Timothy Sumer

A Self-Directed IRA is a regular individual retirement account that offers one the ability to make alternative investments, such as real estate, in additional to traditional investments like stocks and mutual funds. However, you must be aware of the rules so that your plan remains IRS compliant. On this episode of Adam Live, IRA Financial founder, Adam Bergman, Esq. will discuss the rules you need to be aware of when operating a Self-Directed IRA, such as the IRS prohibited transaction rules, unrelated business income tax rules, annual tax filings, and other compliance requirements. This is a must watch video for every Self-Directed IRA investor. Join us LIVE on Wednesday, March 8th at 12PM EST! -- Learn more about the Roth Solo 401(k): -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware

If you use a Self-Directed IRA to invest and save for retirement, you must be aware of the important IRS rules, including the prohibited transaction rules and the UBTI tax. -- Learn more about the Self-Directed IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Cli

The best part about investing with a Self-Directed IRA is that all income generated by your investments flow back into the plan without tax. While the prohibited transaction rules prevent you from benefiting from IRA-owned assets, there is a way to use your IRA-owned real estate property tax free. One such strategy is the 60-day IRA rollover rule which will give you free reign of your asset for up to two months. On this episode of Adam Live, IRA Financial founder, Adam Bergman, Esq. will discuss how you can invest in a real estate property and take advantage of the 60-day rollover rule to personally use the property without running afoul of the IRS rules. Join us LIVE on Wednesday, May 3rd at 12:00PM EDT! -- Learn more: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use a

In this episode of Adam Talks, IRA Financial's Adam Bergman Esq. discusses a provision in SECURE Act 2 that discusses prohibited transactions and how they affect you if you have multiple IRAs. -- Learn more about SECURE 2: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. Learn More: #selfdirectedira #secureact #retirement #prohibitedtransactions #IRARules #investing #alternativeinvestments #taxes #irafinancial #adambergman #secureact2... ( read more ) LEARN MORE ABOUT: IRA Ac

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about self-directing a SEP IRA, lending IRA money to an ex-spouse, and investing in a son's venture capital fund. -- 0:00 *Intro 1:24 *Question 1: Can I use a SEP IRA to do a Self-Directed IRA, or do I have to use a traditional IRA? 3:26 *Question 2: My ex-spouse and I are still very close – can I lend him money with my Self-Directed IRA? 5:37 *Question 3: My son is a GP in a venture capital fund. He owns less than 35% of the GP and less than 1% of the LP – can I use my Self-Directed IRA to invest as an LP? 11:10 *Outro -- Have a question for Adam? Send it to us! info@irafinancial.com -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aw

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about lending funds to a Self-Directed IRA, 2022 SEP IRA contribution deadline, and issuing a K-1 for an IRA LLC investment. -- 0:00 *Intro 1:33 *Question 1: Can a non-disqualified person lend funds to my Self-Directed IRA to buy real estate? 4:29 *Question 2: When are my SEP IRA contributions due for 2022? 5:51 *Question 3: I will be receiving a K-1 from an investment my Self-Directed IRA LLC is investing in. Who should the K-1 be issued to? 8:27 *Outro -- Have a question for Adam? Send it to us! info@irafinancial.com -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset i