self-directed solo 401k

Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians

When converting to a Self-Directed IRA/401k, the reason to avoid custodians is simple. Well, there are 4 reasons really. UNNECESSARY DELAYS With a custodian, you give custody of your retirement funds to yet another financial institution who acts as a middleman. This means when you request a … [Read more...] about Due Diligence Tip #1 – Avoid Self-Directed IRA/401k Custodians

The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2

In the last post, you learned about how doing an active "entrepreneurship-ish" deal inside your IRA is an open invitation for the IRS to tax the hell out of you. In this post, you'll learn the solution. The solution is not to avoid doing active deals. The solution is not to stop pursuing … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2

The Most Elusive & Dangerous Self-Directed IRA Practice

There's something that most "successful" Self-Directed IRA investors do that can spin them out of control and get them into trouble. I say "successful" in quotation marks because I'm talking about the particular kind of Self-Directed IRA success that is sexy enough to be frequently written … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice