Episode 40 - Building Purpose-Driven Wealth Using Your Self-Directed IRA
In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Mindy Gayer talk about the fundamentals to help you better understand self-directed IRAs.. A lot of people don't understand the different assets inside self-directed IRAs. Because of...
In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Mindy Gayer talk about the fundamentals to help you better understand self-directed IRAs.. A lot of people don't understand the different assets inside self-directed IRAs. Because of it, there are many misconceptions. Here, Mindy simplifies the key components that make up a self-directed IRA, the broad spectrum of assets you can invest in self-directed IRAs, what happens when the IRS audits prohibited transactions inside your IRA, and so much more.
In this episode, Mindy talks about:
- The key to having self-directed IRAs
- Mindy Gayer, "if you can imagine it, you can invest in it."
- An example of what the IRS calls a prohibited transaction
- What is a single-member LLC?
- The different ways you can fund your self-directed IRA
- and so much more!
About Mindy Gayer:
Mindy Gayer leads The Entrust Group out of the Nashville, Tennessee office, which serves the Southeast Region. She joins Entrust with over 11 years of sales and relationship management experience, seven years of banking experience, and five years of retirement industry administration experience.
Mindy started in the financial industry at a very early age, when she first began working at a banking institution in high school and continued throughout her college career. She holds a bachelor's degree in Business Management from Southern Illinois University in Carbondale, Illinois. She takes a lot of pride in her business and financial background.
The retirement industry has always been of interest to Mindy. She feels that it is very important to offer education to all individuals on their options for diversifying their retirement portfolios using alternative investments through a self-directed IRA.
Follow Mindy Gayer on:
Website: https://www.theentrustgroup.com/
LinkedIn: https://www.linkedin.com/in/mindy-gayer-8bb48b90/
Phone: 615-900-4015
Email: mgayer@theentrustgroup.com
Connect with Mo Bina on:
Website: https://www.high-risecapital.com/
Medium: https://mobina.medium.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index
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