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Learn how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.

Jul 30, 2020

They say there are two inevitabilities in this life: Death and Taxes. We won’t tell you that you can completely avoid taxes, but you can minimize them with the right strategies and there are some cases where you can avoid taxes all together. The Self-Directed IRA is our topic for tonight and in a few moments we are going to show you how you can make a million dollars or even more in your Self-Directed IRA and not pay taxes. Mike Ventry is joining us. He is the Director of Business Development for American IRA, one of our sponsors. We are joining the call in just a moment and will proceed with limited commercial interruption as we cover this important topic. 

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Sponsors

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFinancial

Bay Mountain Capital, lending in the southeastern region

FlipStarter Online! www.flipstarteronline.com

The online course “Show Me the Money” bit.ly/dealfundingcourse 56firedome

Coaching Course: Six Months, begins July 8, reg $5967, use code hopflipjump for 50% off for a limited time. 

Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
  • “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

Topic: Investing with Your Self-Directed IRA

News:

Motivational Thoughts for the day

“One of the secrets of growing wealth is compounding interest. With a Roth IRA, you can compound the return on the money that would have otherwise been sent to the IRS. This is brilliance.”

– Roger Blankenship