Close this search box.

Are you using your IRA to invest in a multifamily syndication? Then brace yourself for an unexpected tax bill when the asset sells. If, on the other hand, you’d prefer not to owe the IRS for Unrelated Business Income Tax (or UBIT), it’s time to consider a Qualified Retirement Plan (or QRP) that gives you more control over your money and makes it much easier to invest in real estate!

Damion Lupo is a real estate investor, serial entrepreneur, and high-profile financial consultant. He founded Total Control Financial in 2010 to help people achieve financial freedom. He is committed disrupting Wall Street and empowering Main Street with the tools and teachings of financial transformation. In the last 25 years, Damion has launched and owned 40-plus companies, including a venture capital firm, an insurance agency, and more than a dozen real estate investment and development operations. He is also the author of QRP Book: How to Get Checkbook Control of Your 401(k) & IRA Money Now.

Today, Damion joins me to explain why the current retirement system is broken and discuss the problem with using your IRA to invest in multifamily real estate. He walks us through the fundamentals of UBIT, describing how you can be blindsided by a BIG tax bill when an asset sells.  Damion also offers insight around the alternative to the IRA that is exempt from UBIT, the QRP. Listen in to understand the multiple benefits of the QRP as a retirement vehicle—and learn how to regain control of your retirement savings AND maximize your profits as a multifamily investor.

Key Takeaways

Why the retirement system is broken

The shortcomings of the 401(k)

The problems with the IRA

The fundamentals of UBIT

How to avoid UBIT

The benefits of the QRP

Short- vs. long-term real estate investments

When it’s worth it to get a QRP

Connect with Damion

Damion’s Website

QRP Book: How to Get Checkbook Control of Your 401(k) & IRA Money Now by Damion S. Lupo


The Real Estate Guys

Deal Maker Live

Hal Elrod

Damion Lupo on ABI EP079

Tom Wheelwright

Michael’s Mentoring Program

Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate—Even Without Experience or Cash by Michael Blank

Podcast Show Notes

Review the Podcast on iTunes

Michael’s Website

Michael on Facebook

Apartment Investor Network Facebook Group

Michael on Instagram

One Response

  1. Hello to all, it’s actually a pleasant for me to go to see
    this site, it consists of valuable Information.

Where can we send your Calculator?

You have Successfully Subscribed!