Podcast appearances and mentions of edwin kelly

In this episode, we dive deep into the pros and cons of self-directed IRAs to help you determine if it's the right choice for your retirement planning. Self-directed IRAs offer more control and flexibility, allowing you to invest in alternative assets like real estate, crypto, and private equity, but they also come with risks you should understand.We'll explore how self-directed IRAs work, the hidden fees you might face, and the differences between a traditional IRA and a self-directed retirement account. If you've ever wondered whether you should get a self-directed IRA, this episode will give you all the answers you need, including key benefits, potential risks, and investment strategies.My guest today, Edwin Kelly, a leading expert on self-directed retirement accounts, joins me to break down real-world examples of investing with a self-directed IRA. Learn how to minimize fees, reduce risk, and make smarter investment decisions that could impact your financial future.By the end of this episode, you'll have a clear understanding of how self-directed IRAs can help you grow your wealth while providing greater control over your retirement strategy. Make sure to watch to the end and subscribe for more retirement investing strategies and wealth-building tips.

In today's episode, we're breaking down exactly what you can invest in using a self-directed IRA. If you've ever wondered how to move beyond traditional retirement investments like stocks, bonds, and mutual funds, this is the episode for you. We're talking about real estate investing, loans, syndications, crypto, private equity, and even unique assets like vending machines, cell towers, and bull semen (yes, really).Joining me today is Edwin Kelly, CEO of Specialized Trust Company. Edwin is one of the top experts in self-directed retirement accounts, and he's here to share how these accounts work, the rules you need to know, and how they can help you reduce hidden fees while gaining control of your investments. We'll also cover what's prohibited, how to avoid costly mistakes, and how to maximize the tax benefits of alternative investing.By the end of this video, you'll have a clear understanding of what's possible with a self-directed IRA and how you can use it to grow wealth with more transparency and flexibility.Topics Covered

Curious about how to set up a Self-Directed IRA? In this step-by-step guide, I am joined once again by Edwin Kelly to break down the process, including how to fund your account and choose the right custodian, like Specialized Trust Company.This episode is a step-by-step guide teaching you how to set up your self-directed IRA account and how to use it to invest in real estate and plan for your retirement. Whether you're a beginner or a seasoned investor, learn how to leverage a Self-Directed IRA to invest in real estate, minimize taxes, and grow your retirement account.Don't miss these actionable tips to take control of your tax planning! Be sure to like this episode and subscribe for more real estate episodes!

Curious about how to set up a Self-Directed IRA? In this step-by-step guide, I am joined once again by Edwin Kelly to break down the process, including how to fund your account and choose the right custodian, like Specialized Trust Company.This video is a step-by-step guide teaching you how to set up your self-directed IRA account and how to use it to invest in real estate and plan for your retirement. Whether you're a beginner or a seasoned investor, learn how to leverage a Self-Directed IRA to invest in real estate, minimize taxes, and grow your retirement account.Don't miss these actionable tips to take control of your tax planning! Be sure to like this video and subscribe for more real estate episodes!

Discover how to buy real estate with a self-directed IRA and unlock unique strategies for real estate investing through retirement accounts.In this episode, I am joined by Edwin Kelly as he breaks down the benefits of using a self-directed IRA and key steps to grow your real estate investment and retirement portfolio.This episode is an in depth guide on everything you need to about buying real estate with a self-directed IRA and tips for investing in real estate TAX FREE!You don't want to miss this episode so be sure to watch till the end. Be sure you like this episode and subscribe for more real estate episodes!Check out Edwin's website to get a free consultation ▶️ https://specializedtrustcompany.com/

Today's Flashback Friday is from episode 542 published last July 15, 2015. The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason's guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee's to help you make educated decisions about your investment future. You'll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know.  Key Takeaways: Jason's Editorial: 2:15 Self directed IRA investing 4:32 Nathan asks about out of state rental properties  5:32 Have at least 4% of the properties value in the bank as an emergency fund 7:35 Steve asks about Jason's foundation 9:38 Steve also asks about credit history and bankruptcy 12:32 Asset based financing; a hard money loan Edwin Kelly Interview: 14:55 Would Donald Trump be a good president? 16:30 Invitation for Warren to be on the show 17:24 IRA Custodians, Administrators what's the difference? 18:27 What are the fee's of self-directed IRA's 19:48 There is no fee sharing or back end money 21:06 A customized approach to IRA's 25:34 People need passive income  26:13 An everyday example of buy and hold real estate investing 30:37 Solo 401k or Individual 401k 35:12 Solo k paperwork was cumbersome and complex  36:21 $400 annually for a self directed IRA and $700 for a 401K 38:58 HSA - Health Saving Account  40:19 An HSA works by marrying the tax benefits of the traditional and Roth IRA's  41:48 Are you able to pay for proactive executive health physicals via an HSA? 43:17 Breast Augmentation for medical reasons is a qualified medical expense 45:43 An HSA is not a Flexible Saving Account 46:21 Investing in buy and hold real estate from the HSA 48:01 HSA and IRA are fairly easy to administer 48:46 An LLC inside of an IRA?  51:34 Multiple LLC's for asset protection Mentions: Specialized IRA Services    Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Learn More: JasonHartman.com Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper Free Report on Pandemic Investing: PandemicInvesting.com Jason's TV Clips in Vimeo Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect Special Offer from Ron LeGrand: JasonHartman.com/Ron What do Jason's clients say? JasonHartmanTestimonials.com Contact our Investment Counselors at: www.JasonHartman.com Watch, subscribe and comment on Jason's videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Guided Visualization for Investors: JasonHartman.com/visualization Jason's videos in his other sites: JasonHartman.com/Rumble JasonHartman.com/Bitchute JasonHartman.com/Odysee Jason Hartman's Extra YouTube Channel Jason Hartman's Real Estate News and Technology (RENT) YouTube Channel

