The Profit Minds Podcast w/ Steven Kirch

How to Use a Self-Directed IRA to Invest in Real Estate, Startups, Crypto & More | Tax Tips Inside!

๐“๐ก๐ž ๐๐ซ๐จ๐Ÿ๐ข๐ญ ๐Œ๐ข๐ง๐๐ฌ ๐๐จ๐๐œ๐š๐ฌ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ซ. ๐’๐ญ๐ž๐ฏ๐ž๐ง ๐Š๐ข๐ซ๐œ๐ก, ๐„๐ฉ๐ข๐ฌ๐จ๐๐ž ๐Ÿ๐Ÿ๐Ÿ•๐ŸŽ™๏ธ In this episode of The Profit Minds Podcast, Dr. Steven Kirch sits down with Adam Bergman, tax attorney and founder of IRA Financial, for an eye-opening conversation on unlocking the power of self-directed IRAs for entrepreneurs.Adam shares his journey from Wall Street law firms to founding a firm that now manages over $4.5 billion in assets โ€” all sparked by one client question that led him to discover how retirement accounts can legally invest in alternative assets like real estate, startups, crypto, and more.He breaks down the biggest misconceptions about IRAs, explains the three things you absolutely canโ€™t do with your IRA, and introduces powerful tools like the Solo 401(k) and ROBS (Rollover Business Startup) strategy for small business owners looking to invest in themselves โ€” tax efficiently.๐“๐ฎ๐ง๐ž ๐ข๐ง ๐ญ๐จ ๐ฅ๐ž๐š๐ซ๐ง:โ€ข Why the IRS does allow retirement accounts to invest in real estate, gold, and startupsโ€ข The 3 key restrictions that apply to IRAs โ€” and how to stay compliantโ€ข How Adam used one idea to launch a company now serving 25,000+ clientsโ€ข The difference between a Roth IRA and a Traditional IRA (and how Peter Thiel used his Roth to turn $2,000 into billions โ€” tax-free)โ€ข The Solo 401(k): a hidden gem for solopreneurs to save up to $82,000 per yearโ€ข Why diversification outside the stock market may be the key to long-term wealthโ€ข How IRA Financial helps clients invest in private assets for a flat annual fee๐‚๐จ๐ง๐ง๐ž๐œ๐ญ ๐ฐ๐ข๐ญ๐ก ๐€๐๐š๐ฆ ๐๐ž๐ซ๐ ๐ฆ๐š๐ง:โ€ข LinkedIn:   / adambergman1  โ€ข Website: https://www.irafinancial.com/โ€ข YouTube:    / @irafinancial   โ€ข LinkedIn:   / ira-financial  ************************************************************************๐–๐ž๐ฅ๐œ๐จ๐ฆ๐ž ๐ญ๐จ ๐“๐ก๐ž ๐๐ซ๐จ๐Ÿ๐ข๐ญ ๐Œ๐ข๐ง๐๐ฌ ๐๐จ๐๐œ๐š๐ฌ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ซ. ๐’๐ญ๐ž๐ฏ๐ž๐ง ๐Š๐ข๐ซ๐œ๐ก.Dr. Kirch is the creator of the Profit Mindsโ„ข Growth System, which combines profit acceleration, productivity strategies, scalable systems, and AI integration to help businesses achieve sustainable success.๐‚๐จ๐ง๐ง๐ž๐œ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ซ. ๐’๐ญ๐ž๐ฏ๐ž๐ง ๐Š๐ข๐ซ๐œ๐ก:โ€ข LinkedIn:   / stevekirch  โ€ข Website: https://profitminds.net/๐–๐š๐ง๐ญ ๐ญ๐จ ๐ฌ๐ž๐ž ๐ก๐จ๐ฐ ๐€๐ˆ ๐œ๐š๐ง ๐ญ๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ ๐ฒ๐จ๐ฎ๐ซ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ? ๐๐จ๐จ๐ค ๐š ๐Ÿ๐ซ๐ž๐ž ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐š๐ญ๐ข๐จ๐ง ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ซ. ๐’๐ญ๐ž๐ฏ๐ž๐ง ๐Š๐ข๐ซ๐œ๐ก ๐ญ๐จ๐๐š๐ฒ!https://calendly.com/stevenjkirch/let...๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐›๐ž ๐ญ๐จ ๐“๐ก๐ž ๐๐ซ๐จ๐Ÿ๐ข๐ญ ๐Œ๐ข๐ง๐๐ฌ ๐˜๐จ๐ฎ๐“๐ฎ๐›๐ž ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ.โ€ข YouTube:    / @profitminds   ๐…๐จ๐ฅ๐ฅ๐จ๐ฐ ๐ฎ๐ฌ ๐จ๐ง ๐‹๐ข๐ง๐ค๐ž๐๐ˆ๐ง:โ€ข LinkedIn:   / profit-minds