In this discussion, Chris Barnette, Business Development Manager at Inspira Financial, reveals how self-directed IRAs can be a gateway to real estate investing, breaking the misconception that retirement accounts are limited to stocks and bonds. He explains critical compliance rules, the concept of maintaining hands-off involvement, and managing property expenses. Chris also cautions about potential tax implications like UBIT, discusses the relevance of arm's-length transactions, and shares strategies on Roth conversions for maximizing tax-free growth.