I've been getting asked by many clients if you can use your 401K to invest in real estate? In today's video, we have a very special guest Edwin Kelly and he is here to talk to us about using your 401K to invest in real estate. We will go over how to buy real estate with your 401K, the tricks and tips you need to leverage your retirement account to buy real estate, And how you can use yours as a tool in your investment journey.Other topics discussed:- What you can and cannot do with your 401K- Should you use your 401K to buy real estate- Different ways to use your retirement money to invest- Difference between IRA and 401K- And much more!Watch the full interview to better understand how you can benefit from borrowing your money from your retirement accounts.

Welcome to the Real Estate Masters podcast, where we interview the top names in the Real Estate game. If you want to grow your Real Estate business, see more podcasts or give free resources - Go to www.REMCommunity.com. The only podcast that allows you to directly connect with the guests and many of the highest level names in the real estate game. You are in for a treat with our next guest. Do me a favor, subscribe to the podcast, leave us a review, and don't forget to go to REMCommunity.com to connect with some of the highest level Real Estate professionals in the United States through our community and through our high-level masterminds. Let's go. Want to learn the secret of legally avoiding taxes when investing?  Edwin Kelly specializes in helping clients self-direct their retirement, education, health savings, and 401(k) accounts into alternative assets. He is a Founder and currently serves as CEO of Specialized Trust Company. Listen in as we talk about self-directed IRAs and how to use your retirement funds for real estate investing!  Thanks for listening. Now go to www.REMCommunity.com to connect with today's guest. See our high-level masterminds, and to get free resources. Don't forget to share this with a friend and leave us a five-star review. We'll see you on the next episode.

Join JD and Melissa on the show today with Edwin Kelly as they talk about private money! He's the CEO and founder of Specialized Trust Company and one of the country's leading experts in the self-directed retirement account space. Sounds too good to be true? Stay tuned, and find out for yourself!   Here's what to expect on the podcast: If you have zero control over your money, then what's the point? Take control of your financial life! The differences between self-directed IRA's from “plain vanilla” IRA's. How can real estate investors use self-directed accounts to their advantage? Why has there been an increase in people moving money from the stock market to self-directed accounts? How does all of this work in the first place? And much more!   About Edwin Kelly: Edwin Kelly is America's leading expert on Self-Directed Retirement accounts and self-directed investment strategies. He has more than 24 years of experience in the Financial Services Industry. He worked for such notable companies like UBS and BISYS. Edwin is a Founder and currently serves as CEO of Specialized Trust Company.   Connect with Edwin Kelly! Website: https://specializedtrustcompany.com/ LinkedIn: https://www.linkedin.com/company/specialized-trust-company/ Facebook: https://www.facebook.com/specializedtrustcompany   Connect with JD, Annabel, and Melissa! Website: https://therealestatejam.com/ Facebook: https://www.facebook.com/therealestatejam/ Instagram: https://www.instagram.com/therealestatejam/ YouTube: https://www.youtube.com/channel/UCa_CWAV1OvH81yp6fITB4lg Shorefront Investments: https://shorefront-investments.com/ Email: therealestatejam@gmail.com

This episode of Flashback Friday was originally published: July 15, 2015 The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason’s guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee’s to help you make an educated decisions about your investment future. You’ll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know. Key Takeaways: Jason’s Editorial: [2:02] Self directed IRA investing [4:19] Nathan asks about out of state rental properties [5:19] Have at least 4% of the properties value in the bank as an emergency fund [7:22] Steve asks about Jason’s foundation [9:12] Steve also asks about credit history and bankruptcy [12:06] Asset based financing; a hard money loan Edwin Kelly Interview: [14:29] Would Donald Trump be a good president? [16:04] Invitation for Warren to be on the show [16:58] IRA Custodians, Administrators what’s the difference? [18:01] What are the fee’s of self-directed IRA’s [19:22] There is no fee sharing or back end money [20:40] A customized approach to IRA’s [24:08] People need passive income [25:47] An everyday example of buy and hold real estate investing [30:11] Solo 401k or Individual 401k [34:46] Solo k paperwork was cumbersome and complex [35:55] $400 annually for a self directed IRA and $700 for a 401K [38:32] HSA – Health Saving Account [39:53] An HSA works by marrying the tax benefits of the traditional and Roth IRA’s [41:22] Are you able to pay for proactive executive health physicals via a HSA? [42:51] Breast Augmentation for medical reasons is a qualified medical expense [45:17] An HSA is not a Flexible Saving Account [45:55] Investing in buy and hold real estate from the HSA [47:35] HSA and IRA are fairly easy to administer [48:20] An LLC inside of an IRA? [51:08] Multiple LLC’s for asset protection Mentions: Specialized IRA Services

Entrevista di Dia pa awe 16/11/2020 tabata cu director di Directie Luchtvaart Edwin Kelly tokante aviacion durante un pandemia. Scuche akinan!

