-professionals claiming to be “experts” in the field of retirement plan investing. Beware. When it comes to establishing […]
The recent flirtation with default on the nation’s debt once again highlighted the benefits of having cash and flexibility in an economic recession. Skyrocketing interest rates were predicted if the U.S. defaulted, which of course would have caused major downward pressure on real estate prices, and another round of foreclosures. While a default did not […]