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This is part 2 of my conversation with Collin Taylor. In this episode, we discuss wealth-building strategies for tech professionals through commercial real estate. They continue their discussion about self-directed IRAs (SDIRAs), specifically addressing what they are and their benefits. They discuss how SDIRAs give investors more control over their retirement savings by allowing investments in alternative assets like real estate, cryptocurrency, and more.

They also introduce HSAs (Health Savings Accounts) and their unique tax advantages, emphasizing how HSAs can be used to grow wealth through investments while benefiting from tax deductions on both contributions and withdrawals used for qualified medical expenses. Finally, the conversation touches on ESAs (Education Savings Accounts), which help parents save for their children’s education from kindergarten through college. This episode is packed with practical advice for leveraging various financial accounts to maximize investment opportunities and achieve financial freedom.

Important Link:

Quest Expo - https://www.questtrustcompany.com/resources/quest-expo

Listen to Part 1 of my conversation with Collin:
#34 - Unlocking the Secrets of Self-Directed IRAs With Collin Taylor - https://www.buzzsprout.com/2247837/episodes/15003051

Reach out to Collin:
LinkedIn: https://www.linkedin.com/in/collin-taylor-7b2176176/

Email: collintaylor@questtrust.com

Web: https://www.questtrustcompany.com/

Episode Highlights:

(1:41) Diving deeper into SDRIAs

(4:02) Explanation of UBIT and UDFI

(12:54) Collin's role at Quest and how they help clients

(14:22) Introduction to HSAs, their tax benefits, and strategies for growing HSAs through investments

(24:10) Introduction to ESAs and their benefits for educational savings

(30:58) Advantages of partnering in investments

(32:36) Using HSAs and ESAs for family financial planning

(38:35) Tailoring strategies based on personal goals

(47:23) Upcoming Quest Expo information

(49:12) Outro

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For more resources and guides, check these out:

• Investor 101 https://www.aritacapital.com/investor-101-resource/#
• Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/

If you want to learn more, reach out at:

Email: steven@aritacapital.com

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