En este episodio entrevistamos a Edwin y Kelly, fundadores de Abrego Concept, diseño y styling de bodas y Better Together, agencia de wedding planning, ambas empresas afincadas en El Salvador. En esta entrevista hablaremos de sus comienzos, de como han decidido trabajar en el sector de las bodas, la evolución de las mismas, la situación actual y mucho, mucho más. Una charla muy alegra y amena. Accede a nuestro contenido: Website: https://www.juliets.es/contenidos/ Instagram: https://www.instagram.com/juliets_wedding_planners/ Telegram: https://t.me/julietsbodas Facebook: https://www.facebook.com/juliets.es/ Podcast: https://anchor.fm/juliets Blog: https://juliets.es/blog/

On today's episode, we sit down with Edwin Kelly. Edwin is America's leading expert on Self Directed Retirement accounts and self-directed investment strategies. He has more than 24 years of experience in the Financial Services Industry. Edwin is a Founder and currently serves as CEO of Specialized Trust Company. Prior to founding Specialized Trust Company, Edwin helped grow one of the largest Self-Directed IRA Custodian's in the industry. In our conversation, he shares his expertise with us. To learn more about Edwin and his company visit https://specializedtrustcompany.com.

https://www.youtube.com/watch?v=RlydBGujc2k Do you have money in a retirement account that you wish you could use to invest in real estate?  Today, we're talking about self-directed accounts and investment strategies, with Edwin Kelly, the CEO of Specialized Trust Company.   So, if you want to know how to best use qualified plan money to help you reach your financial goals and invest in real estate, figure out if you should continue funding self-directed IRAs, and maximize the ability to use your money and minimize taxes so you can best use every dollar towards creating time and money freedom, tune in now! Who Is Edwin Kelly? Edwin Kelly is America's leading expert on Self Directed Retirement accounts and self-directed investment strategies. He has more than 24 years of experience in the Financial Services Industry. He worked for such notable companies like UBS and BISYS. Edwin is a Founder and currently serves as CEO of Specialized Trust Company.  Prior to founding Specialized Trust Company, Edwin helped grow one of the largest Self-Directed IRA Custodians in the industry.  Edwin is an avid educator. He adds value to clientele by developing significant knowledge assets at every company he has worked with. His passion for helping others learn about their Self-Directed IRA options has made Edwin a popular and engaging speaker. He is frequently invited to speak at seminars and workshops, in webinars, and as a radio guest. Edwin has made several special appearances on the Money Show, and his work and ideas have been featured in major national magazines and newspapers throughout the United States. Topics he is frequently asked to speak about include: What the average person can do to take charge of their finances so they can stop worrying about money and look forward to a comfortable retirement.Little-known investment strategies that have helped people retire sooner than they expected.Completely legal secrets to growing wealth tax-free. Specialized Trust Company is a member of RITA (The Retirement Trust Association). Edwin attended The Ohio State University and holds an MBA from Franklin University. He is the co-author of the bestselling book Leverage Your IRA. He is currently writing his next two books: The Retirement Dilemma and 7 Specialized Strategies You Can Implement to Solve It, as well as The Shift. Self-Directed Account Topics Covered: The basic difference between plain vanilla qualified plans and self-directed retirement plans.How self-directed accounts provide a way to invest money inside a 401(k), 403(b), IRA, TSP, 529, Solo 401(k), SEP IRA, or Simple IRA into alternative investments like real estate, notes, precious metals, bitcoin, etc.Self-directed IRAs can be tax deferred or tax-free.Three steps to self-directing.The difference between tax deferral and tax free accounts.The types of alternative assets you can invest in with a self-directed account.Why you want to keep all self-directed investments at arms length to avoid self-dealing.When you would want to invest in real estate inside a self-directed IRA, and when you would want to invest in real estate outside a self-directed IRA. Self-Directed IRA Top Takeaways: Self-directed accounts are government-sponsored plans. If you use them, you have to play by the government's rules.If you defer a tax, you lose control because you postpone taxes to an unknown future tax environment.When deciding whether to invest in real estate inside or outside of a self-directed plan, you need to consider your goals. You can invest for appreciation inside a self-directed plan, but not for cash flow. That's because, inside a self-directed plan, you cannot depreciate real estate and you cannot personally receive the real estate cash flow. However, at the sale of the property, all income goes back into the self-directed account and you avoid capital gains taxes. So if you are investing for cash flow today to increase your net investible...

Hey everybody, welcome back to the show. I'm here with my buddy, Edwin Kelly from Specialized Trust Company. I use his trust company for all my retirement investing and they work with a lot of real estate investors. Today, we are going to talk about what's going on with all these Covid-19 changes and what's changing with retirement accounts. Also, we'll talk about how based on where the market is, what you should be doing differently right now to plant the seeds for your retirement. To learn more about Investor Fuel, please visit InvestorFuel.com!

Mike Fisher interviews Edwin Kelly who teaches you how he earned up to $40,000 TAX FREE income each month utilizing retirement accounts, starting with only $500. This guide can help you increase your income as well! With all the information, knowledge, and experience in this video, Kelly mentors during this podcast, along with Fisher, to help you achieve Financial Freedom. Don't miss out on this opportunity! Show your appreciation by liking this video, commenting, and sharing it with someone you know who could use more money. Subscribe to our YouTube Channel for a visual aid with this episode: https://www.youtube.com/channel/UCOMnmk7_Lz4xy9GoVRfIDRg?sub_confirmation=1 Also be sure to grab Kelly's free book here: https://specializedtrustcompany.com/ Opt-in for more information on increasing your cash flow: https://cabinvestments.activehosted.com/f/3 Visit our website: https://www.mfcashflow.com/ Follow us on Facebook: https://www.facebook.com/mfcashflow/ Follow us on Instagram: https://www.instagram.com/getcashflowtoday

Edwin Kelly is the CEO & founder of Specialized IRA Services. He’s on the show today to talk about all things dealing with self-directed retirements savings accounts, including self-directed IRAs, Health Savings Accounts, and other Roth strategies. In addition to information on these types of accounts, Edwin breaks down some numbers to demonstrate the benefits of investing in these types of accounts. There is a lot of information in this episode, but all with the goal to help you maximize long-term wealth for you and your family.   Key Takeaways:   [1:30] Edwin’s career started when he was back in sixth grade; he started working odd jobs and investing the money he made into essentially a brokerage account. He realized that he made more money when he invested his money than he did working for it. He saw a need for a provider that offers a service and support for clients. [4:20] People are hesitant about self-directed retirement accounts. One of the biggest mistakes people make is that they don’t have a Roth strategy; a Roth account is one where you make a contribution today and it grows tax-protected, so you don’t pay taxes on the distributions when you pull it out. [8:10] To be successful, you want to have an income goal. Edwin shares some numeric examples of how a Roth account can help you make more money. There are three account categories: IRAs, small business retirement plans, and tax advantage specialty accounts. [14:00] For people in the real estate investing business that want to make money for today, there are a few different strategies. One approach is to look at the type of investments and where are you holding them; this could be a rental property within the retirement account. The other approach is to do any extra business each month into a retirement account. [17:20] There are three steps to establishing a self-directed account. These are the three D’s: Decide you want to build wealth for your future through self-directed accounts. Deposit money into that account, whether through contributions or a transfer of funds. Finally, Direct your money into an investment you want to make. It all begins with deciding this is something you want to commit to doing. [20:05] When it comes to a retirement account, you’ll always have access to the money. What will change depending on time and other limits is whether or not the contributions are taxed. For a real estate investor, you can also pursue other types of investments outside of your retirement accounts, but keep in mind the tax treatment. [23:10] Health Savings Accounts came back in 2004. The government combined the tax benefits of the Roth IRA with the tax benefits of the traditional IRA. An HSA is a critical part of your overall plan because healthcare is typically the single largest expense in a household. If you want to use that money, you’re using pre-tax dollars to pay for your healthcare. [26:15] In addition to the immediate benefits of the HSA account, if you have just one cash-flowing asset in that account, that will be all you need to last you in the future as well. [29:35] When should people start a retirement savings account? If you’re hesitant about starting one of these types of accounts, remember that you can create more wealth by taking the taxes off the table. You don’t have to choose between your wealth today and in the future. You can have accounts working concurrently. [34:15] Another major benefit of these types of accounts is asset protection. Any assets that are within a retirement account are safe. To maximize and protect your wealth, it is important to have cash flow today and understand the benefits of a self-directed account. [38:35] If you go to Edwin’s website (linked below), you can get a copy of his book for free, as well as a free consultation. In the consultation, you can map out a plan with one of their specialists.   Mentioned in This Episode:   Meetings Daily REIA Show REI Facebook Page Brian’s Book Edwin’s Website — Specialized IRA Services

Ken Holmes has seen (and done!) every type of deal you can possibly imagine! Ken started his real estate career in 1987 and has learned a thing or two during that time. On the show, Ken shares his wisdom of what he wished he'd known sooner and shares his financial freedom formula on how you can replace your 9-5 money with real cash flow that will keep and sustain the lifestyle you've always wanted.   Key Takeaways: Ken got his start as a real estate appraiser in 1987 and flipped his first house in 1997. Ken had this goal to make $500,000 a year, but he never put much thought into ‘why.' Ken shares his formula for financial freedom. It comes down to asset x rate of return - taxes = lifestyle. If you make 8% on your money and you're paying taxes, you need roughly $2m in assets to make $10,000 a month. However, if you can make 15% on your money and pay no taxes (through a self-directed IRA), you would only need to have $800k in assets to make $10,000 a month. Your goal shouldn't be to make your first million, it should be to increase your cash flow. Before setting a net worth or cash flow goal, define the kind of lifestyle you want! FYI - The desired lifestyle you want is (likely) a lot cheaper than you think it is. Ken shares a creative deal he did with a church. Get creative with your deal structures and you can easily get that 15% return on your money. Ken stresses the importance of understanding what a self-directed IRA can do for you and your money. The biggest expense you'll probably have in your lifetime is taxes. Alex shares Ken's steps to financial freedom. What piece of advice would Ken give his younger self? Stay debt free! Mentioned in This Episode: Ken on FacebookEpisode 290: “Edwin Kelly on Leveraging Self-Directed Accounts to Build Wealth and Grow Your Portfolio Tax-Free” Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com Click Here to apply for our next Holiday Mastermind in Punta Cana, Dominican Republic! If you are interested in joining our team, you can Apply Here Do you have an existing business? Already closing deals, but feel there is a better way? Connect with Alex here about working with him 1-on-1 Let's Connect on Instagram: @alexpardo25   Tweetables: “I just don't go the debt route. When you talk about financial freedom, you sum it up by making more money than you need and investing that excess in things that produce cash flow. That's it.” “What would you do if somebody dropped $10m in your bank account? What would your lifestyle cost? It's often way less than what you might think.” “When you get a good deal. Stop for a second and think. What else could I do with it?” Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Edwin Kelly is the owner of Specialized IRA Services. He helps investors leverage their self-directed tax-advantaged accounts so that they can successfully grow their retirement fund, family legacy, and business. In this week's episode, Edwin explains how you can build wealth in a tax-free environment and how you can get smarter about your retirement even when it's ‘too late.'   Key Takeaways: Edwin is an expert when it comes to leveraging self-directed IRAs. Who is Edwin and how did he get started in this field? What are self-directed accounts? Edwin explains the type of tax protection and asset protection you can have through a self-directed account. What are the different types of self-directed accounts you can choose from? Who would not benefit from something like this? How can you get started? Edwin shares a case study of how a typical transaction would play out. How can you fund your child's education with a self-directed account? Feel like you've missed the boat when it comes to saving for your retirement? You can easily start your self-directed account now. When doing deals in a self-directed account, how do you pay your team after a wholesale transaction has been made? What advice would Edwin give to his younger self? Mentioned in This Episode: Connect with Edwin & his team: Specializediraservices.com Feel free to connect with Alex about doing a JV! Email him at alex@flipempire.com Click Here to apply for our next Holiday Mastermind in Punta Cana, Dominican Republic! If you are interested in joining our team, you can Apply Here Do you have an existing business? Already closing deals, but feel there is a better way? Connect with Alex here about working with him 1-on-1   Tweetables: “The two high-level benefits of a self-directed account are tax protection and asset protection.” “It is not uncommon for somebody to build their retirement in 7-10 years and be out.” “The idea is to get started if you don't already have a self-directed account.” Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!

