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Updated over 3 years ago on .
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- Investor
- Greer, SC
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Real Estate Professional no W-2 and IRA contributions
I have no W-2 job, can I still contribute to my E*TRADE Roth IRA account
Situation:
I self-manage my LTR portfolio
I self-manage my STR property that is an hour away.
I buy tax liens at auction every year.
I have flipped at least one property per year, but not sure that will happen every year.
I am a RE professional
I also have a Solo401k, but I only contribute to it prom proceeds of a flip.
So can I still contribute to a standard Roth IRA without a w-2 job?
Most Popular Reply

- Tax Accountant / Enrolled Agent
- Houston, TX
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You can structure it to generate earned income via a separate property management company. The tradeoff is that you will trigger a 15% self-employment tax on this income.