IRA financing is using your IRA account.
You are directing your funds
a property investment.
You can not live in the property.
Did you know your IRA can purchase real estate? That's right,since 1975 IRA's
and 401k plans have been afforded the ability to purchase real estate, which has helped many investors create large nest eggs
by investing in what they know and understand. As the famous investor Louis Glickman once said, "The best investment
on earth is earth."
By simply transferring your IRA from the bank or brokerage firm
you are currently using to a self-directed IRA administrator, you gain the ability to make your own investment decisions,
without being limited to the stock market. With all of the uncertainty in the stock market, now more than ever is the time
to learn how to take control of your retirement plan and invest in what you know and understand...real estate!
Self-directed IRAs offer substantial tax advantages that have made many millionaire investors. The greatest
advantage is that IRA investors pay no capital gains tax when the property is sold by the IRA. In addition, because the profit
from the sale is deposited back into the IRA with no tax on gain or growth, the investor enjoys the power of compound interest
to invest the next real estate deal. Although IRS 1031 exchanges can be used to fund partial IRA investments in real estate,
self-directed IRAs do not have the same limitations and holding periods, thus are much more flexible. Finally, if you're like
many investors who are tired of poor-performing investments in stocks, bonds, and mutual funds, self-directed IRAs offer true
portfolio diversification; i.e., in real estate, to help build wealth via tax-deferred or tax-free income-generating assets!
Your first step in purchasing real estate is to have a trusted Realtor who is knowledgeable
in finding your ideal property. Purchasing real estate with your IRA is very similiar to convential means, but IRS regulations
must to observed. As with any investing, it's always appropriate to have competent advicer from tax and legal advisors. Beyond
that, the best remedy to avoid problems with the IRS is to become an educated investor by reading or attending a workshop
or seminar on buying real estate in an IRA offered by your local self-directed IRA Administrator,
NuView IRA, Inc. based in Lake Mary FL. To learn more about the company, visit their website:
www.nuviewira.com or call them at 407-367-3472.
Neither myself nor my broker is in any way affiliated
with NuView IRA, Inc. nor are we compensated by them. Please do your own due diligence.