Hey Guys!


Today, I want to talk to you about a concept called “partnering.”

And no, we are not talking about relationships.
We are talking about taking different types of self-directed retirement plans - and non-retirement plans - to maximize your buying power and your tax savings.

An Example of Partnering Self-Directed Retirement Plans
If you didn't already know, Nuview Trust Company is a self-directed IRA provider.
We allow people to take their retirement accounts (their IRAs, their traditionals, their Roths, their SEPs, their SIMPLEs, their 401ks, etc.) and invest in things like real estate, promissory notes, private placements, and cryptocurrency… instead of investing only in stocks, bonds, and mutual funds.

If you are looking to buy real estate, or even notes secured by real estate, you might need a little bit more buying power than what you have in your traditional or even your Roth IRA. In this case, partnering could be a solution for you.

Here’s an example scenario:
• You have traditional and Roth IRAs.
• Your spouse has traditional and Roth IRAs.
• You've got 3 kids under the age of 18, each with a Coverdell Education Savings Account (which work like IRAs, but the distributions are to pay education expenses tax-free)
• You have an HSA or health savings account (which allows you to pay for qualified health expenses tax-free).

Together, that's seven different tax advantaged plans you can work with.

Now the concept of partnering is where you take your IRA (your traditional and Roth) your spouses' IRA, (traditional and Roth), your kids' education savings accounts (ESAs) and your health savings account (HSA) and combine that capital through partnership to buy real estate.
Now, when I say partnership, you don't need to have any fancy structure. You don't need a joint venture set up. You just need specific ownership percentages based on how much each account put into the deal.
So, for example, if you're going to buy a piece of real estate, all seven of those retirement plans can participate as buyers.
They own the property jointly based on the amount each account puts in. That's the percentage ownership that those accounts have.

Learn more about partnering on our blog.

NuView Trust
NuView IRA Processing Office, 280 S Ronald Reagan Blvd STE 200, Longwood, FL 32750
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Lat: 28.695340
Long: -81.346741

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00:00 - Intro
00:27 - Overview
01:01 - How to Partner
02:05 - Pro Rata Explained
02:59 - Recap

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