Alternative Investing Mastery Series
Access Replay for Session 56:
How To Do a Tax-Free IRA to Roth IRA Conversion
Don’t Miss This Replay
Learn from some of the biggest names in investing about how you can win with this downturn.What You’ll Learn In This Replay
Why converting a traditional IRA to a Roth can unlock tax-free withdrawals in retirement
When should investors consider doing an IRA to Roth IRA rollover?
How can investors legally minimize the tax hit on Roth conversions
How to do a valuation discount of your LP investments, and how do they work?
Live Q&A to give you the answers you need
October 25th - Sponsor Due Diligence
Date TBD - More to be announced
Meet Your Presenters
Patrick Grimes
CEO/Founder, Passive Investing Mastery: Diversified Litigation Portfolio, Diversified Medical Receivables Portfolio, Recessionary Acquisitions Fund, Recessionary Income Fund, PIM Rapid Lending
Patrick’s portfolio is diversified across energy, litigation finance, medical receivables, commercial lending, and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow. He speaks on stages nationally, co-authored Amazon #1 best-sellers 'Lesson From Thought Leaders,' and 'Pivotal Leadership,' also an e-book Barnes & Noble #1 Best-Seller, and is a member of the Forbes Business Council, contributing articles on investing and commercial real estate.
For investors who want recession-aware, low-correlation alternatives to traditional markets, Patrick offers four core strategies: (1) PIM’s Diversified Litigation Finance Portfolio, built to provide investors with non-correlated growth by funding a diversified pool of lawsuits through contingency-fee law firms; (2) PIM’s Medical Receivables Portfolio, for investors seeking non-correlated cash flow and growth through financing medical practices’ accounts receivable—billed claims for services already rendered. Patrick also offers two commercial real estate funds, both capitalizing on the downturn in commercial real estate: (3) an Acquisitions Fund, targeting growth through opportunistic property acquisitions, and (4) an Income Fund, targeting stable cash flow through a diversified portfolio of commercial real estate loans.
Patrick holds a BS in Mechanical Engineering and both an MBA and MS in Engineering from San Jose State University. An avid adventurer, he resides in Honolulu, Hawaii.
James Beattey
CEO, Velomon LLC
Jay Beattey is an industry thought-leader in the areas of retirement optimization planning and Roth conversion. His company, Velomon LLC, is the outcome of his experience working with clients and their financial and retirement plans. He discovered, with stunning consistency, that almost everyone has vast financial inefficiencies built into their financial plans. Some of those inefficiencies stem from a lack of knowledge, many from the way the financial services industry is incentivized to dispense advice. By identifying, quantifying, and ‘wringing’ inefficiencies out through proper planning, many clients improve their lifetime income or wealth by $1,000,000 or more. In fact, Velomon’s ‘Million Dollar Miner’ engagement guarantees it. Taxes are often the area of greatest inefficiency, and Roth conversion is the antidote to tax inefficiency. Velomon’s approach to Roth conversion is different. It looks first at what tax system will benefit the client the most – the default system we get by not converting, or the alternate tax system we access through conversion. When conversion is the better route, Velomon then applies unique strategies to reduce the conversion tax, shifting tax dollars to the client’s ledger. Jay has been in his current role for 21 years, following a successful career as a corporate executive, where he most recently served as the CEO of a worldwide relocation company – Allied Van Lines. He is a teacher, trainer, speaker, media personality, and he has written three books including, Rigged, Unlearning Mainstream Financial Propaganda and Building your Personal Fortune; and 401 (Not) OK – the Sixteen Things you Agreed to when you said “Yes” to the 401k and a new children’s Christmas book, The Night the Animals Met the King. Jay is a graduate of Indiana University and has his MBA from the Henley Management College in London.