SA859 | Take Control of Your Retirement Account and Gain Your Freedom to Invest with Dmitriy Fomichenko

Let’s elevate your apprehension about using retirement accounts in real estate investing with this year’s second guest, Dmitriy Fomichenko.Dmitriy will expound on things we need to know about solo 401(k), self-directed IRA, their limitations, and capabilities for real estate. This highly informative conversation will surely be worth your time, so listen until the end of the episode and fortify your financial knowledge!Key Points & Relevant TopicsDmitriy’s background and his story as an immigrant from RussiaSense Financial Services, LLC: How it works and the options it provides for its clientsHow does a self-directed IRA work?Transactions prohibited and limitations in utilizing a self-directed IRAWhat is a non-recourse loanIs it possible to use retirement accounts to fix and flip an investment property?How to stay compliant with the IRS in terms of doing transactions within a retirement accountWho is qualified to establish a solo 401(k) and the advantages of setting it up?Resources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Dmitriy FomichenkoDmitriy Fomichenko is the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control.  He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Dmitriy holds a designation of Certified IRA Services Professional from the American Bankers Association. Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors. Get in Touch with DmitriyWebsite: Sense Financial Services, LLCLinkedIn: Dmitriy Fomichenko CISPFacebook: Dmitriy FomichenkoInstagram: @dmitriyfomichenkoBiggerPockets: Dmitriy FomichenkoTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!