EP 8 - Starting a Business with Your Self-Directed IRA or 401(k)
Directed IRA Podcast
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Is There a Tax Strategy for Retirement Accounts?
Some people like e i want to own this personally, i don't want to deal with all these restrictions on retirement accounts. What we're do in that instance is probably set up a new scort. Maybe it's an l c, but typically a new s corporation for your new business. Now you've at least got access to 50 grand. You just took the 50 k loan, which is a provision you can do from your own four o one k. But now you own this escort. It's just a regular business that you personally own. Retirement account has funded a loan to you. Again, the giv you goght. A e can on the who thing that doesn
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