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

Millennial Investing - The Investor’s Podcast Network

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.

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