Blog
Managing Your Check Book IRA: What’s Your Responsibility?
As Manager of your LLC or Check Book IRA, you have a fiduciary responsibility to act in the best interest of the LLC. But, what does that mean in practice?
Vetting Your Investment Opportunities
The one major piece of advice we give our clients is to thoroughly vet and understand the risks and rewards of your investments. Here are a few tips that we see all our successful investors do.
Solo 401(k) – How to Make Changes to Your Plan
If you are one of our clients with a Solo 401(k), or if you’re thinking of setting one up, in this brief article, I’m going to walk you through how to change information in your plan.
Taking Distributions from Your Check Book IRA
While, Check Book IRAs are subject to the normal distribution limits as other IRAs, there are a few extra steps to making these transactions when using a Check Book IRA.
Investing in Real Estate that is Attached to an Association?
This can be an exasperating or great experience depending on your knowledge going in. Here are a few tips to help you understand what you are getting yourself into.
Checkbook IRA would like to welcome Anne Amagrande and Grande AMA
Retirement Guardians and Checkbook IRA would like to welcome Anne Amagrande and Grande AMA @Associates as new affiliates
Know Your investment Style!
You have to have a clear picture of what your style is in order to find investments to match your goals and tolerance for risk.
Want to Invest in Real Estate but Don’t Want the Hassle or Don’t Have the Funds? Try Crowdfunding.
With the dawn of the Internet, the idea came about to get a group of investors whose only commonality was a high net worth and that they execute their investment searches by electronic communication. This is how crowd funding came about.
Financing Property? Try a Solo 401(k)
If you are thinking of financing some property within a retirement structure, you might consider doing it through a Solo 401(k), instead of an IRA related structure
Amazon Just Proved the Value of Real Estate in an Investment Portfolio
There is a silver lining for the investors who already closed on properties and the higher pricing. Those properties will still create income.
The Importance of a Successor Manager
Being a beneficiary to your Check Book IRA doesn’t mean that your beneficiary can simply take over your LLC investments or even access the LLC bank account; unless they are named as Successor Manager in the Operating Agreement.
Triggering UDFI in a Partnership
Most of you are probably familiar with the Unrelated Debt Finance Income (UDFI) rules, which apply any time a retirement account has “acquisition indebtedness” on a given asset, or in plain English, anytime the retirement account uses leverage to purchase an asset.
Why use the Solo 401K rather than a SEP IRA or why not Supersize your SEP
While a SEP IRA does offer high annual contribution limitations, there is another retirement plan that offers better retirement options…
Life Settlements in a Retirement Account? Think Again.
Most of you who subscribe to our newsletter understand that life insurance is prohibited to retirement accounts as an investment. Its hard to forget, given that there are only two investment classes prohibited to IRAs and 401(k)s – life insurance and collectibles.
We Wish you a Joyful Holiday Season From your Friends at Check Book IRA
As we wish all of you a very happy Thanksgiving and hoping that you surrounded yourself with family or loved ones, we also want to note a phenomenon that happened this holiday season.
IRS Announces 2019 Retirement Account Contribution Limits
A few days ago, the IRS issued updated contribution limits to retirement accounts for 2019… With these new limits, Solo 401(k)s remain the best option for those wanting to aggressively save for retirement and reduce taxes.
For Investment Success Don’t be a Lone Wolf. Build Your All-Star Team
We see the most successful investors build an All-Star team and use them to achieve investment success. Even the greats need the support of the team.
My Solo 401(k) Can Loan Money to Me?
There are a lot of great things about the Solo 401(k), but one of most convenient is the fact that you can take a loan from it.
Guard Your Future
We do not give and cannot give financial advice, but we can pass along investment strategies and tips that our successful clients use on a daily basis.
Stocks and UDFI (Unrelated Debt Financed Income)
Recently, we’ve had a few questions about Unrelated Debt Financed Income (UDFI) and how it might apply to investments in the Check Book IRA structure.
A Retirement Tool Box
Guiding, growing and guarding your retirement without the right tools is hard as well… Stessa is a free software program that helps track your real estate investments.
The Federal Housing Agency Just Made Real Estate Investing and Money Lending Easier for the Individual Investor
The Federal Housing Finance Agency made a little-known change in their policies which will help individual investors and moneylenders in ways that is invisible to the naked eye.
A Birthday “Present” You Don’t Want
The IRS has a birthday present for you; if you forget your age……A 50% penalty for not taking a Required Minimum Distribution once you reach age 70 1/2.
How to Control Your Own Financial Destiny
We talk to people every day that are looking at different ways to accelerate the investments in areas other than what their custodian or investment company offers. Self-directing is the answer to this.