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How To Buy Rental Property In An IRA 

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In this video, Clint Coons, Esq. will show you how to purchase property within an Individual Retirement Account (IRA).
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If you're looking to invest in rental property, then an IRA may be the path you want to take. I'll show you how to buy a rental property with a self-directed IRA, protect your money, and find new opportunities and advantages to this unique strategy.
🔑 Key Insight: "Using this technique is obviously very simple for you." 2:04
If you're an investor, then you know there are many benefits to owning rental property. Furthermore, investing in rental property through your IRA is a good idea.
Buying rental property in an IRA is a great way to get started in real estate, and you'll love the results. After watching this video, you'll be ready to start buying rental property in your IRA account.
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Show Notes:
0:00 Intro
0:11 Self-Directed IRA
2:25 Asset Protection
3:10 LLC
5:52 Land Trust
6:46 Multiple Properties
8:33 Outro
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#investing #retirement #ira #sdira

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17 окт 2023

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Комментарии : 24   
@justinevelayo3180
@justinevelayo3180 20 дней назад
Thank you for sharing this knowledge on self directed Ira! And the mistakes to avoid!! Your content is amazing and so helpful!
@ClintCoons
@ClintCoons 20 дней назад
Glad it was helpful!
@Lvj22
@Lvj22 13 дней назад
This is a great video! I have so many questions now.
@ClintCoons
@ClintCoons 8 дней назад
If you would like a FREE 30-minute consultation, you can request one here - aba.link/clintss or you can send me an email at ccoons@andersonadvisors.com, and I will have someone contact you.
@stevem0601
@stevem0601 3 месяца назад
Clint, always great content. However, I am conflicted as you make mention in this video about SDIRA and you have other videos discouraging use and to use solo 401k. I have been leaning towards opening solo 401k, but eligibility has me twisted. If my business is real estate investing, then as I understand it, I would not qualify because rental income is considered passive income. Is that correct? Also, as part of my real estate business I could be doing part time general contractor work AND collecting rent. thus I would be paying myself (and my wife) a wage. Would I then qualify for a solo 401K? Thanks, Steve
@davidmckinney5067
@davidmckinney5067 11 месяцев назад
Great information, Clint. Is there a strategy for avoiding UBIT in these structures? As I understand, leveraged property will generate UBIT.
@ClintCoons
@ClintCoons 11 месяцев назад
It does generate UDFI but remember you can use your depreciation to offset the income. The only way around UDFI is to invest through a solo 401k. If your money is in a ROTH then you are stuck but if its in a traditional then you can roll it into a solo and avoid the UDFI.
@BethWardecki
@BethWardecki 10 месяцев назад
Hi Clint. I’m a little confused. I found this video b I watched one you did 9 years ago saying that self directed iras we’re bad news. Did things change? Thanks so much
@MauriceGosby
@MauriceGosby День назад
Sounds clearly like it’s bad news if you do not have the limited liability corporations, and if you set them up yourself without legal assistance
@warrengould4051
@warrengould4051 9 месяцев назад
Great video. How are the cash flow, expenses, income, losses, depreciation, and taxes handled for the rental property in the LLC? Also, can you maintain a traditional IRA along with a SDIRA?
@ClintCoons
@ClintCoons 9 месяцев назад
They all flow through to the SDIRA for tax purposes. Thus, if your IRA does not have any debt on the property then it is not relevant. Yes you can have both a traditional and SDIRA. You can have as many IRAs as you want you only limit is on the annual contribution which is in the aggregate.
@technotrix6504
@technotrix6504 3 месяца назад
Who is a good company to contact for the self-directed IRA's?
@ElLeNoir..ELconomics
@ElLeNoir..ELconomics 11 месяцев назад
Let coach Clint Cook!!!!!!
@Alaska_Engineer
@Alaska_Engineer 11 месяцев назад
…and how would we withdraw or dissolve the IRA at a later date?
@ClintCoons
@ClintCoons 11 месяцев назад
You would transfer the property out of the IRA
@zehuazhou3390
@zehuazhou3390 4 месяца назад
if I do this and receive a tax form such as 1099-INT from the LLC’s bank account, or a 1099-MISC from my property manager, shall I just disregard these tax forms since they are generated against the EIN of the LLC, which is owned by the tax deferred IRA?
@ClintCoons
@ClintCoons 3 месяца назад
Your IRA will need to file a tax return because it has UBTI. These will be included with your return
@AmyMilliken-j5j
@AmyMilliken-j5j 5 месяцев назад
Can I buy property in another country with my self-directed IRA?
@ClintCoons
@ClintCoons 5 месяцев назад
Yes
@nguye1971
@nguye1971 11 месяцев назад
Great info as always. Thanks Clint Question- how to get money from IRA to pay for LLC setup costs?
@ClintCoons
@ClintCoons 11 месяцев назад
You instruct your IRA custodian to wire the funds to the company setting up your IRA LLC.
@geraldbennett7035
@geraldbennett7035 2 месяца назад
Are you talking paying cash for property or borrowing. Sounds like a bunch of legal fees will be incurred.
@ClintCoons
@ClintCoons 2 месяца назад
Either one works