Jason Hartman talks with Edwin Kelly, founder & CEO of Specialized IRA Services, about some of the creative ways you can use your self-directed IRA to invest in non-stock market related assets. Edwin provides several case studies that show the power of self directing, as well as his "Triple D" process to help you on your way. Key Takeaways: [4:07] What is a Self Directed IRA and what kind of assets can you use them for? [6:56] Some unique strategies people are using in their IRAs [9:28] Borrowing against your solo 401k as a strategy [14:57] The Triple D process of Self Directed investing [16:47] The costs of using self directed funds Website: www.JasonHartman.com/Masters www.SpecializedIRAServices.com

Jason Hartman begins today's show discussing some of the cyclical markets that have seen their housing bubble burst, as well as some non-cyclical markets that could be in danger of the same thing. One of them, Colombus, surprised him. Then Jason talks with Edwin Kelly, founder & CEO of Specialized IRA Services, about some of the creative ways you can use your self-directed IRA to invest in non-stock market related assets. Edwin provides several case studies that show the power of self directing, as well as his "Triple D" process to help you on your way. Key Takeaways: [5:01] Cyclical markets have seen their housing bubbles burst and now it's starting to spread to other cities [7:16] People buy homes based on payments, not total price. [11:07] Colombus, OH is on the list of potentially being at risk of a bubble burst Edwin Kelly Interview: [15:07] What is a Self Directed IRA and what kind of assets can you use them for? [17:56] Some unique strategies people are using in their IRAs [20:28] Borrowing against your solo 401k as a strategy [25:57] The Triple D process of Self Directed investing [27:47] The costs of using self directed funds Website: www.JasonHartman.com/Masters www.SpecializedIRAServices.com

Many people would like a way to invest in real estate and pay less taxes. Well what a lot of people may not know, is that they may have the capital available to do this, they just have to move it around, get it into a self directed IRA, and have some professional guidance. Listen in for tips on executing this strategy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “South Dakota and New Mexico are the best states to get a license in” - Edwin Kelly Edwin Kelly Real Estate Background: Expert on Self Directed Retirement accounts and self-directed investment strategies CEO and Co-Founder of Specialized IRA Services He has more than 24 years of experience in the Financial Services Industry Based in Albuquerque, NM Say hi to him at Best Ever Book: Losing My Virginity by Richard Branson Sponsored by Stessa - Maximize tax deductions on your rental properties. Get , the essential tool for rental property owners.  

Edwin Kelly from Specialized IRA Services is here today to talk about the advantages and flexibility with a self-directed IRA. Whether you need income or tax savings, there are savings and investment vehicles that can help you meet your goals that aren’t tied to the ups and downs of the market. Today, he talks about how everyone needs a customized plan that fits their circumstances, and he talks about the benefits of using a Roth to withdraw tax-free income. It’s also possible to make creative investments like real estate. You are in the driver’s seat and can invest in anything that is legally allowed by the government. You can find Edwin here: Ask Loral Show Notes [01:12] Edwin is a custodian of IRAs. [01:36] When he was young, he read and studied about some of the great businessmen. [01:55] He knew he wanted to be in business, and he was looking for a niche. [02:01] From study, he noticed that starting a business in a new industry allows your business to expand as the industry expands. [02:14] He wanted to find something that would solve serious financial problems and seemed new. He discovered self-directed retirement accounts although they weren't really new. [02:51] Company-sponsored retirement plans haven't worked as well for people as they thought they would, because of company limitations on investments. [03:27] A self-directed space allows someone to get complete control over their retirement account and invest in anything allowed by the government. The possibilities are endless. [03:35] Edwin found that there wasn't a company doing what he was trying to do and he wanted to enable people to be able to invest in what they wanted. [04:01] There is some confusion about self-directed IRAs. There's what people call self-directed and then there is truly self-directed. [05:09] Most investment banks offer a self-directed fund where you can pick anything that they offer. This is limited to stocks, bonds, mutual funds, and CDs. [05:18] A better question to ask is can you buy a foreclosed property with your retirement account and have your retirement account pay to fix it up and then put a tenant in there and collect rent tax free. [05:49] A true self-directed retirement account has a custodian who allows you to invest in anything that the government allows you to invest in without restrictions. [06:24] There are probably less than 30 firms who specialize in what Edwin's firm does. [07:43] The government tells you what you can't do. You can't buy life insurance inside your retirement account. You can't buy collectibles and no self-dealing. Most everything else is allowed. [10:27] At Specialized they create custom plans for their clients. They use individual retirement accounts. Small business retirement plans like solo 401(k)s. The last category is tax-advantaged specialty accounts. [12:25] The Roth vehicle is the only one that allows us to go from forever tax to never tax. All income is not subject to tax. [14:34] You can invest in an LLC and it can hold all kinds of assets. [16:02] Self-directed retirement accounts are going to be part of your picture not all of the tools. Look at your rate of return and see where it makes sense to put something into a retirement account. Consult with an expert and optimize. [20:10] Edwin gives an example of the power of compound interest. [23:40] An example of a 53 year-old attorney who opened a Roth late. He then built a real estate portfolio within that Roth using leverage. His monthly distribution is now $40,000 a month tax free. He built that in 14 years. Links and Resources: Loral’s Real Money Talks Specialized IRA Services

