The Preferred Way: A Retirement Podcast: Recent Episodes
Preferred Trust Company
Unlock the full potential of your IRA with The Preferred Way, a retirement podcast that explores the often-overlooked powerhouse in the investment landscape: The Self-Directed IRA. Join us as we demystify this unique retirement account, offering insights into diverse investment options, alternative strategies, legal structures, and essential tax rules. Discover the untapped possibilities for maximizing your financial future through the world of Self-Directed IRAs.
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, Carrie Cook, CEO of Preferred Trust, discusses long-term and short-term investments in digital currency. The most popular digital currencies for self-directed IRAs are stable coins like Bitcoin and Ethereum. Cook emphasizes that investing in digital currency through an IRA should be a long-term play, not for day trading. He shares examples of clients who sold their digital currency at a loss instead of holding onto it for the long run. Cook also highlights the importance of doing research and due diligence on digital assets and the security measures taken by custodians like Preferred Trust. He explains the option of setting up an LLC owned by the IRA for clients who prefer short-term trading. The conversation concludes with a discussion on the security measures taken by Preferred Trust and the challenges of identifying digital currency transactions.
CEO Carrie Cook and Host Chris Trembly explore the differences between alternative and traditional investments, focusing on the types of alternative investments, ROI, liquidity, due diligence, and portfolio balance. They talk emphasizing the importance of diversification and education in making investment decisions.
Chris Trembly, Director of Operations at Preferred Trust, and Howard Crosby, CEO of LGX Energy, discuss the risk-reward profile associated with oil and gas investments. Howard explains that there are different ways to invest in oil and gas, such as directly investing in oil wells or buying stocks of companies involved in the industry. Howard also highlights the potential for income accumulation and substantial capital gains over time in retirement accounts!
Chapters
00:00 Introduction and Overview
04:41 The Challenges and Mitigation of Investing in Oil and Gas
09:20 Considerations for Investing with a Retirement Account
-To learn more about investing with LGX, you can visit their website or reach out to Preferred Trust.
-Visit our website: https://preferredtrustcompany.com/
-Follow us on Social Media: https://linktr.ee/preferredtrust
*Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, we explore the vital role of continuous learning and investigation in cryptocurrency investments. With Bitcoin's potential for monumental growth and its finite supply, the stakes are high. Discover how utilizing a self-directed IRA can offer tax advantages and empower you with control over your investments. We'll discuss the critical importance of assessing goals and risk tolerance before diving into the digital currency market.
Chris Trembly delves into the remarkable success story of Kenneth Baker in the realm of Digital Currency Investments. As a client at Preferred Trust, Mr. Baker has not only achieved significant success but also garnered invaluable insights and lessons from his journey in the digital currency market. Kenneth generously shares his experiences, providing a firsthand account of his path to success and the valuable lessons learned along the way.
00:00 Introduction and Background
03:08 Starting with a Self-Directed IRA
08:46 Choosing Investments: Bitcoin, Ethereum, and Solano
11:47 Setbacks and Lessons Learned
20:39 Advice for Those Considering Digital Currency Investments
25:31 The Importance of Research and Risk Tolerance
28:24 The Roller Coaster Ride of Cryptocurrency
31:11 Closing Remarks and Contact Information
-Visit our website: preferredtrustcompany.com
-Follow us on Social Media: https://linktr.ee/preferredtrust
*Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Martin Papp, the general partner and co-founder of Nova Haus, joins Carrie Cook to discuss how you can invest in Nova Haus with your Self-Directed IRA. He shares his background and experience in international real estate, particularly in emerging markets like Costa Rica, Colombia, Thailand, and Bali. Martin explains the process of selecting and building properties, emphasizing the importance of creating immersive experiences for guests. He also discusses the timing and risks involved in property development, as well as the investment structure and potential returns for investors. Video version available on YouTubeKey Takeaways:* Nova Haus is a short-term rental luxury real estate fund that focuses on developing properties in high-growth markets. * The company builds properties in emerging markets like Costa Rica, Colombia, Thailand, and Bali, where investors can achieve higher yields compared to the US market. * The property development process takes around 18 to 24 months. * Investors in Nova Haus's fund receive quarterly dividends and have the option to cash out their investment after three years with a targeted 100% return of capital. * The investor base for international luxury rental properties is diverse, including working professionals, crypto investors, and individuals with an appetite for alternative assets and overseas investments. * Investing in foreign assets offers benefits such as higher growth potential, tax advantages, and collateralization. * Self-directed IRAs can be utilized for investing in international luxury rental properties.
