Self Directed IRA Myths! What are UDFI and UBIT? with Bernard Reisz

Published: Oct. 29, 2019, 7:10 a.m.

Today you\u2019re going to learn what the experts don\u2019t tell you about Self Directed IRAs, Checkbook IRAs, UBIT and UDFI, and everything you need to know to get started with your self directed retirement account investing. Bernard Reisz, CPA, joins us and is bringing a TON of actionable knowledge to you.\nYou can invest in real estate with your retirement account! This insider interview will teach you how to use these accounts to their fullest benefit.\nQuotes:\n\u201cCustodians are incentivized not to tell you about checkbook control, just like the financial advisor at your local Community bank, doesn't want to tell you about self directed IRAs. self directed IRA custodians don't want to tell you about checkbook control.\u201d\n\u201cReal estate is relatively tax efficient, compared to other investments.\u201d\n\u201cThe fact that IRAs are subject to UDFI doesn't qualify you for a QRP.\u201d\nGet in touch:\nwww.401kcheckbook.com\xa0\xa0\nLinkedIn\nOther Similar Episodes:\nMaking Self Directed IRAs Work For You with Kaaren Hall\nSelecting markets for Long Term Investing with Greg Rand\nGuest Bio:\nBernard Reisz CPA, empowers individuals to optimize their finances, using proactive and innovative strategies. He provides an integrated approach to tax and financial planning for real estate pros, focusing on their unique profiles and opportunities.\nBernard is the founder of 401kCheckbook.com, which gives investors direct control of their tax-sheltered funds for real estate equity and debt opportunities using Checkbook Control IRAs, Solo 401(k)s, and Checkbook Life Insurance. He is also the founder of AgentFinancial.com, which provides tax, entity, and financial services to real estate professionals, including real estate agents, real estate investors, and mortgage brokers.\xa0\nPrior to founding ReSure, Bernard served as Director of CoMetrics Partners, managing an array of engagements involving financial consulting and due diligence. Bernard advised owners of closely-held middle-market companies on advanced tax mitigation strategies.