Do you store your wealth in IRAs? Did you know that you can use that money to invest in real estate? Want to learn all about private money in the self-directed space? If you need cash, you need to go where the money is available to create long-term wealth. Today, my guest is Edwin Kelly, founder and CEO of Specialized IRA Services and Specialized Trust Company, which provide self-directed retirement accounts. Edwin describes how to create a fortune and build a real estate empire using your or someone else’s IRA. Topics on Today’s Episode: In 2017, $24.7 trillion was inside retirement accounts, and in 2018, it was $25.3 trillion; number increases because of new flow of funds into retirement plans Self-Directed: You have a retirement account that allows you to invest in anything that the government allows you to invest in $500 billion in retirement accounts is self-directed; small amount because most people are not aware of what they can do with their money - options are available 172 million Americans have retirement accounts, but only 1% has money set aside that they can actually invest; self-directing changes it from 1% to 70% $1 trillion is expected to come into self-directed accounts in the next decade; people will be looking for investment opportunities that appeal to them Stock market does not generate predictable and consistent income, but real estate is an alternative and the Holy Grail to make such income People look for alternatives; view stock market as not viable standalone option 5 in 100 Americans were financially secure by age 65; 95% failed to create financial wealth or security Investment uncertainty, fees, volatility, and taxes affect wealth creation Record lows follow record highs in the stock market; people become emotional and don’t understand the market or make rational decisions - buy high, sell low Create Wealth: Eliminate taxes, fees, commissions, and uncertainty Is using IRA funds for real estate investments illegal or not? IRS sets restrictions Incorporate private money as part of investment portfolio and capital structure 3 Steps to Success: Open an account, deposit money in the account, and direct money into an investment Links and Resources Mentioned: Specialized IRA Services A Foolish Take: What goes down must come up for the market IRS IRA FAQs Merrill Lynch Edward Jones Chase   Quotes: “If you’re looking to raise money, you’ve got to go where the money is.” Edwin Kelly “Self-directed is where you have a retirement account (that) allows you to invest in anything that the government allows you to invest in.” Edwin Kelly “Most Americans don’t have a lot of discretionary income or money sitting around.” Edwin Kelly “People just don’t trust the stock market because they don’t understand it.” Corey Peterson Don’t forget to download my Free Workshop Quickstart Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.

This is episode #415, and my guest today is my good friend, Edwin Kelly, CEO of Specialized IRA Services. I talk to lots of real estate investors, or those aspiring to get started. A common “need” from investors is access to more capital, and usually it’s said with the underlying belief that it’s difficult to get access to money. Today Edwin shares how there’s more than $25 Trillion (yes, capital “T”) in retirement accounts, much of which is looking for a new home. In fact, there’s over $500 Billion already in self-directed retirement accounts, and that amount is growing rapidly. The money you need to grow your real estate investing business is all around you. You just need more direction on how to tap into it, and direction on how to do it in a way where you're providing incredible value to those folks in the process, certainly relative to where they have their money parked today. We talk all about it on today’s show. Please help me welcome Edwin Kelly to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.

This is episode #415, and my guest today is my good friend, Edwin Kelly, CEO of Specialized IRA Services. I talk to lots of real estate investors, or those aspiring to get started. A common “need” from investors is access to more capital, and usually it’s said with the underlying belief that it’s difficult to get access to money. Today Edwin shares how there’s more than $25 Trillion (yes, capital “T”) in retirement accounts, much of which is looking for a new home. In fact, there’s over $500 Billion already in self-directed retirement accounts, and that amount is growing rapidly. The money you need to grow your real estate investing business is all around you. You just need more direction on how to tap into it, and direction on how to do it in a way where you're providing incredible value to those folks in the process, certainly relative to where they have their money parked today. We talk all about it on today’s show. Please help me welcome Edwin Kelly to the show. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com."

"Uncle Sam" can have huge impact on profits and success as a real estate investor. Learn about self-directed IRAs and how they can benefit you.  Featuring guest Edwin Kelly,  Chief Executive Officer of Specialized IRA Services.

Many Real Estate Investors have heard that they can save big money on taxes and increase the value of their retirement funds by investing in real estate using a Self-Directed IRA, but they still haven't taken the steps necessary to make it happen. On today's episode we talk with Edwin Kelly, one of the nation's top experts on Self-Directed Retirement accounts to learn why they're such a great tool & vehicle for building legacy wealth.  Edwin also share's his Triple-D, three-step process: DECIDE that you want one and set it up properly, DEPOSIT the money you'll need to work with, and DIRECT that money into the investment vehicle of your choice. Edwin does a great job of simplifying the process in a way that might finally get you to take action.  He also shares stories of his clients who have used SDIRA's to eliminate their credit card debt, shield their wholesaling income from earned income tax, and created thousands of dollars in monthly retirement income off of an initial $4,000 investment. We also bring the conversation to a higher level when Edwin answers my questions about investing in syndications through SDIRA's and the consequences of UBIT and UDFI taxation on leveraged investments. I know you'll get a lot of great, action-able information from this conversation.  Edwin will also be a featured speaker at the RPOA's Annual Real Estate Investors FREE Conference and Expo, which is taking place February 22 - 24, 2018 in Grand Rapids, Michigan. You can go to rpoaonline.org to register for FREE!

