If you have a self directed IRA, then you know you can use it to invest in real estate but unfortunately, using it to flip houses may be subject to what’s called Unrelated business income tax or UBIT for short, which would wipe out any benefits. But the thing is the UBIT tax rule is vague as to when it applies so you need to understand the implications, which I’ll explain on this video. But that’s not all…I’ll also show you a little known black hat technique that would allow you to still flip using your IRA while avoiding the UBIT tax. Guide to Flipping Houses With A Self-Directed IRA: FREE Virtual Wholesaling Kit: ---------------------------------------------- With almost 800 Videos, this is the #1 channel on YouTube for all things wholesaling and flipping. SUBSCRIBE NOW! Listen to your favorite Flipping Mastery TV videos on your favorite podcast platform! Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age
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 :)