💰 Turn $100K into $200K—Tax-Free? Here’s How

So let's just say you doubled your money. Let's just say it was a home run granddaddy smack deal. You put in $100,000 out of your traditional, converted it to a Roth at 49,000. You paid the taxes on it. Five years later you sell it, you make back $200,000 into your Roth IRA. The IRS can't touch it. You as the account holder can't just walk out one day, look up in the sky and say, oh, you know, I think that I'm going to discount my own account. I'm going to tell my custodian what it's worth based upon what I heard Jeff say on this one. Zoom call. Nope, that doesn't work. Your custodian is going to say, I need an opinion letter from a knowledgeable, educated person who has experience in this area and their professional opinion as an appraiser, as an accountant, as an attorney. That's what they're basing their opinion on.