Edwin Kelly is America’s leading expert on Self Directed Retirement accounts and self-directed investment strategies. He has more than 24 years of experience in the Financial Services Industry. He worked for such notable companies like UBS and BISYS. Edwin is a Founder and currently serves as CEO of Specialized IRA Services. During his career, Edwin has also helped set up a Self Directed IRA provider and grow it from 2 employees with approximately 300 accounts to 15 employees with approximately 3000 accounts. Edwin has helped one Self Directed IRA Custodian to become the largest in the industry. In 7 years, he grew the company from 97 employees to 300 employees, increased the Assets Under Custody from $2 Billion to $12 billion, and participated in the successful acquisition of 3 competitors. Edwin is an avid educator, adding value to clientele by developing significant knowledge assets at every company he has worked with. His passion for helping others learn about their Self Directed IRA options has made Edwin a popular and engaging speaker who is frequently invited to speak at seminars and workshops, in webinars, and as a radio guest. Edwin has made several special appearances on the Money Show, and his work and ideas have been featured in major national magazines and newspapers throughout the United States. Topics he is frequently asked to speak about include: What the average person can do to take charge of their finances so they can stop worrying about money and can look forward to a comfortable retirement Little-known investment strategies that have helped people retire sooner than they expected Completely legal secrets to growing wealth tax-free Edwin Kelly is a member of RITA (The Retirement Trust Association), attended The Ohio State University, and holds an MBA from Franklin University. He is the co-author of the bestselling book Leverage Your IRA. He is currently writing his next book, The Retirement Dilemma and 7 Specialized Strategies You Can Implement to Solve It. What you’ll learn about in this episode: The main two types of IRAs that exist The three things that you cannot do with IRAs How the government thinks & operates when it comes to handling IRAs Some of the more popular things that you can do with IRAs The critical difference between traditional IRAs & Roth IRAs Where most investments happen within IRAs A little-known rule when it comes to retirement account investing The importance of having open conversations about money & creating a financial plan Why you need to be committed to rewriting your family legacy Resources: REInvestorSummit.com/Specializedira REInvestorSummit.com/noteservicing REInvestorSummit.com/live REInvestorSummit.com/100 REInvestorSummit.com/101

While self-directed retirement accounts are becoming more and more common, there are a few 'alternatives' that have massive benefits that you need to know about. Specifically, Solo 401K accounts and Health Savings Accounts. Real estate investors and small businesses are in business to build wealth...and keep as much of their income as possible. If you're not familiar with these very powerful tools...you need to be. Edwin Kelly is the 2015 Winner for the Best Wealth Building Show on FlipNerd.com Get your copy of our FREE "Profiting with Rental Properties" Guide!

While self-directed retirement accounts are becoming more and more common, there are a few 'alternatives' that have massive benefits that you need to know about. Specifically, Solo 401K accounts and Health Savings Accounts. Real estate investors and small businesses are in business to build wealth...and keep as much of their income as possible. If you're not familiar with these very powerful tools...you need to be. Edwin Kelly of Specialized IRA Services joins us on the FlipNerd.com Expert Interview show to tell us more. You need to watch this! Do you want to be a real estate investor but need step-by-step guidance to help get you started? The Investor Machine is a 90-day program with training, weekly tasks, bi-weekly group calls, and more! Schedule a free call to discuss your goals today!

"Thanks for joining me today - I'm Mike Hambright, real estate investor and host of the FlipNerd Expert Interview show. Today's episode is the winner of the 2016 'Best Wealth Building Show' - where I interview Edwin Kelly. That's why we're real estate investors, right? To build wealth and along the way, minimize taxes...so we can become financially free. With no further delay - let's jump into this 2016 award winner. Are you financially free yet? If not, Edwin Kelly joins on today's show to talk about how to change that! Edwin is an expert in self-directed retirement investing, and shares some powerful tips in today's show. We discuss the 3 challenges that you may be facing (and how to change them), how to reduce, defer or eliminate your taxes, and how to take steps TODAY to improve your financial well being! Get your copy of our FREE "Profiting with Rental Properties" Guide!

"Thanks for joining me today - I'm Mike Hambright, real estate investor and host of the FlipNerd Expert Interview show. Today's episode is the winner of the 2016 'Best Wealth Building Show' - where I interview Edwin Kelly. That's why we're real estate investors, right? To build wealth and along the way, minimize taxes...so we can become financially free. With no further delay - let's jump into this 2016 award winner. Are you financially free yet? If not, Edwin Kelly joins on today's show to talk about how to change that! Edwin is an expert in self-directed retirement investing, and shares some powerful tips in today's show. We discuss the 3 challenges that you may be facing (and how to change them), how to reduce, defer or eliminate your taxes, and how to take steps TODAY to improve your financial well being! Get your copy of our FREE "Profiting with Rental Properties" Guide!

Get your copy of our FREE "Profiting with Rental Properties" Guide!

Are you financially free yet? If not, Edwin Kelly joins on today's show to talk about how to change that! Edwin is an expert in self-directed retirement investing, and shares some powerful tips in today's show. We discuss the 3 challenges that you may be facing (and how to change them), how to reduce, defer or eliminate your taxes, and how to take steps TODAY to improve your financial well being! Get your copy of our FREE "Profiting with Rental Properties" Guide!

