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Hi, I’m looking for a CPA that’s familiar with solo 401 (k)
Hi, I’m looking for a CPA that’s familiar with cost segregation and solo 401 (k) residential investing.
I’m in the S. Florida area. Preferably someone that’s accepting new clients. Thank you in advance!
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Dmitriy Fomichenko
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Tax & Financial Services
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
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- Anaheim Hills, CA
You are correct, in some instances a return and payment of taxes may be required when investing using 401k. This would be the case if there is an "active" income from a business activity. All passive income from passive investments will be sheltered from taxes, which is how the 401k was designed to invest: passively.