QRP & Solo 401k Contribution Deadlines
Note: 401k Plan documents are due for complete restatement. Please be sure to read the info about this by scrolling to the bottom of this page.
Checkbook Solo 401K and Checkbook SEP-IRA Contribution Deadline. The deadline for contributions to Self-Directed Solo 401(k) Plans and Self-Directed SEP-IRAs is the tax return due date of the business sponsoring the plan, including extensions.
- The contribution deadlines depend on the type of business that sponsored the plan – sole proprietorship, partnership, S-corporation, C-corporation, or LLC taxed as any of the foregoing – and whether you timely file for a tax return filing extension.
- Filing extensions are especially helpful for those that want to make 2021 contributions, but don’t yet have funds available to do so by the initial required filing date. Continue reading “Checkbook Solo 401k-QRP: 2021 Year End Maintenance”
Tax Free Real Estate Investing With Self-Directed Retirement Accounts: SDIRA, QRP & 401k
Did you know that you can use a Traditional IRA and Roth IRA to invest in real estate tax free? Do you know the difference between a Traditional IRA and Roth IRA? In this post you’ll get an overview of these accounts and how you can use a self-directed IRA with checkbook control for real estate investing. Continue reading “How To Invest In Real Estate With SDIRAs and Checkbook Control”
In this post, we focus on CARES Act implications & strategy for tax-favored self-directed retirement accounts
: Individual Retirement Arrangements (IRA)
, Qualified Retirement Plans (QRP)
, Self-Directed IRAs (SDIRA)
, Solo 401k
, Employer 401k plans
& many other QRPs.
The CARES Act, short for Coronavirus Aid, Relief, and Economic Security Act, is a massive $2,000,000,000,000+ tax and spending package signed by President Trump on March 27, 2020. The CARES Act includes many forms of financial relief for businesses and individuals. Continue reading “CARES Act for Self-Directed Financial Investors: QRP, SDIRA, & Solo 401k”
eQRP® – a marketing term registered to Total Control Financial, LLC – and QRP have generated excitement and interest within the self-directed investor community. From crypto-enthusiasts, gold & silver precious metals investors, and tax lien & deed buyers to real estate syndicators, QRP as an alternative to SDIRA and Solo 401k, is creating incredible buzz. But, there appears to be extensive misunderstanding of QRPs
, so we’re setting the record straight for investors that want total financial control and IRS compliance.
For expert analysis, review, and FAQ about QRP, QRP-LLC, Solo QRP, Solo 401k, SDIRA, & Checkbook Control read on. Continue reading “EQRP® & QRP: What Are EQRP®, QRP, Solo 401k & SDIRA?”
Did you know that you can use a Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, or HSA to invest in real estate tax free? Do you know the difference between a Traditional IRA and Roth IRA? In this post you’ll get an overview of these accounts and how you can use a self-directed IRA with checkbook control for real estate investing.
What is NOT a Self-Directed IRA?
Continue reading “How To Invest In Real Estate With Self-Directed IRAs and Checkbook Control”
Checkbook 401k plans, Checkbook IRAs, Checkbook QRPs and other self-directed retirement accounts that allow real estate investing
with tax advantaged funds should be part of every real estate agent’s financial plan. This article will introduce the fundamentals of such accounts and the opportunities they present for those that have an insider’s view of the real estate market.
What Are Self-Directed Retirement Accounts?
Self-directed retirement accounts, which can be in the form of IRAs or Qualified Plans, allow you to use retirement money for non-traditional investments and retain all the tax benefits of those vehicles. Real estate investing is by far the most popular investment for such accounts, with other common assets being real estate secured private loans, private loans, hard money loans, mortgage notes, and tax liens – all of which are forms of income generation from real property. Continue reading “Self-Directed Real Estate Retirement Accounts For Real Estate Agents”
Why Is A Checkbook Solo 401k The Best Retirement Plan For Real Estate Professionals?
Checkbook Solo 401k retirement plans, a type of Checkbook QRP for businesses owners that don’t have full-time employees, are the ideal tax advantaged account for real estate professionals: real estate agents, mortgage brokers, real estate wholesalers, and real estate flippers.
Real estate professionals have self-employment income and KNOW REAL ESTATE, making the Checkbook 401k the perfect plan for them. In the post, we’ll present some of the benefits of a Checkbook Control 401k and some Checkbook 401K advanced tax & investing strategies. Continue reading “Checkbook Solo 401k Plans For Real Estate Professionals”