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Investing In Real Estate Podcast

How are distributions taxed on a self-directed IRA? This is an excellent question, and the answer is: it depends! On this Q&A episode of Investing in Real Estate, we’re going to explore this topic and more.

On today’s show, I’m answering three great real estate investing questions on IRA distributions, paying down a variable rate HELOC, and what’s behind our national debt in this country. Click play to hear my answers to your questions.

On this episode you’ll learn:

  • How distributions are taxed in a self-directed IRA.
  • Ideas for paying down a variable-rate HELOC faster.
  • What’s behind the US’ national debt.
  • And more!

How Distributions Are Taxed in a Self-Directed IRA

Distributions on any retirement account are going to be taxed depending on how your account is set up. Personally, I prefer a Roth account, that way my funds can grow tax-free. My personal intent is to be wealthier at retirement, so I’d rather pay taxes upfront than at retirement. I highly suggest checking out the interview I just did with Mat Sorensen and Hayley Neeley, where we discussed self-directed accounts in depth.

Ideas for Paying Down a Variable-Rate HELOC Faster

Paying down a variable-rate HELOC shouldn’t be much different than paying down any other loan. You’ll want to make big payments toward your principal balance, so that the interest is less. If you’re really struggling with this debt, I’d suggest seeing if there’s a way you can restructure it. Reach out to Dan Kraus at Churchill Mortgage to see if there are any products that can help you reach your goals faster.

What’s Behind the US’ National Debt

There are two main components to national debt: intragovernmental, which is held by the Federal Reserve, and public debt, which is owned by private investors, institutions, US savings bonds, and other foreign governments. Much of our public debt is held by China. We borrow from China to build up military strength… against China, which doesn’t make much sense.

Ask Me a Question at morrisinvest.com/clayton

Episode Resources
Book a Call with Our Team
Wall Street Is Terrified About This – Interview with Mat Sorensen and Hayley Neeley 
Dan Kraus at Churchill Mortgage
morrisinvest.com/Clayton
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Download the free Financial Empowerment Bootcamp
Subscribe to Investing in Real Estate on Apple Podcasts 
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

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Posted on

April 29, 2024

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