Timothy Sumer

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 IRS is always watching! Whether you are investing with personal funds, or via a retirement account , such as a Self-Directed IRA, you must be aware of all the rules which may affect your taxes. On this episode of Adam Live, IRA Financial founder, Adam Bergman, Esq. will discuss the most important tax rules when using a Self-Directed IRA to accumulate wealth for retirement. Join us LIVE on Wednesday, January 25th at 12PM EST! -- 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 is a retirement account facilitator, document filing, and do-it yours

Generally, so long as the investments remain in the Self-Directed IRA, there are no taxes to file annually. The only time you need to worry about taxes is when you take a distribution or if your investment is subject to the UBTI tax, which Adam explains in this video. -- 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 service

In this week's episode, IRA Financial's Adam Bergman Esq. answers questions about Solo 401(k) eligibility, convertible debt investments in an IRA, and setting up a Solo 401(k) if you already contribute to a SEP IRA. -- 0:00 *Intro 1:14 *Question 1: I earn income from my employer who pays me in W-2 and 1099 and does not offer a 401(k) plan. Can I do a Solo 401(k) plan? 2:17 *Question 2: If I make a convertible debt investment with my IRA into a start-up, will that trigger the UBTI tax? 5:49 *Question 3: I have a SEP IRA and have already made some contributions. I have now heard about the Solo 401(k) plan and want to set one up – can I still do it? 8:53 *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

In most cases, you don't need to file a tax return with a Self-Directed IRA. If you utilize the LLC structure, and have multiple members, you will need to file a partnership return. Lastly, if you triggered the UBTI tax, you will need to file a 990-T. -- 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 Grou

As part of IRA Financial's Self-Directed IRA Nation, our annual compliance service can help keep your Self-Directed IRA above board and meeting all requirements for the IRS. Our annual compliance membership service is just what you need to ensure following all legal requirements and tax laws. Want to read more about what a Self-Directed IRA is? Learn more here: -- 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: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRAN