4.3 • 602 Ratings
🗓️ 29 July 2016
⏱️ 41 minutes
🔗️ Recording | iTunes | RSS
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#94: Self-Directed IRAs and Checkbook IRAs potentially enable you to invest your IRA funds into income real estate, coffee farms, a vacation home, gold, a business, and more.
But there are rules to follow.
Today’s guest made an educational video to help you learn about this: www.premierlawgroup.net/gre
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Listen to this week’s show and learn:
01:52  Your Individual Retirement Account (IRA) doesn’t have to be invested in mutual funds.
03:47  Even if you don’t own an IRA, you want to know this in case you aggregate other investors’ money.
05:20 Â Right after college, Keith admits he actually used to think it was smart to invest in 401(k)s and IRAs. Once enlightened, he tore it down.
07:23 Â Keith tells you who his Self-Directed IRA custodian is.
12:52 Â Mauricio Rauld Interview.
14:27 Â What is a Self-Directed IRA (SDIRA)?
16:17  With a SDIRA, what can you invest in? What’s prohibited?
20:08 Â Checkbook IRAs.
21:40 Â What a custodian does. What your limitations are.
24:28 Â Liquidity - how fast can you use your IRA funds?
25:42  Planning. It’s often best to fund your SDIRA with one larger lump sum.
27:11 Â Real estate leverage and a SDIRA.
29:53 Â LLC protection with Checkbook IRAs.
31:05 Â One option is to just dismantle your IRA.
32:40 Â Traditional vs. Roth IRAs.
35:00 Â How you actually set up a SDIRA / Checkbook IRA.
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Resources Mentioned:
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0:00.0 | Get Rich Education is brought to by Norad of Real Estate, Corporate Direct, and Mid-South Homebuyers. |
0:08.4 | Garrett Sutton here, Robert Kiyosaki's Aset Plotection Attorney and the author of Loopholes of Real Estate. |
0:14.6 | As an American or foreign-based investor in U.S. real estate, you know we are a litigious society. |
0:22.2 | You know that you need to protect your real estate and paper asset holdings with the right mix of LLCs and corporations. |
0:28.6 | My firm Corporate Direct not only forms these entities, but importantly, we properly maintain them, too. |
0:35.4 | If you fail to follow the corporate formalities, you can lose it all in an instant. |
0:40.7 | Corporate Direct is your source for LLC protection and maintenance in all 50 states. |
0:47.0 | Visit CorporateDirect.com or call 800, 600, 1760. |
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1:00.8 | We look forward to assisting you at CorporateDirect.com. |
1:09.0 | Welcome to Get Rich Education with Keith Weinhold, giving you information and ideas on the investment that has turned more ordinary people into millionaires and billionaires than anything else, and can provide you with more wealth and happiness than you ever thought possible. |
1:30.1 | Now, here's your host, investor, |
1:40.9 | entrepreneur, business owner, and educator, Keith Weinhold. Welcome to Get Rich Education. This is episode 94. I'm your host, Keith Weinhold. You are joining me from one of |
1:46.0 | 166 world nations. Thanks for being here, but as always, you're not here for me. You're here for |
1:52.5 | you. There's really nothing preventing you from investing your individual retirement account |
1:58.6 | into investment real estate or a vacation home or precious |
2:03.0 | metals or a business. Yes, that sounds exciting, but there are some limits and we're going to |
2:08.9 | discuss what you can and cannot invest your IRA into. Most people think that their retirement account, |
2:16.7 | you know, they think it has to be invested according to their company's plan. |
2:21.2 | Okay, and that might be true if you have a 401k or a 403B or a 457 plan and that particular employer limits what you can invest in. |
... |
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