On the Raising Private Money podcast, we’ve discussed working with self-directed IRAs as a great way to find private lenders. Not only will we dive into this strategy, our guest today is here to represent the company I most recommend.
Nathan Long is the President of Quest Trust, a company that lends its services who want to invest in real estate, oil, and other alternative ventures. Besides his entrepreneurship pedigree, Nathan also has extensive experience as a real estate investor—another reason why his presence on our show is sure to bring us a ton of value!
Jump into the episode as we dive into self-directed IRAs, private lending, investing, and more!
Key Takeaways:
- The benefits of self-directed IRAs
- Why you should do your due diligence on an investment before a self-directed IRA
- You can partner different accounts into a single one
- Real estate investments are the ones that Quest does the most
- Non-recourse debt and IRAs
- There are so many benefits in real estate investing with Roth IRA
- Don’t do subject-to-deals without proper training
- When you do certain types of investments in an IRA, they can become taxable
- Why do most people run a business inside an IRA
- The solution to the possibility of paying tax when using an IRA
- IRAs can be powerful tools, which is why you need to be cautious and properly educated before using them.
Check out my book: 7 Reasons Why Private Money Will Skyrocket Your Real Estate Business and Help You Build Incredible Wealth!
Get it here for FREE: www.jayconner.com/moneyguide
Connect with Quest Trust:
Email: juan.deshon@questtrust.com
Timestamps:
0:01 – Raising Private Money with Jay Conner
1:00 – Quest Can Fund Your Deals As Early As 48 Hrs
2:41 – Today’s Guest: Nathan Long
5:29 – What Is A Self-Directed IRA?
6:35 – Different Types Of Self-Directed IRA
7:36 – People Restrictions On IRA
8:34 – The Most Profitable Investment You Can Have With SDIRA
12:35 – Why Buy Subject-To In An IRA?
15:32 – Don’t Do Subject_to Deals Without Proper Training
18:50 – Unrelated Debt Finance Income
20:59 – IRAs Can’t Use Depreciation
24:57 – Invest In A Taxable Entity
25:50 – The Solo 401K
27:44 – For Questions, connect through these emails: JConnerVIP@Quest.com and Juan.Deshon@questtrust.com