If my ROTH IRA owns an LLC that owns property does that make all of the profits tax free??
@SeanDIY
3 жыл бұрын
Not a fan of the IRA for real estate. Your tax losses are an issue. I disagree with you on that part. Real estate is a great investment but not necessarily in your IRA you have tax deferral in the IRA so if you have a loss, you miss out on it. You also miss out on capital gains favored rates.
@jerrymaushard3835
2 жыл бұрын
I can’t work on the rental property or manage it… that’s no good
@AJC4866
7 жыл бұрын
can you do some creative no money down real Estate in your IRA?
@grod805
3 жыл бұрын
I wonder if there's video of people who are actually doing this. Seems really complicated and there are a lot of fees and this is just to set it up, then you actually have to manage it.
@miguelducasse
3 жыл бұрын
Really confused 🤷♀️ so the it’s buys the real estate lol ? My IRA HAS 13 grand only how does that work
@lynnpfeiffer8433
5 жыл бұрын
Can property be purchased in a foreign country using this methodology?
@jamesswanson7213
2 жыл бұрын
I had the same question. Did you find your answer?
@ericwin99
6 жыл бұрын
Do you know you're pointing to empty boxes at the end of this video
@MarkJKohler
5 жыл бұрын
Thank you for letting me know! I will have my team work on this!
@MetalBum
5 жыл бұрын
Can I flip houses in an llc self directed and for my fathers self directed Ira
@mirandah6927
5 жыл бұрын
Can I live in one of the units? If not, any other suggestions where I can actually live in it??
@bobstarlin5187
4 жыл бұрын
Pretty sure that it is a prohibited transaction.
@Arkata
5 жыл бұрын
How many real estate properties would you recommend to keep under an LLC??
@MarkJKohler
5 жыл бұрын
Check out this video! It will answer your question! kzitem.info/news/bejne/sKNv35aum2h_foI
@chironow3446
5 жыл бұрын
You will pay UBIT % on any part of the RE that has a loan.
@mihaelagruita370
7 жыл бұрын
I am not clear if you said that the IRA owner can manage the property once the property is purchased in the LLC? True?
@MarkJKohler
7 жыл бұрын
Yes. The IRA owner can be the Manager!! Just not too much work and certainly can't be compensated!
@mattm2553
5 жыл бұрын
Mark. Great videos!! Can your firm help me out way over here in the city of brotherly love??
@MarkJKohler
5 жыл бұрын
Yes, of course. My firm works with clients all over the country. Even international clients. Please feel free to call 435-586-9366 ext 2024
@bhclark6128
4 жыл бұрын
If I move money into an IRA will I have to keep it there for a number of years before I can use it?
@AlphaBrokeringCompanyLLC
4 жыл бұрын
No, you can use it for investment purposes immediately.
@JenniVander
3 жыл бұрын
I watched a guy pitch the Nevada etc... thing but he didn't answer the IRA + LLC question. You answered the question here! VERY informative! This makes a lot more sense.
@MariaHernandez-zz9dp
4 жыл бұрын
Can I Buy a commercial property with my IRA and rent it to my own spa LLC business?
@davec-1378
3 жыл бұрын
Did you ever find out the answer? It’s exactly what I’ve been wondering myself
@TykeNotes
5 жыл бұрын
Lifetime membership,well my lifetime lol you got a subscriber
@MarkJKohler
5 жыл бұрын
Thanks so much! You're too kind. :)
@daveelsid2238
Ай бұрын
Can I buy a second home with this process
@erikbrown4587
5 жыл бұрын
You won my business
@lilo4518
4 жыл бұрын
Thanks
@rasheemsanford9348
5 жыл бұрын
Is it standard practice that the custodian mandates what bank the IRA funds are held in?
@MarkJKohler
5 жыл бұрын
Well....tricky question. Yes, in the sense that the IRA Custodian has a relationship with a bank for ALL of it's deposits. HOWEVER, once you set up your IRA/LLC (of which you are the manager), you can set up the LLC bank account (holding your IRA funds) anywhere you want. They cannot dictate that. 90% of my clients set up an IRA/LLC to better control, lower their costs, and have quicker access to funds for deals.
@angelasmith3344
Жыл бұрын
Any updates to this? Its been 5-6 years. Laws change. Thanks!
@MarkJKohler
Жыл бұрын
Hey Angela! You should attend my workshop at the end of the year, Year-End Tax and Legal Update, we will be going over any and all changes needed to know for next year. Use this link to buy your ticket: markjkohler.com/year-end-tax-legal-update/?KZitem&Comments&MJK+PHX+Workshop&MJK+PHX+Workshop
@ABC-hi3fy
3 ай бұрын
How can I buy in conjunction with my SDIRA.
