SA180 | Passive Investing in Multifamily Using Retirement Accounts with Josh Plave

Since a retirement account cannot earn active income, it must rely solely on passive sources of income. That's why in this episode, Josh Plave explains the benefits of investing retirement accounts in multifamily, and collectively own and operate apartment buildings in various communities across the country.Key Takeaways To Listen ForInvesting in multifamily with a self-directed individual retirement account (IRA)Learning from different providers to establish IRA accountsImpacts of unrelated debt-financed income (UDFI) and unrelated business income tax (UBIT) on a typical investmentTaxes involved when investing in multifamily with a self-directed IRAWhen and why should you hire a CPAFinding multifamily deals that fit with retirement account profiles2 mindsets to utilize when starting in real estateResources Mentioned In This EpisodeActiveCampaignAbout Josh PlaveJosh Plave is a multifamily syndicator who specializes in helping investors use their retirement funds to passively invest. Through his company Wall to Main, Josh provides all the tips and tricks needed to invest quickly, safely, and inexpensively with an existing retirement account. Website: Wall to MainTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.