Tag Archives: Solo 401k

Solo 401k Promissory Note Reconveyance / Foreclosed Note

BACKGROUND & QUESTION: Our solo 401K just foreclosed on a note and today got back the (fixer upper) property at the Trustee’s Sale, as no 3rd party bidders made a bid at today’s auction. Can we legally sell this new REO property (owned by the solo 401k) to ourselves for a penny over the minimum […]

The Self-Directed IRA LLC Promissory Note Investment Do’s and Don’ts

Next to investing in real estate through a self-directed IRA LLC, investing in promissory notes is also a very popular self-directed IRA LLC investment.  We have put together the following guide for review prior to investing your self-directed IRA LLC in promissory notes investments. Video Slides: The Self-Directed IRA LLC Promissory Note Investment Do’s and […]

ErisX Review – How to Invest a Self-Directed IRA LLC in Cryptocurrency with ErisX

Learn how to Open a cryptocurrency account for your Self-Directed IRA LLC at ErisX. Please check out our Webinar with John Denza, Chief Commercial Officer @ ErisX where we reviewed the benefits and features of the ErisX cryptocurrency exchange as well the steps required to open an ErisX account for your Self-directed IRA LLC to invest […]

Full In-Plan Roth Solo 401k Conversion of Real Estate Held in Pretax Solo 401k Account

After verifying with your solo 401k plan provider that the plan allows for in-plan conversions, the next step is to convert the real-estate property held in the pretax portion of the solo 401k to the Roth solo 401k (Roth designated account). Here are the typical steps that apply to an in-kind, in-plan conversion of a […]

The Enhancing Emergency and Retirement Savings Act Would Allow for Penalty-Free “emergency Distribution” option from Solo 401k Plans and Self-Directed IRAs

On June 1, 2021 a proposed bill (The Enhancing Emergency and Retirement Savings Act) was introduced by by Senator James Lankford (R-OK) and Michael Bennet (D-CO). The proposed bill would provide a penalty-free “emergency distribution” option from employer-sponsored retirement accounts (e.g., solo 401k) and IRAs (e.g.., self-directed IRA). The main purpose of the bill is […]