Advanta IRA Services Holds Upcoming Webinar to Investors Considering Private Lending as Investments in Self-Directed IRAs
Largo, FL (PRWEB) September 25, 2013 -- In private lending transactions, the self-directed IRA plays the part a bank normally does by providing loans for mortgages and trust deeds, secured and unsecured notes, and even for things such as judgments and structured settlements. “Savvy investors make private loans to individuals or entities in efforts to potentially increase the wealth of their retirement accounts—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 and borrower. “The private lender (IRA) provides capital to the borrower much faster and with more accommodating terms than traditional lending institutions,” says Callahan.
The IRA owner chooses the loan recipient, the type and terms of the loan, and also decides whether to provide secured or unsecured loans. Secured loans are backed by collateral to protect from default. Unsecured loans typically are offered at a higher rate of interest 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 webinar on September 26, 2013 from 12:00-1:00pm. Investors of all levels are invited and encouraged to attend. This webinar discusses the benefits and risks (prohibited transactions and being careful not to lend to disqualified persons) of private lending investments.
Event: Seminar – Webinar – Private Lending with a Self-Directed IRA
Date: September 26, 2013
Time: 12:00 – 1:00pm
Location: Online
Cost: No charge
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]
Share this article