-Learn More about Nova Haus: https://www.thenovahaus.com/
-Visit our website: preferredtrustcompany.com
-Follow us on Social Media: https://linktr.ee/preferredtrust * Video Episode Available on YouTube: https://www.youtube.com/channel/UCWmXltRggXoj7IyDFlXXjug *Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Join Carrie Cook, CEO, and Chris Trembly, Chief Compliance Officer, to discuss the pros and cons of self-directed IRAs! The pros include diversification of assets, control of investments, tax-free or tax-deferred growth, potential for higher ROI, and inherent asset protection. However, there are also cons, such as the need to do thorough due diligence without a built-in advisor, potential tax implications, fees associated with self-directed IRAs, risks and complexities of IRA LLCs, and lack of liquidity.
Takeaways
- Self-directed IRAs offer greater control and diversification of assets.
- Investors must do thorough due diligence and understand potential tax implications.
- Alternative investments in self-directed IRAs have the potential for higher ROI.
- Fees associated with self-directed IRAs may be higher than traditional IRAs.
- Investing through an IRA LLC provides even more control and diversification.
- Investors must be aware of the risks and complexities of IRA LLCs.
- Self-directed IRAs offer inherent asset protection.
- Many alternative investments in self-directed IRAs are not liquid.
-Visit our website: preferredtrustcompany.com -Follow us on Social Media: https://linktr.ee/preferredtrust *Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this rapid fire round, Carrie Cook, CEO of Preferred Trust, asks Derreck Long, Wealth Manager at Eckard Enterprises, various aspects of investing in the oil and gas industry. The conversation quickly covers different ways individuals can invest in oil and gas, the risks involved, conducting due diligence, ongoing costs, the impact of governmental changes, myths and misconceptions, and future predictions for the industry. Derek provides valuable insights and advice for investors interested in oil and gas investments.Takeaways There are three common ways to invest in the oil and gas industry: working interest, mineral rights, and pipeline investments. * Investors should conduct proper due diligence by talking to other partners or investors and reviewing rate of return sheets. * Ongoing costs in oil and gas investments vary depending on the type of investment, with mineral rights having no additional costs and working interest potentially requiring capital calls. * Governmental changes, such as new regulations or policies, can impact investments in the oil and gas sector, but the industry tends to be resilient regardless of political factors. * Common myths and misconceptions about investing in oil and gas include the belief that it is only related to gasoline and the misconception that alternative energy sources will eliminate the need for oil and gas. * Experts predict a positive future for the oil and gas industry, with expectations of increasing oil prices and opportunities for investors to position themselves for potential growth. Chapters00:00Introduction00:30Chapter 1: Ways to Invest in Oil and Gas01:52Chapter 2: Risks and Mitigation in Oil and Gas Investments03:32Chapter 3: Conducting Due Diligence in Oil and Gas Investments04:10Chapter 4: Ongoing Costs in Oil and Gas Investments05:08Chapter 5: Impact of Governmental Changes on Oil and Gas Investments06:11Chapter 6: Myths and Misconceptions in Oil and Gas Investments07:36Chapter 7: Future Predictions and Positioning in the Oil and Gas Industry08:13Conclusion and Contact Information-Learn More about Eckard Enterprises: https://eckardenterprises.com/ -Visit our website: preferredtrustcompany.com -Follow us on Social Media: https://linktr.ee/preferredtrust Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Join Carrie Cook, CEO of Preferred Trust and Tait Duryea, founder of Turbine Capital, as they discuss the opportunity for investors to use self-directed IRAs to invest in syndications. Tait shares about journey from being an airline pilot to becoming a successful real estate entrepreneur. He discusses the benefits of syndication investing and how it allows high-income professionals to diversify their portfolios.
Tait explains the focus of Turbine Capital on providing value-add opportunities in various asset classes, including industrial, multifamily, land acquisition, and mobile home parks. He emphasizes the importance of location and demographic trends in their investment decisions. He concludes by discussing the growth of Turbine Capital and their commitment to financial literacy through their podcast, Passive Income Pilots.