@CASH-TO-THE-MERE101
5 жыл бұрын
Can you actually have simultaneously two different types of ROTH IRA, THE SELF-DIRECT and WALL STREET manage one?
@Defx10
4 жыл бұрын
You can have as many IRAs as you want, but you're still bound to the $6,000 per year limit. That's not $6,000 in each IRA, that's $6,000 TOTAL, spread across all of your IRAs.
@TheMillionaireMindset
4 жыл бұрын
Right, you can annually contribute to either a Standard or Roth IRA or to both, but, the total contribution is currently $6,000. Also, if you have a an employer where you can contribute to a 401k, you can contribute $19,500 a year into the 401k. If you leave an employer, the 401k typically will be converted to a Traditional IRA.
@CASH-TO-THE-MERE101
4 жыл бұрын
The Millionaire Mindset thank you for the clarification.👏👏👏
@teachersherrie8420
3 жыл бұрын
If I get mortgage from Self Directed IRA under LLC, will the LLC pay the mortgage? What if the first few months that rental is not yet making money? Will I be paying for the mortgage from my own W2 income
@MetalBum
5 жыл бұрын
Can I put old properties or multifamily I already own or my family owns and transfer it into a -self directed Ira?
@THEGABNER
4 жыл бұрын
I also have this question.
@user-ne6gm8zq2k
5 жыл бұрын
You should write a book or ebook !
@MarkJKohler
5 жыл бұрын
I actually wrote 5 books and and 2 e-books already :) Here's the link to purchase the books if you would like: markjkohler.com/products/bookcombo/ To get my free e-book, visit markjkohler.com/youtube/
@shamusjones3477
4 жыл бұрын
can you do this with your business SEP IRA?
@MarkJKohler
4 жыл бұрын
Shamus, yes you can. Section 408 of the Internal Revenue Code allows for the purchase of property with funds held in many common forms of IRAs, including a Traditional IRA, a Roth IRA, and a simplified employee pension (SEP) IRA.
@SamianHQuazi
6 жыл бұрын
That sounds really complicated. Why again can't I just buy a rental property like normal people?
@josephallred8633
5 жыл бұрын
The regulations for putting real estate in a retirement account are oppressive, ensuring that only people who have lots of extra money can do it. If you own rental property in a retirement account and your tenant doesn't pay the rent, or if your property is vacant then you have to pay the equivalent rent to your own retirement account. Here's something that would make a lot of sense and would benefit millions of people even if they didn't want rental property. If you have a retirement fund with enough money, use it to pay off your mortgage. Then you could pay the equivalent of your mortgage payment into your retirement fund. The only problem is, it's illegal to do this.
@twincherry4958
3 жыл бұрын
@@josephallred8633 lol
@konaboyz1690
6 жыл бұрын
this guy can sell you a broomstick even if you have 10 in your closet :)
@MarkJKohler
5 жыл бұрын
hahaha! Thank you for watching!
@MarkJKohler
5 жыл бұрын
You're hilarious!
@Clifford1under
4 жыл бұрын
@@MarkJKohler i need a broom stick. lol
@khongcolong
3 жыл бұрын
You are you right, lol because he speaks from the heart with passion and interest...
@wespurcell3217
5 жыл бұрын
Lol, see ya on the "flipside " brother....
@artistman75
6 жыл бұрын
1. If you are a licensed real estate agent can you do the deal yourself? 2. If you have acquired property previously can you can put this strategy to work? This information is pretty awesome! I'll be learning more about it and work on putting it into action.
@stevenrisi
7 жыл бұрын
if the REI is owned by your IRA, is the IRA open to lawsuits? Do you recommend opening up a second LLC for the property that is owned by the IRA LLC?
@MarkJKohler
7 жыл бұрын
Hi Dave, those are great questions. I would definitely recommend calling my office so we can get you set up to get those questions answered! (435) 586-9366
@Patrick-kg3dc
2 жыл бұрын
Thank you. But this might be a big problem with build back better. They want to do away with the IRA llc. What do you suggest?
@miguelmunevar5398
4 жыл бұрын
where do you get a non recourse loan? I have been shopping around and i have not been successful at finding one institution that does it
@mascaretllcmanager7481
2 жыл бұрын
did you ever find your lender?
@alialrikabi5546
4 жыл бұрын
$50 In Michigan will get you LLC.
@MarkJKohler
4 жыл бұрын
Good to know.
