Healthy retirement portfolios depend not simply on the investor, but also his or her financial advisors.
Tampa, Florida (PRWEB) November 24, 2015
Investors are becoming more strategic in planning successful financial futures by using self-directed IRAs to acquire alternative investments, like real estate, to build wealth for retirement. These individuals seek advice from certified public accountants for tax preparation and guidance on earning tax-free and tax-deferred investment income.
“Healthy retirement portfolios depend not simply on the investor, but also his or her financial advisors,” says Jack Callahan, managing partner of Advanta IRA Services in Florida.
Self-directed retirement plans give the account owners total control in acquiring alternative assets of their own choosing—things investors know and understand themselves—instead of relying on a third party to make investments for them. “Self-direction puts investors in the driver’s seat of securing their own successful financial futures,” says Callahan.
Advanta IRA is a self-directed retirement account administrator, but does not give investment advice. However, CPAs can and do provide advice for their clients. One focus of Advanta IRA is to educate professionals in a variety of fields. Scott Maurer, director of business development for the firm delivers critical knowledge to CPAs during this course. Attendees receive 2 hours of CPE credits and learn about the following topics:
This seminar educates the tax professional on the following:
- Types of retirement plans that can be self-directed
- Alternative investments permitted within a self-directed plan
- Prohibited transactions and self-dealing within an IRA
- Financing an IRA investment with a mortgage loan
- Unrelated business income tax (UBIT) issues
During the class, IRS Section 4975 (dealing with prohibited transactions and disqualified persons) is covered extensively using case law and tax court decisions.
Attendees should register in advance, as seating is limited.
Event: CPE Class for CPAs: Real Estate in an IRA-The Potentials and Pitfalls of Alternative Investments
Date: December 1, 2015
Time: 11:30am – 2:00pm
Location: Hancock Bank, 28163 US Hwy 19 N, Suite 101, Clearwater, FL 33761
Register: Before 5:00 pm EST by contacting Scott Maurer by phone at (800) 425-0653, ext. 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 10 years, providing administrative service to owners of self-directed IRAs across the nation. Advanta IRA Administration offers a second location in Atlanta, Georgia. 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.