Year End Things To Do
John Hyre here. Sorry I have “gone dark” for the last 45 or so days. The usual pile up of year-end work (i.e. – procrastinating entrepreneurs planning at the last minute kills my schedule every November & December)… Continue reading
NEW LAWS WILL PUT TENS OF THOUSANDS OF DOLLARS IN THE POCKETS OF SAVVY INVESTORS
Your Tax Attorney has been busy this December. In addition to the usual year-end planning madness, I have been up late reading the actual text of the new tax law. Hundreds of pages, some traps, and lots of… Continue reading
My Roth 401k Bought A Land Contract
Your Tax Attorney’s Most Recent Deal in His 401k: Bought a Land Contract
My Roth 401k bought a land contract in late August of 2017. I found the deal because I speak nationwide on taxation of real… Continue reading
Recent Interview with Vena Jones-Cox’s Office
In this clip, We went through some recent deals trends in SDIRA’s as well as an hour of Q&A from the audience.
(Click the Play button below)
Self-Directed IRA Workshop
Self-Directed IRA Workshop
Tampa, Florida (February 3rd & 4th)
Click here to purchase your ticket.
Mitt Romney ballooned his IRA to $100 million. We’ll Show You How He Did It.
“In the wake of… Continue reading
IRS Gets Its Wings Clipped on Roth IRA’s and “Substance Over Form” Doctrine
The 6th Circuit recently released a case that is good news for taxpayers on several levels. In Summa Holdings, the Court ruled that a Roth-IRA-owned Corporation to which the Roth owner fed business and used to stuff his Roth IRA… Continue reading
Real estate entrepreneur pays obscene taxes after typical “Checkbook LLC” arrangement blows up; some notes on “dealer” status & other flipper tax issues
Quick Synopsis
An engineer from Phoenix made a living doing “Phase I” and similar types of environmental impact reports for purchasers of commercial properties. When the 2008 crash came, his business declined. He started flipping properties and did quite well… Continue reading
Service Providers Can & Will Destroy Your IRA
I have started to notice a disturbing pattern: Service providers destroying their clients’ IRA’s. Nothing speaks like examples, I shall provide two that I have seen in the last year. I have edited the facts for the sake of privacy.… Continue reading
The Thiessen Tax Court Case – Loan Guarantees = Prohibited Transactions & Other Lessons
The basic lesson:
Do not guarantee loans for your IRA, or for any entity owned by your IRA. A corollary would be: Do not use IRA property to secure a personal loan. Get qualified, objective help when entering into IRA… Continue reading
