A Self Directed IRA is a versatile tool to invest in a REIT (Real Estate Investment Trust). With it the account holder will get tax-advantaged growth, the freedom to invest in any kind of REIT, and the ability to self-manage the account. Previously we have discussed different kinds of REITS and choosing the most appropriate […]
What does the Annual Compliance fee include? Do I need to update my Plan? Yes, you do. All Qualified Retirement Plans must be updated on a regular basis. This is because the lawmakers in Washington are constantly changing retirement law. The Plan Amendments that we send you keep your Solo 401k Plan compliant with the […]
Would you rather make some money from your investment, or make more money from your investment? Of course, the choice is quite obvious for any rational person. Unfortunately, accomplishing the second option isn’t the easiest task for many investors. For Mark Richardson, the subject of this Success Story, discovering Broad Financial was all he needed to do. “Finding (Broad […]
Before we answer the question “what is a Solo 401(k)”, let’s first discuss the structure of a standard 401(k). The Standard 401(k) Plan A 401(k) is a retirement plan (based on a section of the Internal Revenue Code) which allows an individual to dedicate income towards retirement. When the funds are designated as such, they […]
Wholesaling is one way to invest in real estate if you don’t have a lot of money and want to avoid the risks involved in house flipping. You can earn a solid return on a real estate investment without actually owning the property. Wholesaling involves specific strategies, knowledge of the market and optimum timing. Once you’ve mastered […]
Welcome to Broad Financial. Now that you have received your Solo 401k or IRA LLC binder, the next step is for you to open a checking account to hold your retirement funds. You can either go to a local bank to open the checking account, or you can open a checking account with TD Ameritrade, […]
Don’t Put Yourself at a Disadvantage There are many Self-Directed IRA companies out there that don’t additionally offer a Checkbook plan as an option. This can lead you to be saddled with a plan that is not the best fit for you based on the type of alternative investments in which you are involved. Though […]
By Gregg Cohen, Founder of JWB Real Estate Capital While the thought of a new construction rental may not be your stereotypical rental investment, it’s become a top method many investors have been exploring. Surprised? Let’s talk about why. For years it just didn’t make sense to build new construction rental properties. The numbers only […]
