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How The Rich Avoid Paying Taxes | Karlton Dennis
Wealthy Way
Empower Your Retirement: Self-Directed IRA Strategy
Investors unhappy with their IRA returns can enhance control over their investments by creating a self-directed IRA. This involves establishing a single-member or partnership LLC, rolling over an existing IRA into the LLC's IRA, and working with a custodian to self-direct investments. This strategy allows direct investment in stocks, like Apple and Tesla, or purchasing investment properties while benefiting from tax advantages such as depreciation, thus maximizing retirement portfolio growth.
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