Did you decide to create a few goals or “resolutions” to follow for the New Year? Did those resolutions also include your financial well-being and investment goals for 2020? It’s easy to just jump on the personal health bandwagon. Eat less carbs, go to the gym more and lose 10 pounds. Maybe this year you should try to do something different. We have put together a few questions and ideas to help spur you on to your journey to achieve those investment goals, whether it’s with Trust Deed investments with Ignite Funding or any other investment opportunities you may have in 2020.
Tax season is upon us and we know that making sure you gather all the necessary documentation for proper and timely filing can be a stressful and sometimes confusing process. To help mitigate some of the confusion, we want to make sure you are prepared for what type of tax documents you should expect to receive directly from Ignite Funding, if any. The tax documents you receive is determined by the account type that you invest with and if any of your investments have experienced a foreclosure. Below are some of the frequently asked questions we receive each tax season. If you can’t find an answer to one of your own questions below, please reach out to your Investment Representative for additional clarification.
Here at Ignite Funding we offer passive real estate investments that earn investors a 10%-12% annualized fixed income. All you have to do is choose an investment, fill-out some paperwork and send in your funds. Now you can sit back and enjoy your returns, but for Ignite Funding, the work carries on. Today we are giving you a behind the scenes look with Pat Vassar, Director of Underwriting, to see some of what Ignite Funding does in its daily operations to keep these investments passive for its investors.
What exactly is a Solo 401(K) and who qualifies for this type of plan? This plan is exclusively for business owners that have no other full-time employees besides the owner and their spouse. It offers greater flexibility in investment options than your standard employer 401(K), including alternative investments, and greater contribution potential. Businesses that can participate include S-Corps, LLCs, sole proprietorships, partnerships, and C-Corps. This also includes contract work for businesses like Uber, Lift, Doordash and Postmates, even if it is just a “side hustle” you can utilize this type of plan.