Greg Herlean

Yeah, absolutely. I mean, you nailed it. So once you make X amount of dollars, you want to contribute. We talk about contributing to a self-directed retirement account. Self-directed because now you can invest in what you want. So if you contribute to that and then invest it,

Yeah, absolutely. I mean, you nailed it. So once you make X amount of dollars, you want to contribute. We talk about contributing to a self-directed retirement account. Self-directed because now you can invest in what you want. So if you contribute to that and then invest it,

Yeah, absolutely. I mean, you nailed it. So once you make X amount of dollars, you want to contribute. We talk about contributing to a self-directed retirement account. Self-directed because now you can invest in what you want. So if you contribute to that and then invest it,

in a deal or a business or in precious metals, those profits, then all those gains, you don't pay taxes on those gains unless at some point when you pull it out, you pay taxes if it's a traditional IRA. But if it's a Roth, you don't pay taxes then either. And so that is one template. But I'm also not here to say put all your money, one, because you can't, into a retirement plan.

in a deal or a business or in precious metals, those profits, then all those gains, you don't pay taxes on those gains unless at some point when you pull it out, you pay taxes if it's a traditional IRA. But if it's a Roth, you don't pay taxes then either. And so that is one template. But I'm also not here to say put all your money, one, because you can't, into a retirement plan.

in a deal or a business or in precious metals, those profits, then all those gains, you don't pay taxes on those gains unless at some point when you pull it out, you pay taxes if it's a traditional IRA. But if it's a Roth, you don't pay taxes then either. And so that is one template. But I'm also not here to say put all your money, one, because you can't, into a retirement plan.

When there's certain real estate transactions that you're doing where you get great depreciation, Those go outside of your IRA. But there's other deals and opportunities that you make bigger hits, bigger interest or loans. You use your IRA and those profits compounding your profits. You and I could invest in the same exact things for the next 20 years.

When there's certain real estate transactions that you're doing where you get great depreciation, Those go outside of your IRA. But there's other deals and opportunities that you make bigger hits, bigger interest or loans. You use your IRA and those profits compounding your profits. You and I could invest in the same exact things for the next 20 years.

When there's certain real estate transactions that you're doing where you get great depreciation, Those go outside of your IRA. But there's other deals and opportunities that you make bigger hits, bigger interest or loans. You use your IRA and those profits compounding your profits. You and I could invest in the same exact things for the next 20 years.

You could do it inside your LLC or in your name. I could do it in my IRA, getting the exact same returns. 20 years from now, I'll have hundreds, if not millions more than you, just because I'm not paying taxes on my gains every year.

You could do it inside your LLC or in your name. I could do it in my IRA, getting the exact same returns. 20 years from now, I'll have hundreds, if not millions more than you, just because I'm not paying taxes on my gains every year.

You could do it inside your LLC or in your name. I could do it in my IRA, getting the exact same returns. 20 years from now, I'll have hundreds, if not millions more than you, just because I'm not paying taxes on my gains every year.

Yeah. And then that money that you're saving, the 30% compounds, right? It's like you can put what, 20, 30 grand a year or something, right? In tax free.

Yeah. And then that money that you're saving, the 30% compounds, right? It's like you can put what, 20, 30 grand a year or something, right? In tax free.

Yeah. And then that money that you're saving, the 30% compounds, right? It's like you can put what, 20, 30 grand a year or something, right? In tax free.

Yeah. In certain accounts, we can help entrepreneurs that have their own business set up a solo K, a 401k, where they can actually contribute up to $70,000 a year. Yeah.

Yeah. In certain accounts, we can help entrepreneurs that have their own business set up a solo K, a 401k, where they can actually contribute up to $70,000 a year. Yeah.

Yeah. In certain accounts, we can help entrepreneurs that have their own business set up a solo K, a 401k, where they can actually contribute up to $70,000 a year. Yeah.

Yeah. So I think that's like to me, again, not finance advice, but to me, that's something that it became a bit of a no brainer to me because then, yeah, you can use that to invest in some stuff. So what what what else are people missing? We talked a bit a bit about that. Um, I, you know, the real estate means a big thing.

Yeah. So I think that's like to me, again, not finance advice, but to me, that's something that it became a bit of a no brainer to me because then, yeah, you can use that to invest in some stuff. So what what what else are people missing? We talked a bit a bit about that. Um, I, you know, the real estate means a big thing.