12: How to Borrow Money Inside Your IRA with Non-Recourse Loans

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4 • 584 Ratings

🗓️ 24 September 2014

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mat Sorensen will be hosting a discussion on the proper ways to purchase property with your IRA and borrow money at the same time. Join him with Mat Allen, author of "IRA Lending" and senior loan officer at North American Savings Bank (www.nasb.com). YES - you can leverage your IRA, 401k, SEP, SIMPLE, ROTH, and HSA using non-recourse loans. Learn how to do it and not commit a Prohibited Transaction. For more information about the Show and Mat and Mark, visit www.refreshyourwealth.com. Grab my...

Transcript

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0:00.0	Broadcasting worldwide on Internet Radio.
0:07.6	Refreshing takes on legal strategies.
0:10.1	Straightforward answers to difficult tax questions.
0:13.2	Independent ideas on building wealth.
0:15.7	The Refresher Wealth Show with Mark Kohler and Matt Sorensen.
0:19.4	Previously recorded with Mark as the host of the Mark Kohler Show.
0:23.0	Enjoy this fresh take on strategies to better live the American dream.
0:54.4	Thank you. Hello, everyone, this is Matt Sornson today. I'm going to be your guest host. This is the Mark Kohler show. Thanks for being with us today.
0:55.8	Mark Kohler is away.
0:57.9	He is speaking in New York City.
1:05.7	And I get the pleasure of being the substitute teacher slash guest host for today.
1:16.6	So I'm excited for the topic today, something I'm very interested in. I know a lot of my clients are interested in towards the bottom half of the hour here. Maybe a little bit before that we'll be talking about how to borrow money inside your IRA with non-recourse loans.
1:23.6	And this is essentially talking about how you can leverage your retirement plan with debt.
1:29.9	An important topic, good strategy to know, important to understand some of the ramifications and how things work.
1:37.7	Just a few announcements before we get into the show, though, I just wanted to point out a few things to keep in mind.
1:46.0	And we'll also have our regular tax tips as we do as part of the show. As we're going through today's show, if you
1:52.6	do want to call in, you can call 646-200-4-285, 646-20-200-4-485.
2:03.4	And we will take live callers during the show if you do have questions.
2:07.6	We so will take your call and then let me know you're on the line,
2:11.2	and I will try and bring those in as we go through the content today.
2:15.9	If you'd like to email a question during today's show,
2:19.5	you can email me at Matt, M-A-T-K-O-S-Loyers.com.
	...

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