@eliteautofinders3099
4 жыл бұрын
Can you tell me who I can get ahold of in colorado
@emo62
5 жыл бұрын
I have a sd401k w/cc and have been doing private money lending to "house flippers", making 12% annually. I've been crunching numbers on "fancy" excel spread sheets trying to determine if the best method to grow my wealth is to: 1. continue doing PML making 12%, or 2. purchase rentals w/ NR loans and enjoy monthly cash flow, plus appreciation, plus depreciation, plus having tax deductions for repair & mntc. Have you any opinions or insight on what you have witnessed with regards to this? Which scenario, generally speaking, would most likely have the best outcome?
@BackInService
4 жыл бұрын
What happens to all of your assets inside of the self directed Roth when you retire at 59 1/2 and take the money out?
@samoanstudios
Жыл бұрын
Where do the rental profits go once the property is in the SD IRA? Do I have access to that cash flow, or is locked up?
@MarkJKohler
Жыл бұрын
Sounds like you would benefit from an IRA/LLC AKA a "Checkbook IRA". My firm, KKOS Lawyers, can set it up for you. Directed IRA has a whole page dedicated to them, and you can get started right there, by opening a new account online, and then you will be sent to KKOS to set up the LLC. Here is the link to get started: directedira.com/ira-llc/
@IslamicAmerica550
5 жыл бұрын
Do custodians have a yearly fee?
@MarkJKohler
5 жыл бұрын
Yes....but NOTHING like a stock broker. Most have a $200 - $400 flat fee, or a fee based on the number of assets, or account value. Shop around. Our favorite is www.directedira.com. Thanks!
@wes4477
2 жыл бұрын
What if you are a contractor and own your own company. Couldn't your company manage the properties maintenance and repairs?
@levicamacho7490
5 жыл бұрын
What if you have your own remodeling business registered. Can you do the remodeling work? Or hire sub-contractors?? Is that considered as a different party?
@MarkJKohler
5 жыл бұрын
Lots to talk about. I would suggest calling my assistant at 435-586-9366 ext 2024 to schedule a consultation with one of my attorneys. They will help you answer these questions in-depth. Thanks!
@jamesswanson7213
2 жыл бұрын
After jumping through all the proper hoops can my rental be on foreign soil? So glad you put these videos up. Thank you
@DwayneTownsendSr
4 жыл бұрын
What do you say about borrowing against your 401k to buy and hold or flip properties? Lets say 260k in 402k and they will let me borrow 100k against it.
@debraduvall8652
5 жыл бұрын
If you buy a vacation rental condo in Hawaii thru your Self Directed IRA can you stay in it a week or a month out of the year? I'm trying to decide on a condo in Hawaii or a Colorado long term rental (so we are close enough to manage - no physical work ourselves understood). I am also a realtor, your video says use another agent but in reviewing the comments here I get the idea this might be a "gray area"? Thank you !!!
@MarkJKohler
5 жыл бұрын
Great question! So much to discuss here. Please schedule an appointment with my partner Mat Sorensen by calling Rosalie at 435-586-9366 ext 2024 or visit his website www.sdirahandbook.com. Thanks!
@MohammadKhan-vt8gr
5 жыл бұрын
Beyond IRA contribution to LLC, is it okay to have investors to invest money into my LLC? I assume it would come down to the % of equity as long as taxes are concerned. But can I have foreign investors to invest in the LLC? Would they be able to use that as a vehicle to get investor visas? Sounds pretty complicated but from your explanation, it seems like a possible route to grow LLC at a much faster rate. What do you suggest?
@MarkJKohler
5 жыл бұрын
Yes... you can have non IRA partners in the LLC...even foreign investors. Now there are sometimes some tax treaties involved. But we have been doing this for years...AND affordably. My associate attorney that is excellent on structuring the LLC with the IRA/401k options...and...with foreign investors is Kristie Parker. You can call and schedule a 1 hour consult with her and the cost is applied to setting up the LLC (under $1500 or even less). We're really affordable. You can even do a free 15min with her to just see what were about (but the advice comes with the consult). :) Please call 435-586-9366 and make an appointment. There are two Kristies at our office, so make sure to ask for Kristie 'Parker'. Thanks! Mark
@jesus123510
5 жыл бұрын
very informative, thank you!
@MarkJKohler
5 жыл бұрын
You're very welcome! Thanks so much for watching!
@glo818
5 жыл бұрын
If my husband and I have separate 401k, is there a way to combine them into one self directed IRA?
@MarkJKohler
5 жыл бұрын
No....but kinda...we have a work around. What you do is roll out each of your 401ks to your individual IRAs....THEN we set-up an LLC (which is typical anyway when you self-direct). The LLC is owned by the two IRAs proportionally and you and your husband are the managers of the LLC. It's pretty slick. Been doing it for years. Check out this video and book. kzitem.info/news/bejne/u2mGv6KZbomnp3Y and book: www.sdirahandbook.com.
