Directed IRA Podcast
Your Questions: Roth Conversions and Backdoor Roth IRA
Dec 7, 2023
The podcast discusses topics such as Roth conversions and contributions, the five-year rule for Roth IRAs, investment opportunities, multi-member IRA LLCs, and backdoor Roth IRA strategies.
30:53
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Quick takeaways
- An LLC can utilize equity in an IRA-owned property to acquire more assets through a first-lien HELOC.
- Careful analysis of the cost, potential returns, and recovery period is essential when considering a Roth conversion, taking into account the five-year clock for each conversion.
Deep dives
Converting IRA-owned property to create a first-lien HELOC
It is possible for an LLC to use existing equity in an IRA-owned property to create a first-lien HELOC and use the funds to acquire more assets.
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