Splash Resort 704 West
PHOTO: Splash Resort 704 West in Panama City Beach, Florida. Owned by "Equity Trust Company fbo James Richard Dorgan IRA.' Self managed by author at https://www.vrbo.com/863722
Learn how to create the ultimate
wealth building IRA
Although you may not have enough personal funds to buy a vacation rental, your IRA may have enough.
If this is your situation, James explains how your IRA can then be used to purchase your next vacation rental.
29 MINUTE VIDEO CLASS: How to use your IRA to purchase vacation rental, self manage it, and correctly return all rental income back into the IRA. You then own an appreciating asset within your IRA, with rental income also flowing back into the IRA.
James teaches you how to created this tremendous WEALTH BUILDING SYSTEM inside your IRA.
REAL TIME EXAMPLES: To assist with demonstrating the concepts, the author uses real time examples from his Splash Resort 704 unit which is owned by his IRA, self managed by him, with all rental income flowing back into his IRA.
SUMMARY: You liquidate your IRA. You transfer the funds to Equity Trust Company (ETC), who is a holding company for your IRA funds. You then locate a vacation rental within your IRA budget. You then direct ETC to buy the vacation rental at closing for your benefit. After purchase, you self manage the vacation rental through VRBO. All rental revenue then flows back into Equity Trust Company as rental income, akin to a dividend on an IRA stock.
IMPORTANT RULES: You cannot personally use the vacation rental. Rental income must not pass through any of your own personal (non-IRA) accounts, but rather, processed either by ETC, or by a 'non-disqualified person.' Multiple other rules are also covered.
FAQ's
What does the fee cover?
This EXHIBITION CLASS may be purchased individually. The fee covers enrollment in this exhibition class only.
How long is the EXHIBITION CLASS?
29 minutes
What examples are used?
As James Dorgan used his IRA to purchase Splash Resort 704 West, self manage it, and currently owns it now, he uses that vacation rental as a real time example on needed concepts. The listing may be found at https://www.vrbo.com/863722
Does the comprehensive Vacation Rental Training Course also include this EXHIBITION CLASS?
Yes. If you purchase the comprehensive 30+ hour vacation rental training course, this EXHIBITION CLASS is included as Chapter 8.
If I take this EXHIBITION COURSE, and then decide that I want to take the comprehensive Vacation Rental Training Course, do I get any credit for the Exhibition Class?
Yes. Upon completion of one or more EXHIBITION CLASSES, simply email the instructor for a coupon to be used towards the purchase of the vacation rental training course.
Additional Training Options
Contact Info
James Dorgan, Esq.
Law Office James Dorgan, P.C.
338 Fairhope Avenue
Fairhope AL 36532
Phone: 251-928-0192
Email: [email protected]
Facebook: https://www.facebook.com/dorganlaw/
YouTube: https://www.youtube.com/c/jamesdorgan