How To Use Self-Directed IRAs For Private Lending w/ Quincy Long
Posted by: Jim Ingersoll
Enjoy this week’s episode about being a private lender with special guest, H. Quincy Long
In this week’s Investor Success Podcast we discuss:
- What is a self directed IRA and when do they make sense?
- How can retirement accounts be used to fund real estate deals
- The importance of due diligence items when loaning money
- 7 types of IRA’s for real estate investing
- How to avoid the big mistakes investing
- Tax strategies and why the Roth IRA is powerful for real estate
- How investors can find cash for their deals
About our guest:
- Quincy Long is President of Quest IRA, Inc., the premier provider of self-directed IRA services in the country, with offices in Houston, Austin and Dallas, Texas, as well as Mason, Michigan. Quincy has been a licensed Texas attorney since 1991 who specializes in real estate, and has been a fee attorney for American Title Company. He has sat on the board of directors of the Realty Investment Club of Houston (RICH), one of the largest real estate clubs in the country. Quincy received his Doctor of Jurisprudence (JD) in 1990 from the University of Houston, and his Master of Laws (LLM), also from the University of Houston, 1997 and holds the title of CISP (Certified IRA Services Professional). He is the author of numerous articles on self directed IRAs and other real estate related topics, and co-author and editor of the book “Real Estate Investment Using Self-Directed IRAs and Other Retirement Plans” by Dyches Boddiford and George Yeiter, CPA.
Widely known for his enthusiasm, attention to detail, and knowledge of the self-directed IRA industry, Quincy is one of the most sought after keynote speakers in the nation. He frequently lectures on a wide variety of topics relating to IRAs and real estate, including all aspects of self-directed retirement plans, unrelated business income tax, land trusts, mortgage and tax foreclosures, tax liens, real estate, options, subject to transactions, title company issues, probate, 1031 exchanges, and continuing education courses for real estate brokers and agents, certified public accountants, and certified financial planners.
Most importantly, Quincy believes in what he says and practices what he teaches. As an active investor inside and outside of his retirement plans, Quincy has an intimate understanding of the needs of his clients.
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