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The Best Ever CRE Show

JF1642: Leveraging Self Directed IRA’s For Real Estate Investments & Paying Minimal Taxes with Edwin Kelly

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7996 Ratings

🗓️ 2 March 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

Many people would like a way to invest in real estate and pay less taxes. Well what a lot of people may not know, is that they may have the capital available to do this, they just have to move it around, get it into a self directed IRA, and have some professional guidance. Listen in for tips on executing this strategy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “South Dakota and New Mexico are the best states to get a license in” - Edwin Kelly Edwin Kelly Real Estate Background: Expert on Self Directed Retirement accounts and self-directed investment strategies CEO and Co-Founder of Specialized IRA Services He has more than 24 years of experience in the Financial Services Industry Based in Albuquerque, NM Say hi to him at https://specializediraservices.com/ Best Ever Book: Losing My Virginity by Richard Branson Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.0

InvestHERCON is not just another real estate conference.

0:27.0

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-G-O-K-K-O-K-O-K-O-Kom,

1:00.6

Prom best ever to get $100 off your ticket.

1:05.0

Of those three places that you could buy real estate, and you know ahead of time where you want to buy it.

1:10.0

The key is to put the correct buyer on the purchase contract and you eliminate 90% of the mistakes that investors make.

1:19.0

It's that time of year again, tax season, done on and done. How are you doing on tax season? How's that treating you so far?

1:26.0

Well, if you have a lot of receipts and you're organizing things like your income and expenses

1:31.0

and creating reports and you're also trying to keep up the date with a new tax reform this year.

1:36.2

There's a lot of deductions that we can take to maximize return and there's a lot of strategies that we need to make sure we're aware of

1:44.8

are you optimizing for the tax loss? Well our sponsor Stessa teamed up with the top

1:50.5

real estate CPA's to offer you the ultimate rental property tax guide.

1:55.8

And I've read it.

1:57.3

This is the ultimate rental property tax guide.

2:00.1

I'm talking about they've got everything covered from opportunity zones to entity selection to establishing a home office

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