Ep. 16 Self Directed IRAs With Patrick Hagen

In this episode, Adam invites his father and personal financial advisor, realtor Larry Kruse, on to help interview Patrick Hagen of The Entrust Group about self-directed IRAs.  Email questions to Podcast @HermannLondon.com Host - Adam Kruse https://hermannlondon.com/realtor/adam-kruse/ Guest - Patrick Hagen Guest - Larry Kruse ITUNES-http://goo.gl/rs1q9X Blog-https://hermannlondon.com/podcasts/ Website http://hermannlondon.com/ Facebook - https://www.facebook.com/HermannLondon/ Twitter - https://twitter.com/HermannLondon Instagram - https://www.instagram.com/hermannlondonrealtors/ Address - 7350 Manchester Rd, St. Louis, MO 63143 Phone Number - 314-802-0797 Search For Homes on http://www.wizah.com/ Producer - Joey Vosevich Theme Song by Trastornobeats 0:42-Adam gives updates on a wholesale deal, a condo he bid on, and welcomes a new realtor 2:00-Adam talks about the new videos on the Youtube channel 2:20-Inventory is low because everything keeps selling. Call Hermann London if you have a home to sell. 3142105115 2:48-Adam introduces his father, Larry Kruse, and Patrick Hagen of The Entrust Group 3:38-Patrick Hagen explains what The Entrust group does 5:22-Is a SEP the same as a self-directed IRA 6:13-Do people start with cash or move money between IRAs 7:48-Is moving money a tax event 9:45-Is this more attractive to people under 70 and a half years old 10:44-What is required minimum distribution (RMD) 11:39-When ROTH IRA and self-directed IRAs are taxed and their history 15:51-The Entrust Group are “educated order takers”, not financial advisors. 17:15-If someone loans money from the IRA for an investment, does all the money need to be returned to the IRA 20:15-Different ways to structure note investments 22:00-IRS has rules about investing with direct lineal family members and self-dealing 23:53-Loaning money out of the self-directed IRA and not being paid back (secured vs. unsecured notes) 26:48-Who writes the note 27:46-F.A.Q.s and THE BASICS about The Entrust Group 28:25-Not allowed to be compensated for providing goods and services within the IRA 39:46-How does The Entrust Group make money 41:39 Contact Patrick Hagen at 6366811312 or email [email protected]