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Passive Real Estate Investing

How To Build Tax-Free Wealth Using A Self-Directed IRA (Part 2) | PREI 246

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Business:investing, Education, How To, Investing, Business, Entrepreneurship

4.6968 Ratings

🗓️ 3 June 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

A self-directed IRA is a form of individual retirement account that is designed to allow investors to diversify their retirement assets, including cash, beyond what is typically offered by many brokerage firms. The advantage of that are that you can increase the potential for growth by giving you the freedom to invest in almost any type of asset. In the second half of a two-part series, Marco Santarelli continues his conversation with Glen Mather, the President and CEO of NuView Trust Company, about building tax-free wealth using self-directed IRAs. Stay tuned to this episode and start taking control of your financial future! Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income

0:07.0

while creating wealth for the long term. And now here's your host, Marco Santorelli.

0:13.4

Welcome to Passive Real Estate Investing.

0:16.2

I'm your host, Marco Santorelli, and this is part two of how to build tax-free

0:20.3

wealth using a self-directed IRA. This is my interview with Glenn Mather and the

0:26.0

episode went rather long when I was recording with Glenn and I just decided to chop it up

0:30.9

into two quick 30 minute episodes and so this is part two of that

0:34.8

first episode so if you haven't heard the first one just go back to the previous

0:38.8

episode and listen to that again what we're talking about is just how to grow your wealth in a tax-deferred or tax-free basis.

0:46.0

And you can do this through a self-directed retirement account, what we refer to loosely as self-directed

0:51.2

IRAs. And there are several different kinds as you have learned from

0:56.0

Glenn in the previous episode. But the bottom line is just to help you gain control of your

1:00.6

capital, grow it as fast as you can, diversify within your portfolio,

1:05.0

have control of your financial future, and take advantage of the tax-advantaged accounts that

1:10.6

are laid out by the IRS using these particular vehicles and that again

1:15.4

allows you to either defer your taxes or grow your taxes tax-free and take them out

1:19.2

later so you can pay your taxes one way or another either up front or down the road.

1:24.8

But anyway the episode is filled with valuable information so pay attention gather what

1:29.6

you can listen to it twice and just recognize how you can start and grow and leverage your retirement savings.

1:36.0

So here we go with the continuation of my interview with Glen Mather.

1:40.0

Here's what I like. I mean you're right. I mean because the 1031 exchange you have to

1:45.4

hop through a lot of hoops right and you got to find an exchange person and go through

...

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