Tue, 3 September 2019
1273: The Ultimate Self-Directed IRA, Using Self-Directed IRAs & Solo 401ks To Invest In Real Estate, Bitcoin, Ethereum, Cryptocurrencies, Gold & More with Jeff Astor
Jason Hartman talks with Jeff Astor, VP of Business Development at Broad Financial and author of The Ultimate Self-Directed IRA:: Using Self-Directed IRAs & Solo 401ks To Invest In Real Estate, Bitcoin, Ethereum, Cryptocurrencies, Gold, Private Businesses, Startups, Exotics & Much More, about how to invest in various assets at the "arms length" that the tax code requires. Jeff explores some unique investments clients have made that satisfy the legal requirements, as well as explaining the difference in the 2 types of self-directed IRAs.
[6:43] What are "exotic" investments and how you keep your investments "at arms length"
[9:45] There are 2 types of self-directed IRAs, the custodial model and the checkbook model
[13:52] Finding financing for IRAs since you need a non-recourse loan
[17:10] Do people set up multiple LLCs inside their IRA to get even more asset protection?
[21:44] Make sure you do your research on self-directed IRA companies, because custodial companies rely on trust
[24:50] Can you take possession of precious metals if you purchase them through a self-directed IRA?