Cash Flow Cliff Notes
Learn in bits
Live long and healthier by using your talents
Did you know that you can leverage your HSA (Health Savings Account) plan to invest in cash-flowing real estate? If your employer offers an HSA plan, there's a great opportunity to maximize your tax benefits while growing your wealth.
By switching to a self-directed HSA, you can use your HSA funds to invest in real estate. This means that when you collect rental income, it becomes tax-free cash flow, helping you build wealth even faster.
I can already hear you thinking, “But Mike I don't have enough in my HSA to buy anything.” Wrong! I have a friend who invested in a cow with his HSA…a COW! His HSA bought the cow, paid to feed the cow, and when the cow was slaughtered his HSA shared in the profits with the farmer. (P.S. I'm attempting the same with alpaca down the street, I'll keep you updated on that)
Oh…you're a Vegan. Ok, simply call your HSA custodian and tell them that you want your HSA to joint venture with…your IRA, your Solo 401k, your buddy's cash, your buddy's IRA, etc. By partnering with your other accounts, or your financial friend's accounts, now your growing!
Furthermore, as you approach retirement, you'll have a substantial tax-free nest egg to cover any health-related expenses that may arise.
Take advantage of this powerful strategy and explore the possibilities of tax-free real estate investments through your HSA plan.
Stay tuned for more insights on wealth-building strategies that align with your financial goals and health.
Wishing you a prosperous future,
Mike Marino, The Cash Flow Guys