Lunch & Learn with Advanta IRA Services and Discover How Your Self-Directed IRA Can Make Private Loans Just Like a Bank
Largo, Florida (PRWEB) November 06, 2013 -- In private lending transactions, the IRA plays the provides loans for mortgages and trust deeds, secured and unsecured notes, and even for things such as judgments and structured settlements. “Private lending investments have the potential to increase the wealth of retirement accounts on a tax-free or tax-deferred basis—through earnings on interest rates and repayment terms of these loans,” says Jack Callahan, Managing Partner of Advanta IRA Services.
Private lending through a self-directed IRA offers benefits for both the lender (IRA) and borrower. “The IRA provides a loan to the borrower much faster and with better terms than banks or mortgage loan companies. The IRA owner controls the terms of the loan and can offer secured or unsecured loans,” says Callahan. Secured loans are backed by collateral to protect from default. Unsecured loans are offered at higher interest rates in lieu of collateral.
In an effort to educate investors nationwide on the benefits and risks of private lending, Advanta IRA Services is holding a lunch and learn on November 8, 2013 from 12:00-1:30pm. Investors of all levels are invited and encouraged to attend.
Event: Lunch & Learn – Be the Bank with a Self-Directed IRA
Date: November 8, 2013
Time: 12:00 – 1:30pm
Location: 13191 Starkey Road, Ste. 9, Largo, FL 33773
Cost: No charge. Lunch is provided
Register: By contacting Scott Maurer by phone at (727) 581-9853 x 1123, or by emailing smaurer(at)advantairagroup(dot)com.
About Advanta IRA
Advanta IRA Services, located in Largo, Florida, has been in operation for over 8 years, providing administrative service to owners of self-directed IRAs throughout the Tampa Bay and Sarasota, Florida regions. Advanta IRA Administration offers a second location serving the Atlanta, Georgia area and surrounding regions. Both offices are managed by Jack Callahan, J.D., CFP™. Advanta IRA offers classes, seminars and other educational tools designed to assist clients in managing self-directed IRAs by investing in real estate, notes, private placements and other non-traditional assets that have the potential to maximize IRA earnings on a tax-free or tax-deferred basis.
About Jack Callahan
Jack M. Callahan, J.D., CFP™, is the managing partner at Advanta IRA Services in Largo, FL and Advanta IRA Administration in Atlanta, GA. Jack established the corporate office, Advanta IRA Services, in 2003. Prior to that, Jack delivered specialized counsel to real estate investors, small business owners and real estate professionals on tax, legal and financial matters. As an industry expert, Jack is a frequent speaker on the topic of self-directed retirement plans and an accredited continuing education instructor for the Florida and Georgia Bar Associations, Florida and Georgia Real Estate Commissions, and The American Institute of Certified Public Accountants. He earned his bachelor of science degree in finance and multinational business from Florida State University and his law degree from the University of Florida College of Law.
Jack Callahan, Advanta IRA Services, LLC, http://www.advantaira.com, 727-581-9853, [email protected]
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