Blog
Make Lemonade From Lemons
Make Lemonade From Lemons by Peter RizzoTo all of you that are bemoaning the fact that your IRA’s or 401k’s are taking a dive in value, there are two things to do: 1. You can pour a glass of wine and bemoan the value you lost, letting everyone within earshot...
Celebrating Our Independence
Celebrating Our Independence by Peter RizzoAs we celebrated 246 years of America’s independence, every day people are celebrating their financial investing independence. The majority of most people’s investment portfolio is tied up in their IRAs or 401(k)s....
Money Lending: The New Popular Way to Invest with Structured Returns
Reminder: Form 5500-EZ Due by July 31, 2022 by Jordan SheppherdIt’s hard to believe we’ve crossed the halfway point of 2022. I’m sure I’m not alone in saying it seems like yesterday we were celebrating the New Year. For those of you who have Solo 401k plans,...
Reminder: Form 5500-EZ Due by July 31, 2022
Reminder: Form 5500-EZ Due by July 31, 2022 by Jordan SheppherdIt’s hard to believe we’ve crossed the halfway point of 2022. I’m sure I’m not alone in saying it seems like yesterday we were celebrating the New Year. For those of you who have Solo 401k plans,...
Money Lending: The New Popular Way to Invest with Structured Returns
Money Lending:The New Popular Way to Invest with Structured Returns By Peter RizzoMoney lending is becoming a very popular method of getting a return on your investment dollar. A large group of society had their credit scores hit hard from the pandemic and many...
Tax Lien Investing – What to Know
Tax Lien Investing – What to Know By Peter RizzoWith a finicky stock market, tax lien investing is becoming popular. Here’s what you need to know before jumping in: Tax lien investing can give your portfolio exposure to real estate — all without having to actually own...
The Difference Between Direct & Indirect Rollovers
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.
The Difference Between Direct & Indirect Rollovers
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.
What to Do in the Crazy Market Swings of Today
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.
Where’s My Crypto?
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.
Why Go to the Trouble of Converting Your IRA to a Checkbook Controlled Solo 401(k)?
A Solo 401(k) can certainly open a brokerage account, and can engage in just about any type of trading you can imagine. Everything from the holding of plain old stocks and mutual funds, to options trading, to trading on margin, all of it can be done in a brokerage account.
Should You Invest in Real Estate with your Retirement Savings?
Here are a few tips that might help you in your quest for stability and appreciation in your retirement accounts using Real Estate:
What is a Self-Directed IRA Custodian?
Substantially, a “self directed IRA Custodian” is no different than any other Custodian. An IRA is technically a trust, and any Custodian is technically the trustee of that trust.
This Seems Too Easy, What Mistakes Could I Make?
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:
Is a Self-Managed Retirement Account (Checkbook IRA or Checkbook Controlled Solo 401k) right for you?
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.
Is Crypto Currency for You?
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.
Do I Need a Labor Law Poster?
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.
Is Now the Right Time to Convert Cryptocurrency to a Roth IRA or Roth 401(k)?
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).
3 Important Factors to Consider When Investing in Vacation Rentals
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.
Solo 401(k) Clients – Distribution Processing Firm Recommendation
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.
A Different way to Flip Homes
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.
Beware Transferring Money
Here are some tips to hopefully ensure your funds get to the right person or company as quickly as possible
Tips to Make Sure Your Flip Doesn’t Flop (Updated May 2022)
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.
Should You Invest in Real Estate with your Retirement Savings?
Here are a few tips that might help you in your quest for stability and appreciation in your retirement accounts using Real Estate: