EP83: IRA Being Taxed For Investing In Real Estate

Have you heard about the proposed plan to tax IRAs? If so, it's time to take some action and be heard. Stay tuned and learn more about the possible impacts of this proposed bill on you as a real estate investor. Key takeaways to listen for  How to invest using Roth IRA What’s the implication of the new bill to investors What to do to prevent this proposed legislation from passing Resources in this episode Below is additional information on the proposed bill: Subtitle I – Responsibly Funding Our Priorities Section-by-Section  Section 138312 of the House bill can be found on the bottom of page 689 Forbes Article | 7 Ways The New Tax Bill Could Impact Retirement Planning  Find Your Representative Contacting US Senators Avestor Article | Latest U.S House Bill Impacts Real Estate Investing  Please see the sample text that you can provide your investors to write to their elected officials: Dear {insert name of official}, As an investor, I am writing to you about my opposition to Section 138312 of the US House bill. This proposal has a direct impact on investor choice and limits my ability to diversify my retirement savings. By not allowing me to invest my retirement savings in private investments, you are requiring me to keep all of my IRA money in the public markets. Additionally, by forcing me to remove this capital from existing deals or lose my tax-free status, you will have a significant impact on my retirement savings. I ask that you oppo