Establish Solo 401k in Miami Florida
| Methods of Investing Solo 401k in Miami Florida Real Estate | Self-Directed
Solo 401k for Florida Real Estate
I have finally reached the point where I no longer wish to
continue to only invest my Solo 401k, which I opened at my local Fidelity branch
here in Miami Florida, in just stocks and mutual funds. I’m ready to venture off and open Solo 401k with a solo 401k provider that will allow me to have access
to checkbook control Solo 401k so that I can immediately start investing my
solo 401k in Miami Florida real estate, especially now that prices are rapidly
rising resulting from the influx of real estate investors from Brazil, Russia,
and other emerging markets.
The good news is that there are many Solo 401k providers that offer Solo 401k with checkbook control
for investing in real estate, and various methods can be incorporated for
investing your Solo 401k in Miami FL real estate, which are:
Method 1: Purchasing
Miami Florida Real Estate with Self-Directed Solo 401k
Solo 401k invests in real estate directly. Specifically, the
real estate purchase documents including the warranty deed is recorded in the
Solo 401k plan’s name. Visit purchasing real estate to read detailed procedure on investing in real estate with
Solo 401k.
Method 2: Purchasing
Miami Florida Real Estate with Self-Directed Solo 401k
Solo 401k invests along with other investors in a private
company (e.g., Miami Florida Real Estate Limited Partnership), with the limited partnership investing in
real estate. Therefore the Solo 401k does not own the real estate directly but,
instead, a portion of the Limited Partnership. Note that the Solo 401k cannot own
50% or more of the limited partnership in accordance with the Solo 401k
prohibited transaction rules. Visit investing
in private placement with Solo 401k to view detailed procedure for investing in
private placements with Solo 401k.
No comments:
Post a Comment