The Dentist Freedom Blueprint
The Dentist Freedom Blueprint
Transform your practice into a cash machine while investing in capital assets outside the practice to increase your net worth, create passive cash flow and give you the freedom you've earned.

Bernard Reisz – The Advantages and Caveats of Checkbook Control IRA and QRP Investing

Bernard Reisz – The Advantages and Caveats of Checkbook Control IRA and QRP Investing

3/8/2019 8:25:26 AM   |   Comments: 0   |   Views: 31
Podcast Episode #211: Bernard Reisz – The Advantages and Caveats of Checkbook Control IRA and QRP Investing

Episode #211: Dentist Freedom Blueprint Podcast
Bernard Reisz – The Advantages and Caveats of Checkbook Control IRA and QRP Investing

Bernard Reisz is back on the show to continue our conversation about self-directing alternative investments. (Be sure to check out last week’s episode before listening to this one.) Today we’re talking about the incredible opportunity in flexibility and the importance of being educated in order to do this effectively.

Listen in to hear the different structures that need to be in place when it comes to self-directed investing and how to make the most of your tax advantage status. You’ll learn how to implement the right structures to give you direct control over your funds, how compliance burden works, and how to create 401k plans that are less affected by this and have smaller costs.

Minute Markers:

1:41 – How Bernard defines an ideal client.
3:53 – The benefits of using checkbook control and who might benefit from it.
5:20 – How to implement structures that give you direct control of your funds.
7:15 – What a solo-401k is and who qualifies for it.
9:57 – How things change when you own your own business with employees.
11:24 – Misconceptions about what qualifies as a trade or business and the investment implications.
12:59 – The best option for those who own businesses.
15:09 – Basic rules for having a checkbook IRA.
17:23 – How a non-recourse loan works.
20:25 – What to do if you’ve accidentally done a prohibited action—and how to mitigate the risk of doing so in the future.
22:39 – The importance of working with the right people.

 Featured on the Show:

Bernard Reisz: LinkedIn | Investopedia | Twitter  | Facebook
401k Checkbook
Agent Financial

 Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think):

1. Listen to my weekly podcast:

“The Dentist Freedom Blueprint.” Listen at: It’s where I connect with my Trusted Advisors and other industry Influencers to dig in deep, sifting and sorting strategies for growing wealth tax-free, creating tax deferral compounding strategies, and building real net worth through sustainable passive cash flow.

2. Grab the first 3 chapters of my latest book:

“From High Income To High Net Worth – For Dentists.” The Ultimate guide for anyone who desires to build cash flow and net worth through real estate investment without ever meeting a tenant or fixing a toilet. Visit and start reading.

3. Apply To Visit The Mastermind:

If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit this link to apply for a seat.

4. Want to Move to the Front of the Line? Fast Access Insider Group:

If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (, and put “Fast Access” in the subject line. Or, call 888-548-5855 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access Insider Group – we’ll set up a time to talk, find out about your goals, and see if there is a fit.

More Like This

Total Blog Activity

Total Bloggers
Total Blog Posts
Total Podcasts
Total Videos


Townie Perks

Townie® Poll

Do you allow parents into the operatory?

Site Help

Sally Gross, Member Services
Phone: +1-480-445-9710

Follow Dentaltown

Mobile App



9633 S. 48th Street Suite 200 • Phoenix, AZ 85044 · Phone: +1-480-598-0001 · Fax: +1-480-598-3450
©1999-2019 Dentaltown, L.L.C., a division of Farran Media, L.L.C. · All Rights Reserved