Disclaimer – Broad Financial LLC does not provide legal, tax, or investment advice. Please consult with your tax or legal advisor before making investment decisions.
Thanks for your inquiry looking for information about our self-directed IRA. If it is not too much, please confirm that you received this.Below is a great summary and attached are supporting attachments to review The Ultimate IRA Trust®.Can I ask what you are looking to invest in? Either way, feel free to set up a […]
Key Points UBIT (Unrelated Business Income Tax) is a tax charged from running an active business out of your tax-advantaged retirement account. To determine if UBIT applies to your investment consider asking: (1) Is the income received active? and (2) Was the investment leveraged with debt? To file for UBIT on your tax return, complete […]
After researching and deliberating, you’ve decided you want to invest your IRA money into bitcoin. That’s great to hear, but have you considered doing so in a Roth IRA? Most people have heard of the Roth, but fewer know what it is. In short, there are two types of IRAs. The first is a traditional IRA. […]
A self-employed 401(k) is an investment option that helps the self-employed individual save for retirement. This type of plan may also be called an individual 401(k), solo 401(k), solo k, or uni-k. Self-employed 401(k) plans are available as both Traditional and Roth IRAs. Is a Self-Employed 401(k) Right for Me? A self-employed 401(k) is a […]
Take advantage of Broad Financial’s Complimentary Expedited Processing promotion! Pay in full when setting up your account and enjoy the following benefits: Receive “Rush Service” in the creation of your IRA LLC as well as overnight delivery service of your informational binder. Rush Service means that Broad Financial will initiate the creation of your IRA […]
Summary and Key Points There are both pros and cons to investing in real estate with a Self Directed IRA. Pros include asset control, better diversification, and potentially high ROI. Cons include liquidity concerns, time commitment, and loss of property tax benefits. For any real estate investment, calculating the various profit scenarios will help determine […]
Tax season is in full swing, and the deadline is swiftly approaching. As you begin to finalize your filings, we compiled a few important IRS tax tips and reminders that may affect your tax preparation. If you’re interested in learning more, feel free to check out the IRS Newsroom and IRS Tax Tip Archive. IRS […]
