The Real Estate Show

Radio Show Notes 06/24/24 Monday:

Read a summary of the show below or

Listen Here

Watch Live Facebook Video Here

The Real Estate Show: Your Guide to Using IRAs for Buying Real Estate and Maximizing Tax Advantages

How IRAs and Real Estate Go Well Together

By Eric Willner, Investor, Speaker, and Host of The Real Estate Show, America’s longest running daily radio show about real estate.

Welcome to the Real Estate Show – South Florida’s #1 Real Estate Radio Show and America’s longest running daily radio show about real estate. I’m your host, Eric Willner, known as the Voice of Real Estate and founder of America’s longest running daily radio show about real estate. I’m also the creator of The Automatic Landlord System for owning cash-flowing real estate profitably and hassle-free. It’s a virtual real estate seminar in every episode.

Today is the “Monday On A Mission” Edition of The Real Estate Show, and we’re diving into a theme that is both timely and crucial for anyone serious about building a strong financial future: How IRAs and Real Estate Go Well Together.

Did you know that you can use your IRA to buy real estate and unlock multiple streams of ROI, including rental income, tax benefits, and depreciation deductions?

Today’s show is about "How IRAs and Real Estate Go Well Together" and how understanding this powerful combination can be a key component of your real estate success plan.

Before we dive into today’s topic, let me remind you of this week’s special FREE Workshops:

1. Tuesday 8pm Path To Home Ownership Introduction – Online by Invitation
2. Wednesday night 8:30pm Financial Edge University Overview – Online by Invitation

Real estate requires skill, strategy, adaptability, and an unwavering determination to cross the finish line successfully. The road to financial victory may not be a straight path, but it's certainly an exhilarating one!

Why IRAs and Real Estate Go Well Together

1. Tax Advantages
   • IRAs, especially Roth IRAs, offer significant tax benefits. Investments grow tax-free, and in the case of Roth IRAs, withdrawals during retirement are also tax-free. This can apply to real estate investments within the IRA, enhancing your overall returns.
2. Diversification
   • Adding real estate to your IRA portfolio diversifies your investment mix beyond traditional stocks and bonds, potentially reducing risk and increasing stability.
3. First-Time Home Purchase
   • Did you know? You can withdraw up to $10,000 from your IRA for a first-time home purchase without facing the early withdrawal penalty. This can be a fantastic opportunity for new homebuyers to get a leg up in the market.
4. Rental Income
   • Real estate owned within an IRA can generate rental income, which grows tax-deferred. This income can be reinvested into the IRA, further compounding your wealth over time.
5. Depreciation Deductions
   • Real estate investments within an IRA can benefit from depreciation deductions, which can offset income and reduce taxable amounts, enhancing your overall financial returns.

Are you ready to explore these benefits further? Text "EDGE" to 561-861-2366 to learn more about how you can leverage IRAs for real estate investment.

Skill, Strategy, and Adaptability

Real estate investing with IRAs requires careful planning and strategy. Here are some key considerations:

• Self-Directed IRAs: These are IRAs that allow you to invest in a broader range of assets, including real estate. They provide the flexibility to diversify your investment portfolio in ways that traditional IRAs do not.
• Custodian Requirements: A self-directed IRA must be managed by a custodian or trustee who specializes in these types of accounts. Choosing the right custodian is crucial to ensure compliance with IRS regulations.Today’s show is brought to you by TimeToFixMyCredit.com. Don’t let bad credit hold you back from achieving your real estate goals!

Thinking about attending one of our free workshops this week? Text "Edge" to 561-861-2366 to secure your spot today!

Deep Dive: The Rules of Money

To succeed in real estate investing, especially when using IRAs, understanding the Rules of Money is essential:

• The 1% Rule: This rule suggests that a property should generate 1% of its purchase price in monthly rent to be considered a good investment.
• The 4% Rule: Often used in retirement planning, this rule advises that retirees can withdraw 4% of their retirement savings each year without running out of money.
• The Rule of 72: This rule helps you estimate how long it will take for your investment to double, based on a fixed annual rate of return. For example, an investment earning 6% per year will double in approximately 12 years (72/6).
• Ready to gain the Financial Edge? Text "EDGE" to 561-861-2366 now and start your journey to financial freedom through smart real estate investments.

Consider a real estate investor who used their Roth IRA to purchase a rental property. Over the years, the rental income grew tax-free within the IRA, and upon retirement, they withdrew their gains tax-free. This strategic move provided them with a steady stream of income and significant tax savings.

Today’s show is brought to you by TimeToFixMyCredit.com, our partner in bringing you homeownership regardless of credit, regardless of down payment. Text "Credit" to 561-861-2366 to learn more about building your financial edge and unlocking real estate success through good credit!

More Insights

5 Reasons Why IRAs and Real Estate Go Well Together

1. Compounding Growth: Real estate investments within an IRA benefit from tax-deferred or tax-free compounding, significantly enhancing long-term growth.
2. Hedge Against Inflation: Real estate typically appreciates over time, providing a hedge against inflation and protecting your purchasing power.
3. Income Generation: Rental properties within an IRA generate passive income, which can be reinvested to further compound growth.
4. Estate Planning Benefits: IRAs, especially Roth IRAs, offer significant estate planning advantages, allowing you to pass on real estate investments to heirs with favorable tax treatment.
5. Enhanced Financial Security: Diversifying your retirement portfolio with real estate can enhance your financial security, providing multiple streams of income and long-term capital appreciation.

Don’t miss out on our upcoming workshops. Text "EDGE" to 561-861-2366 to secure your invitation and start building your financial edge today!

Today, we explored the powerful synergy between IRAs and real estate. By leveraging these two financial tools, you can unlock significant tax benefits, diversify your portfolio, and build a robust retirement plan. Remember, knowledge is power, and understanding how IRAs and real estate can work together is a critical step towards financial success.

Thank you for tuning in to The Real Estate Show. But don’t just listen – use our show to get started in real estate investing. Tune in every weekday to our show, a literal seminar in every episode of The Real Estate Show. Don’t forget to attend our free online workshops, and join us tomorrow for our Tuesday Tools, Tips, and Techniques Edition, where you won’t want to miss valuable resources and insights to help you profit and succeed in the real estate world.

Remember, it’s a stone-cold fact that real estate is the best investment. Period. It’s the IDEAL investment. So remember to SHARE this show too! Sharing is really the opportunity to give and help others. Sharing REALLY is CARING!

This is Eric Willner, the Voice of Real Estate, signing off. See you tomorrow on The Real Estate Show.

Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.

Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.

 Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

 Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow 

 Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

#TheRealEstateShow, #The.Real.Estate.Show, #EricWillner, #AutomaticLandlord, #Saving vs Investing, #ThirdHome, #BestRealEstate, #WSBR, #AM740, #FM 96.9, FM 103.9, #WWNN, #AM1470, #MoneyTalkRadio, #TheRealEstateLife, #speakingempire, #GKIC, #makeamericagreatagain, #propertymanagement, #rent, #Saving, #Investing, #Debt Solutions, # So You Can Retire Debt-free, #RetireDebtFree, #VA Loan, #AutomaticDebtSolution