Category: Checkbook Control Blog
Solo 401k Podcast: How It Integrates With Your Total Tax Strategy
Private Lending & Checkbook IRA/401K: How To Get Into Real Estate Podcast
Just posted and already has hundreds of downloads! Listen at The Real Blue Spruce.
On this episode with Adam A. Adams, get answers to:
- What is real estate private lending?
- How can I earn passive income through private lending?
- What are the risks of private lending?
- What are some private lending strategies?
- How to protect your private lending investment?
- How can I invest in private lending TAX-FREE with a Checkbook IRA/401K?
- How can I leverage my IRA/401k to get into real estate investing?
- How can I leverage private lending to learn how to invest in real estate?
Self-Directed IRA Custodians: A Comprehensive List
- Not all trust companies listed below are checkbook-control friendly.
- ReSure is not endorsing any of the below listed financial institutions.
- ReSure has extensive insight into the pricing, service levels, and business practices of SDIRA institutions, but those fall outside the scope of this post.
- SDIRA should not be confused with QRP or 401k.
Continue reading “Self-Directed IRA Custodians: A Comprehensive List”
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
Best Ever Real Estate Show: Checkbook Self-Directed IRAs and Solo 401(k)s
Checkbook IRA: Year-End 2017
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.
Checkbook Solo 401k: Is It Better Than A Self-Directed IRA?
QRP & Solo 401k Plan Loan: FAQ & Answers
QRP Loan Proceeds can be used to finance anything you’d like and the interest payments are made to yourself in the form additional deposits to your tax-sheltered QRP. Think of it as a QRP line of credit, requiring no bank underwriting, credit checks, or paperwork processing. (Caveat: Of course, it’s NOT truly a “line of credit” and that calling it a line of credit can be misleading. More on that below.)
Checkbook 401k Loan Interest Payments can be viewed as a way to make backdoor contributions – beyond the Solo 401k contribution limits – to your Checkbook Solo 401k tax advantaged retirement accounts. Once those interest payments are paid to your Solo 401(k) plan or QRP, those funds become additional plan assets that can be invested 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 QRP or Solo 401k?
The Checkbook Control QRP & 401k loan feature is your best option and in this post will cover all that you need to know to legally take advantage of this Checkbook QRP feature. Continue reading “QRP & Solo 401k Plan Loan: FAQ & Answers”