IRA Crisis in Congress! - Passive Accredited Investor Show | Hard Money Lenders
Passive Income, Active Wealth - Hard Money for Real Estate Investing09/30/21 • 30 min
IRA Crisis in Congress!
Today's guest, Jeffery S. Watson, is an Ohio attorney who has had an active trial and hearing practice since 1991. Jeff has also been a real estate investor since 1994, investing in both residential and commercial properties. He currently represents established real estate investors in commercial and residential matters when the transactions involve self-directed retirement accounts. He has become recognized as a thought leader and teacher in the field of real estate investing, self-directed retirement account transactions, and wealth protection.
https://www.watsoninvested.com/
Timestamps:
0:01 - Today’s guest: Jeff Watson - https://www.watsoninvested.com/
1:58 - Who is Jeff Watson?
3:28 - RA Crisis - Budget Reconciliation Act cripples the use of Self- Directed IRA's in Real Estate
4:08 - Four big things in the Budget Reconciliation Act that can blow up the real estate industry and your investments in it
4:49 - The hidden Bomb in Section 138312
5:49 - Why Section 138314 is disastrous
6:32 - The story of Paypal
7:43 - How to Take Action to Stop the Budget Reconciliation Act - https://www.handsoffmyira.com/ 12:18 - When will this bill come to effect?
12:58 - Contact your Congressman to stop the Budget Reconciliation Act - https://www.votervoice.net/NREIA/camp...
15:16 - The crucial timeline to stop the Budget Reconciliation Act
21:15 - The Budget Reconciliation Act will hurt the entire economy it doesn’t matter if you have IRA or not.
22:57 - It’s not about the money, it’s about control
26:08 - Wendy’s message: Move forward & Take action
26:45 - The ripple effect in the real estate industry loan.
28:29 - Make a Difference Today! - https://www.handsoffmyira.com/
09/30/21 • 30 min
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