Solo 401(k)'s
I think a lot of us would agree that in the interest of diversification, in addition to real estate, it's probably a good idea to invest your money in something with more liquidity. In my case, my employer doesn't offer a retirement plan, so I have an IRA. But as I get more involved in real estate and am setting up LLC's, I'm starting to look at some other types of retirement plans.
My question is do any of you use a Solo 401(k)? I still don't know a great deal about it, but it seems like a great option for those of us in real estate. The "employee" can contribute up to $12k. And the "employer" can contribute up to 25% of the employee's annual salary, with a maximum contribution of $40k. That's a whole lot of tax savings.
What do you all think? Experiences, views, etc., all appreciated. 
[addsig]
alexlev,
I don't know much about Solo 401(k), but if you are looking for a retirement fund that you can choose the investments, then you might want to consider a Self-directed IRA. A self-directed IRA is an IRA where you decided how your money is being invested. You can get a self-directed real estate IRA in which you can use the money in your IRA to buy real estate. Any proceeds from the sale or any rental income gained must be put back into your IRA. You can do a search online for "self directed IRA". One company is Mid Ohio Securities, which actually changed to Equity Trust Co. They have a new self directed Solo 401(k). You can read up on it and see if it's what your looking for and which is better for your situation the IRA or 401(k).
Tanya
[ Edited by tanya1215 on Date 12/06/2003 ][ Edited by tanya1215 on Date 12/06/2003 ]
I buy discounted notes in my self directed 401k plan. Owning actual properties in a 401k can be done but has a lot of restrictions.