Key Takeaways:
- Syndication investing allows high-income professionals to diversify their portfolios and invest in various asset classes.
- Location and demographic trends play a crucial role in investment decisions.
- Investors can use self-directed IRAs to invest in syndications and take advantage of the benefits of real estate investing.
- Turbine Capital focuses on providing value-add opportunities in industrial, multifamily, land acquisition, and mobile home parks.
Don't miss out on this opportunity to gain unique perspectives from industry leaders. Subscribe now to PTC Point of View and stay informed on the latest trends and strategies shaping the financial landscape.
Learn More about Turbine Capital: https://www.turbinecap.com/
Visit our website: preferredtrustcompany.com
Follow us on Social Media: https://linktr.ee/preferredtrust
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, we have the privilege of hosting Drew Mason from St. Joseph Partners, in a compelling conversation with Carrie Cook, CEO of Preferred Trust.
Join us as Carrie and Drew delve into the intricate world of precious metals. St. Joseph Partners, a prominent service provider to individual investors and institutions, specializes in physical gold, silver, and other precious metals, providing invaluable expertise in navigating this unique investment landscape.
In this insightful discussion, Carrie and Drew explore the nuances of investing in precious metals within a self-directed IRA. From the current state of the market to strategic approaches for incorporating precious metals into your investment portfolio, this episode offers a comprehensive guide for both seasoned investors and those venturing into the world of self-directed IRAs. Discover the key considerations and benefits of diversifying your portfolio with precious metals, and learn how St. Joseph Partners assists investors in making informed decisions within this specialized sector.
Don't miss out on this opportunity to gain unique perspectives from industry leaders. Subscribe now to PTC Point of View and stay informed on the latest trends and strategies shaping the financial landscape.
Visit our website: preferredtrustcompany.com
Follow us on Social Media: https://linktr.ee/preferredtrust
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this special episode, join our host, Carrie Cook, CEO of Preferred Trust, in a captivating conversation with Dr. Guy Baker, President of Wealth Teams Alliance. Guy is a seasoned life insurance and wealth consultant with over fifty years of invaluable experience.
Guy's wealth of knowledge has made him a sought-after figure, having addressed advisors in more than thirty countries. His expertise extends to various platforms, including talk shows, video conferences, and the Million Dollar Round Table (MDRT). Dr. Guy Baker holds numerous degrees including his Doctorate of Philosophy in Financial and Retirement Planning (PhD) in 2018 from The American College.
As a prolific writer and speaker, Guy has been a beacon in the industry, sharing his insights on life insurance and wealth management. In this episode, he shares his wealth of experience and explores the nuances of navigating the financial landscape as a Registered Investment Advisor, the economy and more!
Get in touch with Guy Baker: https://www.wealth-teams.com/our-team/guy-baker/
Visit our website: preferredtrustcompany.com
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media: -Instagram -Twitter -LinkedIn -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Welcome to another captivating episode of "PTC Point of View," the retirement podcast proudly presented by Preferred Trust. In today's engaging discussion, we have the pleasure of hosting Sief Khafagi, the CEO and Founder of Techvestor, for a dynamic conversation moderated by Preferred Trust's CEO, Carrie Cook.Together, they embark on an exploration of Techvestor's distinctive investment offerings and provide invaluable insights on the realm of self-directed IRA investments. Get an exclusive glimpse into the roots of Techvestor, the visionary minds behind it, and uncover the keys to effective Airbnb property management.Stay tuned as we delve into the intriguing question of Airbnb's continued viability as an investment choice and a thorough examination of the pros and cons inherent to this unique investment avenue. We'll also discuss the current markets under Techvestor's radar, and why amenities play a pivotal role in the success of these investments.Learn more about Techvestor: techvestor.com
Visit our website: preferredtrustcompany.com
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media: -Instagram -Twitter -LinkedIn -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, we discuss what a Non- Recourse Loan is and how to purchase property with your IRA and borrow money at the same time. Christina Trembly, Director of Operations, asks Matt Allen from NASB commonly asked questions about Non- Recourse Loans.
Matt Allen has been a loan specialist since 2003 and is now the Vice President of Portfolio Lending at NASB. Matt has been instrumental in launching the first nationwide non-recourse loan program for Self-Directed IRAs and teaches investors how to compound their retirement money while diversifying into real estate. Recognized as the expert on Self-Directed IRA non-recourse loans, Matt focuses on building diversified wealth. He is co-author of the book “Leverage Your IRA-Maximize Your Profits with Real Estate”.
