REI082: Secret Accounts of the Wealthy, that You Can Use Too w/ Bill Neville (Part 2)

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Business, Education, Investing

4.6 • 592 Ratings

🗓️ 9 August 2021

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Robert Leonard does a deep dive with Bill Neville in Part 2 of this two-part series all about self-directed IRAs (SDIRAs). They talk about how Peter Thiel amassed a 5-billion dollar fortune using a SDIRA, how to buy real estate properties using a SDIRA, the tax benefits of doing so, and much, much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:33 - If one receives tax benefits in the US when investing in real estate through a self-directed IRA. 04:47 - How to actually get the money out of SDIRAs and into one’s investments. 05:21 - If it’s possible for someone who already owns a real estate property to transfer it to their SDIRA. 07:11 - What Peter Thiel did to amass a fortune using a SDIRA. 26:27 - What all the different ways are to invest in real estate using a SDIRA. 27:25 - The process for acquisition if an SDIRA has enough money to buy a real estate property in cash. 28:19 - What the average closing period is for buying a real estate asset using a SDIRA. 30:01 - If it’s possible to leverage or use debt to buy real estate properties using a SDIRA. 36:20 - If using a SDIRA limit the type of property that can be bought and if investors are restricted to residential properties. 42:28 - If you can buy real estate internationally using a SDIRA. 43:38 - The process for raising money from outside investors that are leveraging their SDIRAs to buy real estate deals. 44:22 - What the best way is for a real estate investor who’s looking to raise capital for a deal to easily and effectively educate a third-party person, and how they can convert their other retirement accounts into a SDIRA to invest in real estate deals. 47:23 - What Unrelated Business Income Tax (UBIT) is and how it impacts investors who use a SDIRA to buy real estate. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get more FREE content from Robert. Self-Directed IRAs – The Basics Guide. 5 Steps to Investing in Real Estate with a Self-Directed IRA Guide. How to Invest in Real Estate with an IRA. Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank. Peter Thiel’s book Zero to One. Matt Faircloth’s book Raising Private Capital. Ramit Sethi’s book I Will Teach You To Be Rich. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Website | Instagram Connect with Bill: Website | Facebook | LinkedIn Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to TIP.
0:02.3	In this episode, we pick up where we left off from episode one of this two-part series.
0:07.5	If you haven't already listened to Part 1, I recommend you go back to last week's episode
0:12.2	and listen to that first before you start this one.
0:15.5	Before we get into this episode, I want to share some exciting news and an opportunity we have
0:20.2	available for you guys.
0:21.6	We're actually looking for a new podcast hosts.
0:24.7	Specifically, I'm looking for someone who wants to become a podcast host full-time with TIP.
0:32.0	You'd be working with me directly and hosting the Millennial Investing podcast.
0:37.0	It is a full-time role, but you're able to make
0:39.4	your own hours, work whenever you want from wherever you want. If you're interested in applying,
0:45.6	please send your resume via email to Robert at theinvestorspodcast.com, or you can DM me on Twitter or Instagram for more information.
0:56.7	And you can connect with me on Twitter and Instagram at The Robert Leonard.
1:01.4	I hope you guys enjoyed part one of this two-part series as much as I did. Let's dive right into
1:06.8	part two now.
1:11.3	You're listening to Real Estate Investing by the Investors Podcast Network,
1:15.8	where your host, Robert Leonard, interview successful investors from various real estate
1:20.8	investing niches to help educate you on your real estate investing journey.
1:33.1	Thank you. real estate investing journey. I'm not going to get into the details of a tax strategy, of this specific tax strategy,
1:37.7	but there is a tax strategy where you, in one year, you set up a traditional IRA or
1:43.4	retirement account, and then in future years,
1:45.4	you then roll that over or transition that into a Roth.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Investor's Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.