@tyler6865
6 жыл бұрын
Do you have an office in Colorado?
@MarkJKohler
6 жыл бұрын
We don't have an office in Colorado...YET. We are constantly expanding our firm, as well as looking towards opening more offices soon. But for now, we do have offices in Utah, Arizona, California, Idaho, and Hawaii! We work with clients all across the country and we have employees specially trained to help you with your specific state laws you have to abide by.
@leegomes415
2 жыл бұрын
I guess I made a mistake w/ opening up my LLC w/ legal zoom ( its been a headache anyway w/ them). Is there anyway I can see myself out of this w/ them? Can I open another one up w/ a reputable source? Can you recommend a source? Not too expensive ….Thank you
@MarkJKohler
2 жыл бұрын
Our firm offers a "clean-up" where we can help you fix the entity that you formed. Call 888-801-0010 I hope this helps!
@wespurcell3217
5 жыл бұрын
Please get a hold of me , so we can start
@gmdc89
4 жыл бұрын
Can you set up the LLC in Puerto Rico?
@rafiqa1621
4 жыл бұрын
can you file in one state, and still do transactions in other states? i want to do foreclocures.
@Paulslistingschannel
6 жыл бұрын
Fantastic Video!!! I have a 401k and a Roth IRA. I would love to have these accounts work together and purchase real estate in NV. I'm also a real estate agent in NV, do I still need to use a different RE Agent if I purchase in NV?
@MarkJKohler
6 жыл бұрын
Hi Paul, great question! Go ahead and email me! mark@markjkohler.com
@hbpads
4 жыл бұрын
Mark, if I live in Ca, but I want to buy multifamily in Texas, does it complicate management of an LLC if 50% of down payment comes from me as an individual and the other 50% comes from my self directed Roth? I don’t have enough in my Roth for a down payment to buy multifamily property solely in my Roth. Oh, and the other question, why would I have to register (in Calif.) my Texas LLC holding property in Texas?
@RonsterK
2 жыл бұрын
Do you advise on buying foreign (Mexico and Panama) rental property in a SDIRA?
@mikemaxwell1749
4 жыл бұрын
Mark, is it possible to use my IRA money as funding to build my investment property? It would be paid back after financing the finished product...
@shinjitsu4476
2 жыл бұрын
Money $ignal
@jorgelgarcia5645
5 жыл бұрын
Great video! Can a traditional ira and a Roth IRA be members of the same Llc to invest in real estate?
@user-fw7nm4pm3r
5 жыл бұрын
hey mark this might be a dumb question but are you able to buy commercial real estate, let's say an apartment complex with the funds in your roth IRA, is the rental income earned from the property tax free? To my understanding profits from investments contained in a roth IRA are able to be kept and not taxed? any information on this is greatly appreciated.
@MarkJKohler
5 жыл бұрын
Yes you can. So much to talk about and moving parts. Please set up an appointment or at least watch all of my IRA related videos/ The best would be to visit my partner Mat Sorensen's website www.sdirahandbook.com. Finally please schedule by calling my assistant Rosalie at 435-586-9366 ext 2024. Thanks. mjk
@preciselyvague2912
2 жыл бұрын
If I work for a company (not my own) can I still do this with my 401K or IRA?
@THEGABNER
4 жыл бұрын
Thank you Mark! You make me excited about real estate! I'm looking at buying what i think would be a great candidate for my ira. It has a high cash flow to depreciation ratio. Can i buy it now and transfer it to the ira later?
@buzybill
5 жыл бұрын
Can two spouses create a LLC under both 401k? So LLC is taxed as a partnership and 401k of both spouses are going to be the partners.
@johnl.6354
4 жыл бұрын
Hey Mark love your videos. I know you don't have an office in New Orleans but would you please recommend a firm in my area to set up my IRA to invest in real estate. I need help setting up everything to invest my IRA into real estate. Really not happy with the return i'm getting with my Edward Jones IRA. I don't know stock market but i do know enough about the real estate market. Thanks you.
@MarkJKohler
4 жыл бұрын
John we don't have an office in New Orleans. However, we work remotely on a national level so go ahead and call my office at Directed IRA (602) 899-9396
@rod1147
2 жыл бұрын
Can a beneficiary IRA be invested with a custodian?
@konaboyz1690
3 жыл бұрын
I smell a cesspool.....
@bryonsview
4 жыл бұрын
Only thing I don’t like is you can’t work on the properties yourself. That’s how I save the most money doing my own work on rentals. So, it’s best for me to not do this route
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