North American Savings Bank has been providing loans to individuals since 1927. As a leader in the mortgage industry, NASB offers a variety of mortgage loans and is the only nationwide non-recourse lender for IRA real estate investments. We have retail lending branches in Missouri, and also offer nationwide lending.
Episode Topics:
- Who is the North American Savings Bank?
- What is a non-recourse loan?
- Who is eligible for a non-recourse loan using their IRA to purchase rental/investment properties?
- What is the minimum down payment requirement for a non-recourse loan?
- What is the processing time frame for a non-recourse loan?
- Can properties be held in an LLC?
- Can you refinance a property that you own free and clear within your IRA?
- What are the requirements for IRA debt financing?
- What are the income requirements for rental properties?
- What loan options are available for a non-recourse loan?
- What documentation is required for non-recourse loan approval?
Connect with an IRA Lending Expert
Visit Our Website
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media: -Instagram -Twitter -LinkedIn -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Chris Trembly answers some questions clients have been asking us regarding the annual statement packages that we provide. If you are a client at PTC and have questions about statements, make sure to listen to this episode!
Client Questions:
- Why do we provide annual statements instead of monthly statements?
- Why do we wait until the end of March to publish the annual statements for the previous year?
- Will I receive a 10-99 R?
- Will I receive Form 5498?
- Can I request a monthly statement?
If you have any questions about the client portal please reach out to our team, we are happy to help!
Coming soon: How to Video on Extracting Data from Client Portal
This week we are discussing what a SIMPLE IRA is! A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a retirement plan designed for small businesses with up to 100 employees. It allows employees to contribute pre-tax dollars to their retirement accounts. Employers are required to make either a matching contribution or a non-elective contribution. We also discuss the Secure Act 2.0 and what that means for IRA account owners.
Timecodes:
00:00 Intro
1:10 SIMPLE IRA Explained
2:10 Criteria to be able to provide a SIMPLE IRA for employees
2:40 What happens when you reach the 100-person threshold?
3:30 Benefits of a SIMPLE IRA
4:15 Contribution limits
4:40 Employer match percentage
5:40 Drawbacks of a SIMPLE IRA plan
6:50 Secure Act 2.0: Roth Contributions to a SIMPLE IRA
8:50 Can you have a traditional and a SIMPLE IRA?
9:15 Process of opening a SIMPLE IRA with PTC
Learn more about SIMPLE IRAs: IRS.gov
Learn more about RITA: Retirement Industry Trust Association
Open a SIMPLE IRA with Preferred Trust Company
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Visit Our Website
Follow us on social media: -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
How does a Roth IRA work and do you need one? In this episode, we are breaking down the main elements of a Roth IRA so you can evaluate if a Roth IRA is right for you! Roth IRAs are the best gift the government has ever given us because they offer tax-free growth! Roth IRAs are taxed when the money goes IN not when you take it out like traditional IRAs.
Timecodes:
00:00 Intro
2:20 What is a Roth IRA?
4:00 Benefits of contributing to a Roth
5:35 Drawbacks of a Roth IRA
8:35 5-year Rule
10:00 Backdoor Roth
11:30 How to open a Roth IRA at Preferred Trust Company
Read Whitepaper: Income & Inheritance
Open a Roth IRA with Preferred Trust Company
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Visit Our Website
Follow us on Social Media: -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Carrie Cook, CEO of Preferred Trust Company, explains why Preferred Trust Company doesn’t have specific account managers for each account and WHY we work as a team!
Read Whitepaper: Income & Inheritance
Visit Our Website
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media: -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
This episode goes over the 5 questions to ask yourself before you invest in Digital Currency with your IRA. This episode also explains Cold Storage, Hot Storage, Segregated & Non- Segregated storage of digital currency, and Checkbook LLC’s.
Timecodes:
1:00 #1 Should I be leery of digital currency marketers?
7:20 #2 Does it matter what trading platform is used for the purchase and sale of digital currency?
10:00 #3 Does it matter how the digital currency is stored?
15:00 #4 What are the pros and cons of non-segregated and segregated digital currency storage?
