REI082: Secret Accounts of the Wealthy, that You Can Use Too w/ Bill Neville (Part 2)
Millennial Investing - The Investor’s Podcast Network
Shownotes Transcript
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
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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).
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).
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