Nov 26, 2024
In this episode, we sit down with John ‘Jack’ Kiley, CPA and managing partner of MidAtlantic IRA, LLC, to explore the power of self-directed IRAs in building wealth. With over 30 years of experience in public accounting, Jack shares his expertise in tax strategies, retirement planning, and financial growth for high-net-worth individuals and closely held businesses.
Tune in to learn how Jack combines his roles as a CPA, entrepreneur, and real estate investor to help clients unlock new opportunities through self-directed retirement strategies!
Key Talking Points of the Episode
00:00 Introduction
01:20 How Jack got into real estate investing
02:51 The benefits of Jack’s financial background in real estate
04:02 Real estate strategies that worked for Jack
05:16 How new investors can succeed in real estate
07:01 What makes Jack Kiley successful?
08:59 The story behind Midatlantic IRA
10:22 What it’s been like to build the Midatlantic IRA team
12:00 What self-direction is really about
13:14 How Midatlantic IRA is providing education to individuals
14:32 What people in strategy groups learn from Jack and his team
16:02 Why it’s important to understand how self-direction works
17:11 What makes Jack an expert in self-directed IRAs
19:33 The most pivotal moments in Jack’s career
21:02 How networking has helped Jack in growing Midatlantic IRA
23:14 How mentorship has impacted Jack’s success
25:26 What the future looks like for Midatlantic IRA
26:53 What Jack is passionate about outside of real estate
28:25 How to get in touch with Jack and his team
Quotables
“I view myself as a generalist. I might not have the answer to something, but I probably know someone that does – connecting those dots is helpful.”
“You have to be self-sufficient. You have to build streams of cash flow. You have to be able to provide for yourself or not just earn a living, you have to have something else.”
“We help each other and I think that’s fairly common, quite frankly, in real estate.”
Links
Midatlantic IRA
https://www.midatlanticira.com
RCN Capital
https://www.rcncapital.com/podcast
https://www.instagram.com/rcn_capital/
REI INK