Is your hesitation to use a self-directed IRA due to not knowing what to invest in or where to start? Real estate offers many options, but if you’re new to self-direction, you can still get stuck trying to pick an investment. Maybe you simply don’t know where … Read More
Several weeks ago, the IRS extended our personal income tax filing deadline from April 15 to May 17, 2021. Because a few other deadlines are synonymous with the date to file personal taxes, we have been waiting for confirmation that these additional deadlines would be extended, as … Read More
The coronavirus pandemic and subsequent safer-at-home mandates put quite a dent in the 2020 travel industry. If you or your self-directed IRA own vacation rental investments, chances are, the returns on those assets suffered, too. As we settle into 2021 and as more Americans get vaccinated, many … Read More
SIMPLE and SEP IRAs, as well as solo 401(k)s, are great retirement plans for small business owners and self-employed individuals to capture tax-advantaged retirement savings for themselves and employees. These plans can be self-directed, allowing account owners to make their own investment choices and use alternative assets … Read More
Even though 2020 is over, you have time to implement a few retirement planning tax strategies that can impact your income tax liability due on April 15. These strategies can help you now, and also set you up for a successful 2021. This article is short, sweet, … Read More
Checkbook IRAs present a powerful investing strategy that make it easy for account owners to invest in alternative assets. Account owners form what’s called a single-member LLC, and your IRA operates under the umbrella of that LLC. These structures provide more flexible investing power than typical self-directed … Read More
Have you ever considered investing in bitcoin with your IRA? There are several advantages. Most notably is the fact that Bitcoin was the best performing asset—in the world for the past two years in a row (at the time of the writing of this article). Successful investments … Read More
You don’t have to wait to see a for sale sign go up to find investment property (or any property, for that matter). There are potential off-market real estate options available—if you just know how to find them. Whether you invest in real estate with your personal … Read More
A health savings plan is a fantastic tool that can lessen the burden of health care costs now and in the future. Unused funds in the account roll over year after year, accumulating growth that can significantly supplement your retirement income. A self-directed health savings account gives … Read More
You don’t have to work for a big company to have a 401(k). Small business owners and self-employed individuals can open and contribute to an individual 401(k) and enjoy the same retirement-saving benefits that the traditional corporate plan offers. A self-directed solo 401(k) has the same features … Read More
