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!