There’s a party being thrown in the US Tax code, and everyone’s invited. Yet millions of Americans decide to sit by and watch others take advantage of the invitation that’s been sent. Better than offshore accounts, tax havens exist right in your own home. Find out what Congress passed in 2001 and the IRS instituted
There’s a party being thrown in the US Tax code, and everyone’s invited. Yet millions of Americans decide to sit by and watch others take advantage of the invitation that’s been sent. Better than offshore accounts, tax havens exist right in your own home. Find out what Congress passed in 2001 and the IRS instituted in 2006 that can only be described as “Party Island”! The advent of the Roth provisions in the Individual or Solo 401K provide every person in the United States the ability to create tax free income for their lives, their children’s lives, and the generations that follow.Concise, and worded in easy-to-understand language, this book alerts the reader to the incredible structure available at their fingertips.Yes, it’s possible to live Tax Free Forever, given the current tax law. Find out how!
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Great book if you’re self-employed and qualify for a Solo 401k. Some minor points are out-dated. From the title and the first couple chapters, I thought it was going to be cheesy hype without much real info. But once I got farther into it, it actually has a ton of detailed practical info. There are also a lot of ideas that I haven’t seen explained anywhere else.On the down side, it was actually written in 2010 (despite what this page says about the publication date). So a few minor points are now outdated because of tax law changes, in particular the new expanded options you…
I’ll probably buy a Volume 2. Mr McDermott really seems to know his stuff, getting into some arcane details of tax law. His described method looks plausible, and doesn’t involve any flirting with the law. My only concern would be that his method depends heavily on how the tax and retirement plan laws are written right now; any significant changes in that could undermine his approach. For someone ready to keep up-to-date and adjust plans as the laws change, this seems like a great way to avoid or reduce taxes…
A must read for Solo 401k participants Having recently established a Solo 401k, this book provided a solid foundation on how to maximize the benefits of real estate investing within the plan. The author’s writing style makes the book an easy read, while offering practical knowledge that will allow any Solo 401K newbie to begin charting their course to retirement.