Thinking Like a Bank

Episode 69: Avoid Taxes Using these Vehicles with Carl Fischer


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Carl Fischer graduated from Cornell University and is a third-generation real estate developer. Carl began his investing career in the 1970s  when he was employed as a rocket scientist  at Kennedy Space Center in Florida.

Carl is one of the founders and principals in CAMA Self Directed IRA,  LLC (dba CamaPlan) founded in 2004. CamaPlan is a national company located in Ambler, PA.  Carl has implemented plans and managed millions of dollars in real estate transactions. His real estate investments include commercial and residential properties, including real property, notes, and mortgages.

He’s been able to increase his net worth using self-directed tools, such as self directed IRAs. This has led to tax free income as well as tax free profits from real estate deals and private placements.  In addition to his hands-on experience, he has spoken to many groups including real estate investors and brokers, CPAs, financial advisors, attorneys, and mortgage professionals about the power and possibilities of IRA, 401k, and qualified plan self-directed plans. He provides continuing education credits for both nationally and state-specific attorneys, accountants, realtors, and appraisers.

This episode talks about:

  • ​Carl’s journey to creating a Self-Directed IRA company
  • Types of Alternative Investments that can be used inside of Self-Directed IRAs
  • Can you use a self-directed IRA to invest passively in real estate?
  • IRA loans? What is a  Nonrecourse loan?
  • What is Unrelated business income taxes (UBIT)?
  • What triggers UBIT?
  • Interest rates on IRA loans?
  • Can you leverage your self-directed IRA to loan money to others (also known as Private Money Lending)?
  • How to avoid/mitigate some risks of using a SDIRA
  • Can you reinvest your IRA in something else other than real estate?
  • Can you convert your traditional IRA to a Roth IRA (without penalty)?
  • How does CamaPlan work to help you create your own self-directed IRA?
  • To connect with Carl Fischer, please visit:

    👉Company Website:https://www.camaplan.com/

    👉Linkedin ➡️ https://www.linkedin.com/in/camaplan/

    👉Facebook ➡️https://www.facebook.com/camaplan

    👉Instagram ➡️https://www.instagram.com/cama_plan/

    👉Twitter ➡️https://twitter.com/CamaPlan512

    👉YouTube ➡️https://www.youtube.com/camaplan1

    👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

    👉You can also schedule a free call with us: ➡️https://calendly.com/financialservicesins

    📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

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