January 3rd, 2011 David Finkel (Taxloopholes.com Advisor)
I wanted to get you this link to an article that Maui Advisor Bill Shopoff wrote on self directed IRAs and the recent tax law changes.
Bill, who has personally done over $1 BILLION in real estate deals, shares how and when to convert to ROTH IRAs versus standard IRA. And he has a cool strategy to Cialis Without Prescription “back door” your way into a ROTH no matter your income level (but you have to do it SOON!)
Here is the link:
My favorite part of the article is the “multigenerational wealth tool” ideas he shares. I never really thought of a Roth IRA as an estate planning tool before he mentioned it in his blog.
Enjoy the article.