Backdoor Roth IRA: A good deal or not?

Jim Blankenship is a Enrolled Agent and financial planner (BlankenshipFP)who will tell us the ins and outs of IRA conversions to Roth IRA when your income is too high.  Jim is the author of several books, including "The IRA Owner's Manual".  We are excited to have Jim back so we can ask him lots of detailed questions about Roth IRAs, a very tricky subject when your earned income exceeds certain limits.