Real Estate Syndications & UBIT/UDFI Tax
Learn how UBIT and UDFI taxes apply to self-directed IRAs investing in real estate syndications. Understand tax rules, exemptions, and strategies to maximize returns on alternative investments using your IRA.
How to Self-Direct a Roth IRA (aka Roth N’ Roll)
Self-directing a Roth IRA opens doors to unique investment opportunities and tax advantages. Unlike conventional IRAs, a self-directed Roth IRA allows you to take control of your retirement funds and invest in a wide range of assets beyond stocks and bonds.
The 5 Most Common Roth IRA Conversion Mistakes
Avoid tax pitfalls and maximize your retirement savings with Directed IRA’s expert advice on Roth IRA conversions.
The Backdoor Roth Strategy
Uncover the secret strategy high-income earners are using for tax-free retirement savings. Say goodbye to Roth IRA contribution limits. Explore the potential of the “Backdoor” Roth IRA approach and how it can revolutionize your financial future.
2024 Tax Reporting for Your Self-Directed IRA
Self-Directed IRA investors must be aware of their self-directed IRA tax reporting responsibilities. Some of these items are completed by your IRA custodian and others are the IRA owner’s sole responsibility. Here’s a quick summary of what should be reported to the IRS each year for your self-directed IRA. Make sure you know how these items are coordinated on your account as the ultimate authority and responsible tax person on the account is, you, the account owner.
Solo 401(k) Contribution Deadlines and Rules for 2025 Contributions
As we near the close of 2023, embark on a journey of financial empowerment! For Solo 401(k) owners, understanding the exciting deadlines and regulations that shape your contributions is key. Join us in this engaging article where we unravel the essential aspects and unveil key dates every Solo 401(k) owner should have on their radar. Explore three pivotal deadlines that not only provide valuable insights for current owners but also serve as a roadmap for those planning to set up a Solo 401(k) before the year concludes. Don’t miss your chance to navigate the financial landscape with confidence and strategic foresight!
IRA/LLCs – IRA Ownership of LLCs
In the article, I outline the benefits of an IRA/LLC, how to properly set up an IRA/LLC, how the documents need to be restrictive over and above a standard LLC set-up, and discuss the cases where self-directed IRA owners have improperly operated the IRA/LLC.
2022 Solo 401(k) Contribution Deadlines: Rules, Steps, and Strategies
As 2022 has come to an end, it is critical that Solo 401(k) owners understand when and how to make their 2022 contributions. There are three important deadlines you must know if you have a Solo 401(k) or if you plan to set one up still for 2022. A Solo 401(k) is a retirement plan […]
The IRS Increases 2023 Contribution Limits to IRAs, HSAs, SEP IRAs and Solo 401(k)s for Business Owners
The IRS changed 2023 contribution limits on Traditional IRAs and Roth IRAs and those amounts are now $6,500 annually, with a $1,000 catch-up for those 50 or older. That’s an increase of $500 from 2022 limits.
Self-Directed IRA vs Solo 401(k)
Many self-directed investors have the option of choosing between a self-directed IRA or a self-directed solo 401k. Both accounts can be self-directed so that you can invest in any investment allowed by law such as real estate, LLCs, precious metals, or private company stock. However, depending on your situation, you may choose one account type […]