17:55 #5 Is self-dealing of digital currency investments in a Self- Directed IRA allowed?
Download Digital Currency Whitepaper
Read Whitepaper: Income & Inheritance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media: -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
5 ways to boost your retirement savings! In this episode, we discuss Roth IRA’s, boosting income and interest you’re earning, getting started, precious metals, and transferring old 401K’s. Visit our Website to learn more!
Timecodes:
0:00 Introduction
1:20 ONE: Tax- Free Savings
6:40 TWO: Tax- Sheltered Business Income
8:30 THREE: Diversification
14:20 FOUR: Contribute Often
17:25 FIVE: Preserving Principal
Read Blog Post: Taxpayer Relief: 2023 Contribution Limits Increase!
Read Whitepaper: Income & Inheritance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.
Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
All politics aside, you cannot discredit the fact that oil and gas are essential resources in our modern world. It powers our homes, fuels our cars, and propels industries and nations forward. What you probably didn’t know is that natural resources like oil and gas are also an alternative asset that investors can harness to fuel their retirement portfolios.
Eckard Enterprises, LLC (Eckard) is a family-owned and operated alternative investment and asset management firm, specializing in the U.S. oil and gas industry. Their managed assets include water rights, oil and gas mineral rights, exploration and production, steel fabrication, natural gas and crude oil pipelines, residential and commercial real estate, and other commodity investment opportunities. It all began with one man’s commitment to a brighter energy-focused future. Since 1985, Troy W. Eckard has dedicated his entire career to the U.S. energy industry and managing alternative investment portfolios, giving him a wealth of knowledge and expertise for private investors who seek to develop successful, diversified portfolios.
Episode Topics:
What makes you guys different from other oil and gas investment companies?
What is Eckard’s success rate?
Where do investors come from?
What are the investors investing in?
How long are funds tied up?
Are your investors really making 18 %?
How do investors get a hold of you?
When do you expect to have more inventory?
What can the federal government do to de-rail oil and gas?
How does the banking crisis affect minerals?
How many clients do you have that use Self- Directed IRA’s?
Learn more about investing with Eckard Enterprises using your Self- Directed IRA
REGISTER FOR OUR FREE WEBINAR: Pillars of Finance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Izzy and Chris Trembley, Director of Operations, give a recap of the Best Ever Conference and go over questions they were asked by investors and investment sponsors. In this episode, learn about UBIT, IRA Contributions, Non- Recourse Loans, Vesting (Ownership Title) and ACH’s (Wire Transfers).
Timecodes:
1:45 What is UBIT, how it happens and how to proceed| UBIT- Unrelated Business Income Tax
4:55 1031 Exchanges
6:10 Make your Contribution until Tax Day (April 18)
6:40 Non- Recourse Loan
8:20 How do people combine funds?
10:00 Pillars of Finance Announcement
10:20 How can I send money to PTC- Do we accept ACH’s?
15:00 What do we provide to investment sponsors/ clients?
REGISTER FOR OUR FREE WEBINAR: Pillars of Finance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Bonus Episode: Learn about our free virtual event Pillars of Finance! Pillars of Finance takes place April 4th at 3 PM PST. This event is hosted by zoom.
As markets fluctuate, laws change, and taxes inevitably increase, it is more apparent than ever before that American’s need to employ every advantage at their disposal to reach their retirement goals. Pillars of Finance is an investment community created by industry experts for investors of all levels.
Each event is specifically tailored for the exploration of different alternative assets. Investors will be able to use these alternative investment pillars to build the foundation for strategic tax-sheltered growth.
REGISTER FOR OUR FREE WEBINAR Pillars of Finance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, learn about investing at Ignite Funding using your Self- Directed IRA at Preferred Trust Company. Ignite Funding offers real estate investments backed by collateral – you are the bank, earning monthly income for the use of your investment dollars. More specifically they provide an alternative investment option that matches quality real estate Borrowers with Investors seeking capital preservation in collateralized turn-key real estate investments, while earning a 10% to 12% annualized return.
Timecodes:
1:40 Who is Ignite Funding?
3:30 Types of Projects
3:55 Location of projects
4:55 Why do borrowers choose Ignite?
5:20 Trust Deed Investing VS. "Trendy" Crowdfunding platforms
6:25 Only Accredited Investors?
7:35 How does this investment work within a Self- Directed IRA?
