In this episode, Whitney interviews Chris Tanner, Business Development Manager at New Direction Trust Company. New Direction Trust Company has assisted thousands of people in setting up their Self Directed Retirement accounts, and have extensive experience in facilitating real estate syndication. Chris shares the workflow for using Self Directed IRA funds in real estate syndication. We kickstart this show by highlighting the differences between Roth IRA and Solo 401 (k). You will also learn the pros and cons of hiring a custodian for your 401(k). What is the biggest mistake that syndicators make while deploying IRA funds in syndication? And will investors end up paying taxes when they use their IRA funds in syndication? This show will simplify and clarify many common queries that syndicators and investors have. Tune in now! Full Podcast - Join our group for the latest updates - See The Real Estate CPA’s Special Virtual Workshop for the listeners of The Real Estate Syn...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)