Submitted by Chris Moss CPA A self-directed IRA is just what the name implies, you as the investment manager of the IRA determine the investment strategy for the funds. When will you most likely benefit from a self-directed IRA? Perhaps you are 50 yrs. old and just left a job where you and have a 401 K …
Category: Retirement
Jun 01
IRA to ROTH?
I have a very simple mantra when it comes to paying taxes: If you can chose to pay tax now or later, always choose later. For example, if you own a rental property with a low basis, take advantage of Section 1031 and transfer the potential tax liability to an unknown future date by exchanging …