12:50 Cost & Fees
15:25 Pillars of Finance Ad
16:00 Length of relationship
17:00 RMD's - Required Minimum Distributions
17:30 Investment Docs
Want to learn more? REGISTER FOR OUR FREE WEBINAR Pillars of Finance
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer: Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
In this episode, Chris Trembley, Director of Operations, answers commonly asked questions from clients at Preferred Trust Company about Self- Directed IRA account maintenance.
Timecodes:
2:25 Why do we have fees? We don’t make money off your investments!
7:00 Depository Fees- What are they?
10:05 Depositories we work with- DDC, IDS & SWP
12:00 Why do we require a Minimum Account Balance?
13:50 Account Managers
16:30 Can I consolidate my retirement accounts?
20:00 How often do clients receive statement packages?
23:35 Updating Account Information- name change, new address, beneficiary changes
Learn More about our FREE virtual event Pillars of Finance
View our Fee Schedule
Visit our Website
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer:
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Jordan Tyner, Growth Architect, and Izzy Irizarry, Director of Marketing, discuss alternative investment sponsors, benefits of becoming a company partner, how to utilize our IRA services in your sales and why you should be working with a custodian and not an administrator. Schedule a Company Partner Consultation
Time Codes:
1:30 Why work with us?
3:00 Difference between Custodian and Administrator
5:00 Precious Metals Investment Sponsor
6:20 Daily Reporting
7:50 Captured Funds
Read our blog: Why it is Important to Know the Difference When Selecting an IRA Service Provider?
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer:
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Have you had to let an exciting investment opportunity pass you by because your Self-Directed IRA account is currently short on liquid, investable qualified funds? If making your annual contribution is not an option (i.e., you have maxed-out or don’t have the cash available) or not enough (i.e., Traditional/Roth 2023 contribution limit is $6,500), there are other methods that might be at your disposal. Izzy Irizarry, Director of Marketing, asks Chris Trembley, Director of Operations, frequently asked questions about qualified funds, retirement plans, and rollovers.
Timecodes:
1:10 Qualified Funds Vs. Non- Qualified Funds
2:04 Can I roll my savings account into a SD-IRA?
4:30 What is a Teachers Savings Plan (TSP)?
6:34 Can I rollover or transfer a portion of your 401k while currently employed?
9:21 Does my Roth 401k rollover to Roth IRA?
9:42 I have a 401k can I move it over to a Roth IRA?
10:50 IRA to IRA transfer limits?
12:30 Do I have to transfer the entire IRA account over to Preferred Trust?
13:00 Do I need to liquidate Assets before transferring over funds?
15:32 Will I receive tax documents for the IRA transfer?
Read our IRA Transfer Guide
Read our blog post Roll It Over: Don’t Leave Your 401k Savings Behind
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer:
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Investing in real estate investments through a self-directed IRA can be a game changer when it comes to earning passive income; and passive income can provide the financial security you need to truly enjoy your retirement years. Gary Lipsky, President of Break of Day Capital, joins us this week to talk about multifamily real estate investing. He has been a real estate investor since 2002 and has invested in over 2,800 units and $250 MM in real estate transactions. Gary is also the Co-Founder of the Asset Management Summit, Real Estate Asset Management Podcast and Co-Author of the book Best in Class. His expertise in asset management is his secret sauce and he started developing those skills at a young age.
Gary got into real estate full-time, and specifically multifamily, at the beginning of 2017. He co-produced three independent films in his twenties. He founded Arc, an after school, outdoor education and leadership development company he grew to over $12 million in revenue and over 700 employees while positively affecting over 9,000 students daily throughout Southern California. Gary is also a founding board member of CORE Educational Services, a Los Angeles based non-profit benefitting under-served youth. These endeavors taught him how to build systems, winning teams and handle adversity – skills that have translated well into real estate.
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Disclaimer:
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Chris Trembley, Director of Operations at Preferred Trust Company, discusses the new IRA contributions limits for 2023, catch- up contributions for people 50 years or older, and tax documents. Reminder: You can make IRA contributions for 2022 AND 2023 from the start of the new year up until tax day (APRIL 18th). Please go to IRS.gov for more information.
