You will be inspired by these creative techniques and strategies for acquiring and gaining control of investment properties. Basic investment skills, control terminology and understanding potential seller motivations, will provide a solid foundation for purchasing properties once they are found. Strategies include equity sharing, options, contracts for deed, seller financing, mortgages, and more. Using case studies, learners gain an understanding of step-by-step techniques for buying and controlling properties without having to qualify for bank financing. You will leave this class with a knowledge of which investments would be best funded through retirement accounts, cash accounts, stock accounts, life insurance plans, margin accounts, and others. We will also train investors how to best utilize financial and social resources, as well as time, imagination, networking, and non-traditional assets to successfully acquire investment properties.
Self Directed IRA Class Segments
This Pre-Assessment is to raise awareness of your current knowledge level and give you a glimpse of the information covered in this course.
02 INTRODUCTION – SELF-DIRECTED RETIREMENT PLANS & THE BIG PICTURE
Mat worked as an assistant Attorney General, before joining Mark Kohler at KKOS Lawyers. He is also author of The Self-Directed IRA Handbook and speaker on the Refresh Your Wealth radio show. He dives right into the big picture explanation of retirement accounts.
03 EXAMPLE ONE – RETIREMENT ACCOUNTS PURCHASING RENTAL PROPERTY
A retirement account can own a property, as demonstrated with this example, creating a source of increase built into the the account.
04 EXAMPLE TWO – RETIREMENT ACCOUNTS AS A LENDER
A retirement account can also be used to lend money to other real estate investors, allowing the loan interest to grow the account.
05 EXAMPLE THREE – RETIREMENT ACCOUNT ACQUIRES AN OPTION ON A PROPERTY
This example utilizes an IRA to make money through a lease option.
06 WHAT YOU SHOULD KNOW ABOUT SELF-DIRECTED IRAS, RETIREMENT PLANS & HSAS
As a real estate investor, your own IRA is a valuable tool, and the IRAs of others can also be used to fund investments.
07 COMPARING TRADITIONAL IRAS, ROTH IRAS & 401KS
The pros and cons of each main type of IRA are discussed, with class questions being answered along the way.
08 TRANSFERRING OR ROLLING OVER YOUR EXISTING RETIREMENT ACCOUNTS
What are the rules and regulations in place for converting an existing IRA to a self-directed IRA?
09 RESTRICTIONS AND RULES FOR IRA INVESTMENTS
Mat discusses the list of items you cannot purchase with IRA funds. Good news: Real estate is not on the list.
10 INVEST IN WHAT YOU KNOW
A movie example is used to demonstrate the importance of investing in what you know.
11 PROHIBITED TRANSACTIONS AND IRS CODE 4975V
The most important rule of Self-directed IRAs: Know the prohibited transaction rules that restrict with whom your SDRP may transact.
12 PROHIBITED TRANSACTIONS & EXTENSIONS OF CREDIT
Know who is a “disqualified person” so you can avoid transactions with them. Know which kind of loan is the only option for SDRPs.
13 PROHIBITED TRANSACTIONS & SELF-DEALING TRANSACTIONS
The most complicated restrictions for DSRPs involve self-dealing transactions. Mat explains what this means and uses examples to solidify the information.
14 FREQUENTLY ASKED QUESTIONS & CONSEQUENCES FOR SDRP PROHIBITED TRANSACTIONS
The first consequence of a prohibited transaction is distribution of the entire account, followed by loss of tax-preferred treatment, and other additional consequences.
15 SDRP SCENARIO 1
Class members are included as the scenario is discussed.
16 WHO CAN YOUR SELF DIRECTED RETIREMENT PLAN INTERACT WITH?
Another quick visit to the self-dealing transaction prohibitions.
17 SDRP SCENARIO 2
The second scenario is shared and explored with members of the live audience.
18 ADVANCED SDRP INVESTMENT ISSUES – EXCLUSIVE BENEFIT – STEPTRANSACTION – DOL INTERPRETIVE BULLETIN
Mat explains the meaning of the Step transaction and the DOL interpretive Bulletin, as they pertain to SDRPs.
19 HOW TO VEST – HOLD TITLE – MANAGE & TRANSFER PROPERTY IN A SDRP
Can you switch, mid-investment, from a personal investment to a SDRP for your funding?
20 CHECKLIST FOR SDRP OWNERSHIP OF REAL ESTATE
This checklist simplifies the details covered and the requirements you need to know to invest with your IRA.
21 CHECKLIST FOR SDRP LENDING MONEY PROMISSORY NOTE TERMS
Another checklist is provided, this time to ensure you know the details of lending funds from your SDRP.
22 UBIT AND UDFI TAX FOR IRAS
Unrelated Business Income Tax (UBIT) still applies in some situations, Mat explains when you may need to pay.
23 IRA AND THE UDFI TAX EXAMPLE
UDFI is examined and explained with an example.
24 IRA/LLC STRUCTURE AND MODELS
How to invest through an IRA/LLC, and act as the manager of the LLC. Questions from the live class about IRA/LLCs are addressed.
25 MULTI-MEMBER IRA/LLC
What is a Multi-Member IRA/LLC? Who is an eligible partner and how do they function?
26 INDIVIDUAL INVESTOR CONTRIBUTION TO THE IRA/LLC
Learn how an individual investor affects the Multi-Member IRA/LLC.
27 SDRP SCENARIO 3
Mat introduces Scenario 3, and class members participate in this exploration of structure options.
28 SDRP SCENARIO 4
This final scenario covers another SDRP situation with an investment partner.
29 COMPARING THE 401(K) PROFIT SHARING PLAN & OTHER SDRPS (SOLO 401K)
Mat shows how a self-employed business owner can make the most of setting up a self-directed solo 401K.
30 THE 401K LOAN
The differences between IRAs and 401Ks are addressed, as well as questions from class members, covering many different retirement plan options and how they are affected by tax.
31 MAKING AN INVESTMENT WITH A SELF-DIRECTED 401K – PARTICIPANT LOANS
Learn the details of investing using your 401k and a participant loan.
32 CHOOSING THE RIGHT PLAN SUMMARY & COMPARISON OF IRAS AND 401K PLANS
Can you do both an IRA and a 401K? Mat answers this question and more, with an example from his own experience.
33 DUE DILIGENCE FOR YOU SDRP & SEC NOTICE 5866
Before rushing into a self-directed retirement plan, know the steps you need to take and any risks involved.
34 THE ROMNEY METHOD AND SUPER CHARGING YOUR RETIREMENT PLAN
Mat uses an example of a seasoned investor utilizing his SDRP to supercharge his retirement plan, and wraps up the class.
This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.