AdMail – Episode 94


In this week’s episode, IRA Financial’s Adam Bergman Esq. answers questions about taxes owed on a property distribution from a Roth IRA, IRS Form 5498, and investing in private placements in a Self-Directed IRA.

0:00 Intro

1:06 *Question 1: I did a Roth conversion a few years ago at age 62 of a piece of real estate in CO. I am thinking of selling the property for a gain over over $250,000. Would I owe tax on what I pull out of my Roth IRA?

3:31 *Question 2: I have a Roth IRA with IRA Financial. When do I get a copy of the IRS Form 5498?

5:21 *Question 3: I have a Solo 401(k) with a brokerage firm, but want to do a private placement, and the brokerage firm will not let me do. Can I set up an account at IRA Financial and do I need a new plan?

9:20 Outro

Have a question for Adam? Send it to us! abergman@irafinancial.com

Discover more videos by IRA Financial: https://www.youtube.com/user/IRAFinancialGroup/videos?view_as=subscriber

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About IRA Financial:

IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(K) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions.

Learn More: https://www.irafinancialgroup.com/about-us/

#investing #retirement #rothira #solo401k #alternativeinvestments #rothconversion #ira #401k #selfdirectedira #privateplacements #taxes #Form5498 #AdamBergman #AskAdam #IRAFinancial

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