Contribution Timecodes:
1:15 New 2023 Contribution Increases
2:20 Catch-Up Contributions
3:15 Sweet spot for contributions
4:00Contribution amounts are ALL IN
5:42IRA Contribution Tax Deductions
7:20 Roth Contribution eligibility
8:25 Tax Documents
11:15 Why contribute to an IRA at PTC?
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
This episode discusses Investing in Recession Proof Real Estate with Bell Capital. Carrie Cook, CEO of Preferred Trust Company, interviews Victor Bell, CEO and founder of Bell Capital. Victor Bell has transacted over $59 million in real estate transactions in seven states including Hawaii, Arizona, Texas, North Carolina, Vegas, Ohio, and Michigan. Victor is also known as one of Amazon's #1 best-selling authors, real estate trainer, and a top speaker on leadership, real estate investing, entrepreneurship, marketing, and finance. Victor Bell has been investing in Multi-Family Real Estate since the mid-1990s. Bell Capital acquires and manages real estate properties with a focus on both near-term income generation and long-term value creation. Victor Bell created Bell Capital to provide everyday investors access to the institutional-level real estate deals in great markets that are normally reserved for only larger investors.
Time codes:
1:08 Who is Bell Capital?
3:20 Structure of Fund
4:15 Multifamily Investments
8:00 How do investors make money?
10:51 Recession Proof Investment
20:15 Accredited Investors
22:45 Invest with your Self- Directed IRA
32:00 What on the horizon for 2023?
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Ryan Gibson shares his real estate investment insights with Carrie Cook, CEO of Preferred Trust Company. Ryan Gibson is the President, Chief Investment Officer, and Co-Founder of Spartan Investments Group. He has organized over $200M of private equity for Spartan’s projects. Ryan has experience managing the development of SIGs projects in challenging markets.
For SIG, Ryan is responsible for investor relations and capital raises for projects. Ryan is also a highly experienced commercial airline pilot. Ryan graduated from Mercyhurst University with a bachelor’s degree in Business, with concentrations in Marketing, Management, and Advertising.
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Learn about multifamily real estate investing at XSITE Capital Investment from Leslie Awasom, Director of Operations and Co-founder of XSITE Capital Investment LLC. He manages the company operations, market/data analysis, cash flow and budget analysis. Leslie bought his first investment property in 2017 and transitioned to multifamily investing in 2019. Leslie is a trained Nurse Anesthetist and entrepreneur who lives in Hanover, Maryland. Leslie and the XSITE Capital team host a rapidly growing multifamily-focused meetup in Maryland where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
BV Capital is a member of the Bridgeview family of companies based in Dallas, TX. Bridgeview was founded in 2011 and is a private, veteran owned real estate development and investment company. BV Capital is Bridgeview's private equity company offering direct access to investments historically only available to institutions. While they work with many institutions, and high-end investors, they also have an extensive network of accredited investors, financial advisors, RIA’s and family offices. Their investor base stretches across the country and internationally as well. BV Capital is focused on commercial real estate in Texas markets and offer investments in single property assets as well as diversified portfolios and funds. These assets include multifamily, industrial, office, mixed use and land development. Their private equity investments are focused on emerging technologies such as crypto currency applications and alternative energy advancements.
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Learn about the ins and outs of Investing in Real Estate with your Self-Directed IRA from Carrie Cook, CEO of Preferred Trust Company.
Time Codes:
00:50 A Self-Directed IRA = A Real Estate Investment Opportunity
1:40 3 Types of Tax Deferred Retirement Plans
3:30 Rental Property and Trust Deed Investments
5:27 Start an IRA now or diversify your current IRA?
6:15 Steps to set up a SD- IRA
10:55 The cost of a SD- IRA
14:44 Steps to Investing in Real Estate with your IRA
24:55 Common Mistakes
28:00 UBIT - Unrelated Business Income Tax
29:16 UDFI - Unrelated Debt Financing Income
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Ivan Zang, CEO and Co-Founder of PennyWorks, explains what Decentralized Finance is and how it works. He also gives his insight into the recent Digital Currency Turmoil.
Time Codes:
1:19 Protection Against Inflation
2:54 DeFi/ Decentralized Finance
4:10 Tied to Crypto?
5:14 Why is it called a Smart Contract?
