Listen "391: Could This New Legislation Mean the END of the Self-Directed IRA with John Hyre"
Episode Synopsis
Register for the VIRTUAL LIVE Creating Wealth conference on January 28 and 29, 2022. Visit JasonHartman.com today! Could new legislation be the end of the self-directed IRA? Jason Hartman is joined by tax attorney John Hyre to discuss new legislation that could impact your self directed IRA or 401K. You can also watch the video HERE. Key Takeaways: 1:30 New legislation is basically the destruction of the self-directed IRA 3:20 The legislation contains three major parts with the following consequences 6:38 John was one of the first to sound the alarm on his website HandsOffMyIRA.com 9:50 A government that is broke becomes predatory on its citizens 10:40 They're trying to force you off of Main Street into Wall Street 12:45 If this legislation passes, what should we do? What does this mean for your IRA or 401K? 17:31 Let's break down what Peter Thiel did with his Facebook stock 19:44 People with IRAs don't want to be forced out in two years 20:20 I don't think the people who wrote legislation live in the real world 22:28 What are some tips that you want to share 26:34 Corporations are becoming more of an arbitrage opportunity 27:16 Try this technique with Airbnb 28:04 C-Corp, S-Corp, or an LLC treated under Subchapter S 35:11 There is a provision that if you have an S-Corp that's old, roughly 1997 or older, you're allowed to convert it to an LLC tax free The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Watch, subscribe and comment on Jason's videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Free Mini-Book on Pandemic Investing: PandemicInvesting.com Jason's TV Clips: Vimeo.com/549444172 CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect What do Jason's clients say?: JasonHartmanTestimonials.com Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com Free white paper on the Hartman Comparison Index™ Guided Visualization for Investors: JasonHartman.com/visualization Jason's videos in his other sites: JasonHartman.com/Rumble JasonHartman.com/Bitchute JasonHartman.com/Odysee
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