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#68: No Bouncers At The IRA Club Door with Dennis Blitz & Kasia Macioch

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Manage episode 403241004 series 3234502
Content provided by Amer Abdullah. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amer Abdullah or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Whats up y'all?

Episode 68, thank you for tuning in.

This is the IRA episode with the IRA club, not a night club, Its a place where you try and make some extra cash without getting taxed. We get to know Dennis and Kasha better as they break down how to make money in your IRA tax free. What are the pros man, I've never met people who know IRA's better than these people. They're strongly strongly well versed in IRAs. So sit back, relax and you're about to learn how to make some cheddar for free without tax baby.

Peace!

SHOW HIGHLIGHTS:

01:05- IRA Club

01:35- Mutual funds/ Bank CDs

03:35- 1-800/Fidelity

07:10- Real estate & IRA

09:35- Dennis origin into investing/ IRA Club

11:25- How they both met

13:48- Roth IRA/401K

15:00- Tax code/ Social security

17:50- IRA's can be inherited

20:20- Roth IRA's

21:20- Assets going into in IRA/ One hour annuity/ Prohibitive transactions

24:10- Retirement plans other than 401K, IRA

24:40- Buy assets, prohibitive transactions

25:50- What is self dealing?

28:40- Start the IRA first

32:53- Hard money lending

33:29- Baby shark/ Copyrights

36:30- High interest rates, IRA loans

38:10- Roth IRA loans

41:06- PayPal bought by eBay

42:13- 12000 investing with the IRA, Mobile homes

46:35- Traditional vs Roth

50:05- Roth is not taxable, better for younger people

53:10- Real estate syndication

53:30- Life insurance/ Life settlements

01:00:40- Plugs

01:01:43- Millennials & IRAs

Connect with Amer and BNOS:

Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2

Visit the Amer Abdullah BLOG: http://amerabdullah.com/

Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit

Follow BNOS on Twitter: https://twitter.com/theamerabdullah

Follow BNOS on Instagram: https://www.instagram.com/theamerabdullah

--- Support this podcast: https://podcasters.spotify.com/pod/show/business-news-and-other-sheet/support
  continue reading

96 episodes

Artwork
iconShare
 
Manage episode 403241004 series 3234502
Content provided by Amer Abdullah. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amer Abdullah or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Whats up y'all?

Episode 68, thank you for tuning in.

This is the IRA episode with the IRA club, not a night club, Its a place where you try and make some extra cash without getting taxed. We get to know Dennis and Kasha better as they break down how to make money in your IRA tax free. What are the pros man, I've never met people who know IRA's better than these people. They're strongly strongly well versed in IRAs. So sit back, relax and you're about to learn how to make some cheddar for free without tax baby.

Peace!

SHOW HIGHLIGHTS:

01:05- IRA Club

01:35- Mutual funds/ Bank CDs

03:35- 1-800/Fidelity

07:10- Real estate & IRA

09:35- Dennis origin into investing/ IRA Club

11:25- How they both met

13:48- Roth IRA/401K

15:00- Tax code/ Social security

17:50- IRA's can be inherited

20:20- Roth IRA's

21:20- Assets going into in IRA/ One hour annuity/ Prohibitive transactions

24:10- Retirement plans other than 401K, IRA

24:40- Buy assets, prohibitive transactions

25:50- What is self dealing?

28:40- Start the IRA first

32:53- Hard money lending

33:29- Baby shark/ Copyrights

36:30- High interest rates, IRA loans

38:10- Roth IRA loans

41:06- PayPal bought by eBay

42:13- 12000 investing with the IRA, Mobile homes

46:35- Traditional vs Roth

50:05- Roth is not taxable, better for younger people

53:10- Real estate syndication

53:30- Life insurance/ Life settlements

01:00:40- Plugs

01:01:43- Millennials & IRAs

Connect with Amer and BNOS:

Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2

Visit the Amer Abdullah BLOG: http://amerabdullah.com/

Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit

Follow BNOS on Twitter: https://twitter.com/theamerabdullah

Follow BNOS on Instagram: https://www.instagram.com/theamerabdullah

--- Support this podcast: https://podcasters.spotify.com/pod/show/business-news-and-other-sheet/support
  continue reading

96 episodes

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