Sat. Oct 23rd, 2021

With a Roth IRA in Roids, you could contribute $ 5,000, $ 20,000, $ 50,000, and $ 100,000 depending on how much money you have and how much you want to contribute and when you want to start withdrawing your money.

It is a powerful wealth building tool. When I heard about this from Roccy DeFrancesco, I was completely overwhelmed because I spent my life looking for tax-advantaged products that are safe, legal, that I can use, with very little risk. You will not get this from your lawyer or your accountant. Your attorney’s action response is “possibly, maybe, or I’ll look into it.” And even if he knows he’s not going to tell you because traditionally he works on both sides of the fence.

Your accountant and attorney would not normally look at any of these products because they could become a target of the IRS. Whenever there is a criminal investigation, your papers would be the first thing to go after subpoenas. I work with accountants and I teach them and this is their usual position on it. I teach lawyers and accountants for credit. They are generally intimidated. For the price of preparing your income tax return, they will not consider these types of wealth-building tools. The wealth building strategies of this investment retirement planning are completely legal. You don’t have to hide your money. You don’t have to go to the high seas. You don’t have to provide a lot of documentation and you don’t have to report your requirements to the feds.

With a Roth IRA in Roids, you would need the following basic information: your age; how much money you want to deposit into your account; when you want to withdraw from the account. Based on this information, a specific financial chart can be developed for you.

To sum up the main benefits of this wealth building tool: your money never goes back; you will be able to withdraw your money tax free; there is a guaranteed return. So, let’s take a look at how you can fund your account with other people’s money.

Roccy DeFrancesco’s wrote a book, “Home Equity Management.” The book is very well written. Roccy is a very meticulous guy and I have a lot of respect for him. The book describes how you can reposition your home equity. Let’s take a look at your home equity for a moment. If you are in your home on a 95% mortgage, does your mortgage lower your home’s value? The answer is no. “If your home is fully mortgaged, it would not decrease in value. But, if you live in an area like California, with mudslides, or Florida with hurricanes and tornadoes, and you own 100% of your home (that is, say, not mortgaged), so whose problem would it be if your house slides downhill or goes underwater? It would be your problem. On the other hand, if it is heavily mortgaged, then it would not be your problem. It would be a insurance problem and it would be a mortgage company problem.

So what is the ratio of your home equity to your Roth on Roids? If you take advantage of your home equity and reposition it to fund your IRA, then sure enough, your money is sitting in this account and in investment opportunities and you are safe. Real estate is the only leveraged asset class. Everyone understands that you buy real estate with a 5% down payment, a 10% down payment, depending on how well financed it is. It is the only leverage that is recommended, people accept, people understand, banks do. So by repositioning your home equity so that you can fund your account, you are financially using other people’s money. And this could also be achieved with commercial real estate. If you have equity in commercial real estate, refinancing to reposition your assets definitely makes a lot of sense. At the end of the day, you still have the same assets. If you have equity in your home or business property, that’s an asset. If you have shares in Roth on Roids or other investment opportunities, they are the same number together. It’s just repositioning. You are relocating your assets. That is all you have done.

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