Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Welcome to Passive Real Estate Investing.

I'm your host, Marco Santorelli.

Today we're going to talk a little bit about self-directed retirement accounts. And this is something that a lot of people are not

too familiar about and with my guest we're going to talk a little bit about the

benefits of them how to utilize them how you can take advantage of expanding or growing your portfolio using a

self-directed retirement account, and a little bit about diversification because

we want to kind of marry those two topics.

A self-directed retirement account is really not different than any other retirement account or IRA.

In fact, legally speaking, according to IRS regulations, you can self-direct virtually any retirement

account and what you can put into a retirement account is almost limitless. There are few exceptions. But many IRA

custodians only allow investing in certain things like stocks and bonds, mutual funds,

and CDs. But a self-directed IRA custodian and in other types of assets like real estate notes private placements and businesses

tax lien certificates and a whole lot more and when you think about about the

potential benefits of a self-directed IRA, it's kind of limitless because you can tap into dollars that are pre-tax dollars, depending on the type of retirement account you're talking about,

and allow the power of compounding,

if you understand how compounding works,

but allow the power of compounding to work for you

because you are utilizing 100% of your contributions, I was going to say income,

but it's essentially your contributions, which are before tax, to work for you instead of putting in after tax dollars.

Now there are different types of retirement accounts of course and those work a little differently.

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