August 09, 2021

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

54 minutes

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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