6:56 How it Works
8:38 Recent Digital Currency Turmoil
11:20 Scams
13:54 Real-Time Access
19:43 Current Crypto Currency Volatility
23:56 What’s next for Centralized Bank Policy
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media: - -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
This bonus episode goes over how to navigate required minimum distributions (RMDs) from your IRA. Chris Trembly, Director of Operations at Preferred Trust Company, answers her most commonly asked questions regarding RMDs.
Timecodes:
1:10 Types of retirement plans are subject to RMDs
1:55 When must the 1st RMD be withdrawn?
3:00 RMD calculation
5:00 Can I take my RMD from another account aside from my SD-IRA?
6:10 RMD Penalty- Excise Tax
7:35 Taxes
9:15 Inherited IRAs
10:40 Process of RMDs
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on Social Media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Discover what a SEP IRA is and why it is a great option for small business owners with Carrie Cook, CEO of Preferred Trust Company.
Timecodes:
:56 3 Types of tax deferred plans
1:58 What is a SEP IRA
2:18 Advantages of a SEP IRA
4:54 2023 Contributions increased
8:10 Disadvantages of a SEP IRA
11:16 Conclusion
Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on social media:
-Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok
Visit our website
Schedule a Free Consultation
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Discover the three ways to fund your IRA with Carrie Cook, CEO of Preferred Trust Company. This short series goes over the three ways to fund your IRA, a big misconception, and a comparison between 2022 and 2023 contributions.
Timecodes:
:50 3 ways to fund your IRA
1:18 Rollover of 401k
2:28 Transferring Funds
4:00 Big misconception
4:50 Make contributions
5:10 2022 vs 2023 contributions
6:30 SEP IRA
7:25 Simple IRA
8:30 Recurring Contributions
Enjoyed the episode? Don't forget to follow the podcast and turn on notifications! We would really appreciate it if you also left a review to tell us what you enjoyed about the podcast!
Visit our website
Schedule a Free Consultation
Follow us on social media:
-YouTube
-TikTok
Preferred Trust Company, LLC. Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Carrie Cook, CEO of Preferred Trust Company, is joined by St. Joseph Partners to discuss retirement security through precious metals, qualified vs non- qualified plans and the current silver rush.
St. Joseph Partners is an active proponent of our military, police and first responders, leading a volunteer brigade of over 100 nationwide who weekly endeavor to support and protect those who risk their lives for us. Their investment platform is a competitively priced gold & silver dealer offering IRAs, domestic and international storage, safe installations and the full spectrum of precious metals brokerage services. They actively buy all forms of precious metals.
Enjoyed the episode? Don't forget to follow the podcast and turn on notifications! We would really appreciate it if you also left a review to tell us what you enjoyed about the podcast!
Visit our website
Schedule a Free Consultation
Follow us on social media:
-YouTube
-TikTok
Preferred Trust Company, LLC. Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Today's episode discusses investing in Gold and Silver with Strategic Wealth Preservation (SWP). SWP is an international precious metals dealer and secure storage provider headquartered in the Cayman Islands. They specialize in the acquisition and secure storage of precious metals for individuals, companies, trusts and wealth management professionals on behalf of their clients.
Todays Topics:
- Who is SWP?
- Before you invest in Precious Metals
- Benefits of Investing in Precious Metals
- Downside of Investing in Precious Metals
- Why the Cayman Islands?
- How to invest in Precious Metals with your Self- Directed IRA at PTC
Follow us on Social Media!
TikTok
YouTube
Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Add some shine to your portfolio by investing in Gold and Silver. Chris Trembly, Director of Operations, discusses Investing in Precious Metals with your Self- Directed IRA at Preferred Trust Company.
Topics:
- Benefits of Investing in Precious Metals
- Types of Metals- Gold, Silver, Platinum, Palladium
- How to choose a Depositor
- Fees associated with investing in Precious Metals with your IRA
- Downside of Investing in Precious Metals
- Doing your Due Diligence
Preferred Trust Company, LLC. Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.
Chris Trembley, Director of Operations at Preferred Trust Company, answers the most common questions about Self- Directed IRA's (SD-IRA's). New episodes released weekly.
Topics in this episode:
- Who is Preferred Trust Company?
- What is a Self- Directed IRA?
- What types of SD-IRA's are there?
- How can I diversify my portfolio?
- What can I invest in with my SD-IRA?
- What kind of fees does PTC have regarding opening a SD-IRA?
© 2016 Preferred Trust Company, LLC. Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice.