<p>📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master</p><br><p>🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club</p><br><p>In this episode, we delve into how new investors can unlock their retirement funds through self-directed IRAs and Solo 401ks. Learn about the transformation process, the role of custodians, and the potential to invest in real estate or other alternative investments. Our guest, Ted Damp from Advanta IRA, shares his expertise on unique investment strategies, partnering, commingling funds, and navigating IRS rules. We also discuss prohibited investments, transactions, and the unrelated business income tax (UBIT). Discover how to avoid common pitfalls, diversify your portfolio, and leverage your retirement funds effectively. Visit WealthElevator.com for more resources, including event information and vendor referrals.</p><br><p>00:00 Unlocking Your 401k and IRA Funds</p><p>01:05 Introduction to Self-Directed IRAs</p><p>01:48 Meet Ted from Advanta IRA</p><p>02:27 Understanding Partnering and Co-Mingling Funds</p><p>05:41 Basic Rules and Prohibited Transactions</p><p>09:21 Real-Life Self-Directed IRA Experiences</p><p>13:36 Disqualified Persons and Entities</p><p>23:45 Case Study: Partnering on a Real Estate Deal</p><p>28:43 IRA Ownership and Expense Sharing</p><p>29:25 Rules on Percentage Ownership</p><p>30:36 Co-Mingling Funds for Investments</p><p>32:59 Non-Recourse Loans Explained</p><p>37:51 Partnering and Co-Mingling in Real Estate</p><p>44:14 Alternative Investments and Syndications</p><p>51:26 Final Thoughts and Contact Information</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Lane Kawaoka, PE

Jailbreaking you 401k: Investing Through Self-Directed IRAs & Solo 401ks

NOV 18, 202554 MIN
The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Jailbreaking you 401k: Investing Through Self-Directed IRAs & Solo 401ks

NOV 18, 202554 MIN

Description

<p>📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/master</p><br><p>🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club</p><br><p>In this episode, we delve into how new investors can unlock their retirement funds through self-directed IRAs and Solo 401ks. Learn about the transformation process, the role of custodians, and the potential to invest in real estate or other alternative investments. Our guest, Ted Damp from Advanta IRA, shares his expertise on unique investment strategies, partnering, commingling funds, and navigating IRS rules. We also discuss prohibited investments, transactions, and the unrelated business income tax (UBIT). Discover how to avoid common pitfalls, diversify your portfolio, and leverage your retirement funds effectively. Visit WealthElevator.com for more resources, including event information and vendor referrals.</p><br><p>00:00 Unlocking Your 401k and IRA Funds</p><p>01:05 Introduction to Self-Directed IRAs</p><p>01:48 Meet Ted from Advanta IRA</p><p>02:27 Understanding Partnering and Co-Mingling Funds</p><p>05:41 Basic Rules and Prohibited Transactions</p><p>09:21 Real-Life Self-Directed IRA Experiences</p><p>13:36 Disqualified Persons and Entities</p><p>23:45 Case Study: Partnering on a Real Estate Deal</p><p>28:43 IRA Ownership and Expense Sharing</p><p>29:25 Rules on Percentage Ownership</p><p>30:36 Co-Mingling Funds for Investments</p><p>32:59 Non-Recourse Loans Explained</p><p>37:51 Partnering and Co-Mingling in Real Estate</p><p>44:14 Alternative Investments and Syndications</p><p>51:26 Final Thoughts and Contact Information</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>