Self-Directed IRA Custodians: A Comprehensive List

Checkbook IRAs require a self-directed IRA custodian according to Section 408 the Tax Code, in contrast with Solo 401K Plans for which no independent custodian is necessary. Following is a comprehensive and hyperlinked list of SDIRA custodians. Note: Not all trust companies listed below are checkbook-control friendly. Continue reading “Self-Directed IRA Custodians: A Comprehensive List”

Tax Podcast: Structuring Your Real Estate & Crypto Investments

In this episode of REAL ESTATE RADIO LIVE WITH JOE CUCCHIARA, we discuss different  types of real estate investments – buy-and-hold real estate, real estate wholesaling, real estate flipping, real estate private lending, real estate tax liens & deeds  – their respective tax treatment, and the importance of using the optimal tax entity to achieve the greatest tax savings for each. Cryptocurrency taxation and crypto tax strategy are also covered. Continue reading “Tax Podcast: Structuring Your Real Estate & Crypto Investments”

Crypto IRA and Crypto 401k Overview: Tax Free Bitcoin Interview

In this live radio broadcast, we discussed the fundamentals of Cryptocurrency taxation and tax-free Cryptocurrency retirement account investing. If you’d like to invest tax efficiently in Bitcoin (BTC), Initial Coin Offerings (ICOs), Bitcoin mining, and any other Blockchain venture, this podcast will give you the basics for doing so with Checkbook SDIRA and Solo 401K Plans. The IRS published guidance regarding the tax treatment of virtual currencies in IRS Notice 2014-21. Cryptocurrency transactions, even when no “fiat” is received, are taxable events. For example, if a crypto investor trades Bitcoin for Ethereum, he may owe taxes on that trade – but the transaction will not have provided any US Dollars with which to pay the tax liability (the IRS does not yet accept crypto payment of taxes). Crypto-mining has particularly unfavorable tax treatments as ordinary income. Self-directed retirement accounts, when properly structured, can be used to significantly improve the tax results of mining operations.

Self-Directed IRA & 401K Investor 2018 Tax Filing Calendar

A comprehensive 2018 Tax Filing Calendar for self-directed retirement plans, businesses, exempt organizations, trusts and estates, and individuals. Continue reading “Self-Directed IRA & 401K Investor 2018 Tax Filing Calendar”

Best Ever Real Estate Show: Checkbook Self-Directed IRAs and Solo 401(k)s

For comprehensive info about Checkbook Control Retirement Accounts, including SDIRA & Solo 401k, listen to  Best Ever Real Estate Podcast: Using IRA’s & 401k’s To Invest In Real Estate with Bernard Reisz, hosted by Joe Fairless and the Best Ever Team. Continue reading “Best Ever Real Estate Show: Checkbook Self-Directed IRAs and Solo 401(k)s”

Checkbook IRA: Year-End 2017

Happy New Year to All Checkbook Control IRA Investors! 2017 was an exciting year – from the explosive emergence of Cryptocurrency to Tax Reform – we in the Self-Directed IRA community have had a stake in the evolution of the investment and tax landscape. In this post we’ll highlight how 2017 regulatory events relate to Checkbook IRA investors and provide some year-end IRA-LLC planning pointers. Continue reading “Checkbook IRA: Year-End 2017”

Checkbook Solo 401K: Year End 2017

Happy New Year to All!
 
2017 has been an exciting year for checkbook control – from the explosive emergence of Cryptocurrency to Tax Reform – we in the self-directed retirement community have had a stake in the evolution of the investment and tax landscape. In this post we’ll highlight how 2017 regulatory events relate to Checkbook Solo 401k investors and provide year-end tax planning tips.
Continue reading “Checkbook Solo 401K: Year End 2017”

Checkbook Solo 401k: Is It Better Than A Self-Directed IRA?

Self-Directed IRAs, Checkbook-Control IRAs, and IRA-LLCs are powerful alternative investment vehicles with great tax benefits. However, for those that qualify, Checkbook Solo 401K Plans are far better vehicles for retirement-account real estate investing. In this post will introduce the fundamentals of Checkbook Solo 401k Plans and their benefits. Continue reading “Checkbook Solo 401k: Is It Better Than A Self-Directed IRA?”

Solo 401k Loan FAQ & Answers

One of the most attractive features of a Self-Directed Solo 401k is the Checkbook 401k Loan feature. The loan proceeds can be used to finance anything you’d like and the interest payments are made to yourself. In fact, SD401k loan interest can be viewed as a way to make backdoor contributions – beyond the contribution limits – to your Solo 401k tax advantaged retirement accounts. Once paid to the your 401(k) plan, those funds will grow either tax-deferred or tax-free. Do you have debt to pay off? Do you want to purchase a new vehicle? Pay for education? Or, would you like to make an investment outside your Solo 401k using Solo 401k funds? The Checkbook Control 401k loan feature is your best option. In this post will cover all that you need to know to legally take advantage of this checkbook-control feature. Continue reading “Solo 401k Loan FAQ & Answers”

How To Buy Bitcoin Using an IRA-LLC or Solo 401k

Self-Directed IRA-LLCs and Solo 401k Plans can buy and sell Bitcoin and other cryptocurrency the same way they can invest in real estate, private equity, tax liens, stocks, and mutual funds. When using Checkbook-Control the process for tading Bitcoin, Ethereum, Litecoin, Zcash, Dash, Ripple XRP, Monero and all other cryptocurrencies is the same as when purchasing them outside of retirement accounts.  Continue reading “How To Buy Bitcoin Using an IRA-LLC or Solo 401k”

Roth Solo 401k Contribution Guide

What type of funds can be contributed to a Solo 401k Roth account?

There are many sources of funds for Self-Directed Solo 401k plans and most – but not all – can be contributed to the Roth Solo 401k subaccount. Following are eligible sources of funds for a 401(k) Roth account: Continue reading “Roth Solo 401k Contribution Guide”