May 31, 2020
This Sunday, we focus on owning real estate within pre-tax IRAs and why it may not be the most efficient for your money. Brian Wiley talks about 1031 exchanges and how real estate investors use them to create REAL wealth with their investments. He also explains how using an IRA makes you lose a "step-up in basis" when transferring investments, which is losing a huge benefit and may cost you thousands. Plus, Brian talks 401(k), IRA, and HSA distributions and gives us a quick investing 101 for the absolute beginner.