Finally detailed information on self-directed savings plans. This episode contains information on the costs to set-up and administer a solo 401(k), traditional and Roth IRAs and an HSA (Health Savings Account). Edwin Kelly of Specialized IRA Services also shares tips and tricks for managing your savings account while building your personal wealth. He cites two examples of new investors who were able to gain wealth for their retirement in a short period of time.   Key Takeaways: [5:13] What is the difference between a custodian and an administrator? [8:57] Success in self-directed IRAs requires a customized approach [12:26] Self-directed IRAs offer sufficient passive income in a short period of time [13:45] Typical Americans can double their monthly retirement income [18:30] Additional benefits of traditional and Roth 401(k)s [23:01] How expensive is it to open up a solo k or a self-directed IRA? [26:50] The HSA marries tax benefits of both the traditional IRA as well as the Roth IRA [34:17] Invest in real estate for a cash flow machine that funds your HSA [35:56] How easy are investment plans to administer? [36:37] Should an investor add an LLC in an IRA?   Mentions: JasonHartman.com Specialized IRA Services

We have a great episode today! Alex and I are talking with Edwin Kelly, who’s expert in self-directed IRAs, which are meant for retirement accounts. But as you’ll hear in today’s episode, they play a very important role to investors in several ways. But, there are also several issues involved and you have to make […]

We have a great episode today! Alex and I are talking with Edwin Kelly, who’s expert in self-directed IRAs, which are meant for retirement accounts. But as you’ll hear in today’s episode, they play a very important role to investors in several ways. But, there are also several issues involved and you have to make sure you’re using IRAs the right way. So, Edwin will cover the good stuff about investing with IRAs and the things to be wary about in today’s great episode. Away we go…

Listen to This EpisodeIf you’re serious about flipping houses, building wealth for retirement, and slashing the taxes you owe, you NEED to listen to this interview!Honestly, this blew me away…Edwin is an IRA specialist… and let’s just say he’s a genius when it comes to administrating self-directed IRAs. I thought I knew everything I needed to know about my IRA… but I was wrong.Edwin may have just saved me over a million dollars with this one interview. Click the link below to listen!Episode 101: Show NotesA few takeaways from today’s episode.What a self-directed IRA is and how it works…The two categories of IRAs… and why getting the right one makes such a HUGE difference…The type of IRA that 98% of Americans have… and why it’s not the best option…The 4 things that a traditional IRA will allow you to invest in… and how a self-directed IRA opens up your options to far more opportunities…The core advantages of a self-directed IRA…How and when you can move funds from a company plan into your own IRA…3 ways to deposit money into a self-directed IRA…Contribution limits that affect much money you can deposit into an IRA in a given year…The difference between tax-deferred and tax-free accounts…How to invest in real estate through your IRA…The 2 ways you can potentially trigger a tax even in a tax-deferred or tax-free account…The huge debate about whether you can flip houses through your IRA, how many you can flip per year, whether you owe taxes on profits made, and more…A legal “back door” you can use to go way beyond the contribution limits for an IRA…And much more!Links and ResourcesTo learn more about self-directed IRAs or to set one up with Edwin and his firm, head over to SpecializedIRAServices.com. While your’e there, grab Edwin’s just-published book, which you can get for free! He’s also waiving the $97 consultation fee, so you can get a full consultation at no cost as well… definitely check it out!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while your'e at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff! If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them! The post HFHQ 101: How to Flip Houses Through a Self-Directed IRA (Without Paying Taxes): Interview With Edwin Kelly appeared first on House Flipping HQ. See acast.com/privacy for privacy and opt-out information.

The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason's guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee's to help you make an educated decisions about your investment future. You'll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know.    Key Takeaways:   Jason's Editorial: [2:02] Self directed IRA investing [4:19] Nathan asks about out of state rental properties  [5:19] Have at least 4% of the properties value in the bank as an emergency fund [7:22] Steve asks about Jason's foundation [9:12] Steve also asks about credit history and bankruptcy [12:06] Asset based financing; a hard money loan   Edwin Kelly Interview: [14:29] Would Donald Trump be a good president? [16:04] Invitation for Warren to be on the show [16:58] IRA Custodians, Administrators what's the difference? [18:01] What are the fee's of self-directed IRA's [19:22] There is no fee sharing or back end money [20:40] A customized approach to IRA's [24:08] People need passive income  [25:47] An everyday example of buy and hold real estate investing [30:11] Solo 401k or Individual 401k [34:46] Solo k paperwork was cumbersome and complex  [35:55] $400 annually for a self directed IRA and $700 for a 401K [38:32] HSA - Health Saving Account  [39:53] An HSA works by marrying the tax benefits of the traditional and Roth IRA's  [41:22] Are you able to pay for proactive executive health physicals via a HSA? [42:51] Breast Augmentation for medical reasons is a qualified medical expense [45:17] An HSA is not a Flexible Saving Account [45:55] Investing in buy and hold real estate from the HSA [47:35] HSA and IRA are fairly easy to administer [48:20] An LLC inside of an IRA?  [51:08] Multiple LLC's for asset protection   Mentions:   Specialized IRA Services 

On this Best Deal Ever Episode, we are joined by Edwin Kelly, CEO of Specialized IRA Services. Edwin has been in the self-directed retirement space for years and is a wealth of knowledge when it comes to how to most effectively utilize this vehicle to grow wealth. Listen in as he discusses how one of his clients turned $500 Roth Contribution into a $40,000 profit ... all inside of a tax free Roth account!