Our self-directed IRA clients are seeing the U.S. real estate market bottom approaching and want to be able to take advantage of the opportunity with their retirement funds
Miami, FL (PRWEB) August 27, 2012
IRA Financial Group self directed IRA real estate investors have recently seen a surge in seller strength in the U.S. real estate market in line with a recent report from the Federal Housing Finance Agency (FHFA) Report released August 23. The FHFA report showed sellers gaining more power in U.S. real estate market. According to the FHFA data, the first and second quarter of this year delivered the first year-over-year increase in the seasonally adjusted purchase-only house price index (HPI)( since the first and second quarters of 2007). The second quarter registered a 1.3% inflation-adjusted price increase. Forty-three states experienced price increases.
IRA Financial Group, the leading facilitator of self-directed IRA LLC structures, has seen an increased demand from investors looking to take advantage of a rebounding real estate market by using their retirement funds. “Our self-directed IRA clients are seeing the U.S. real estate market bottom approaching and want to be able to take advantage of the opportunity with their retirement funds,” stated Maria Ritsi, a senior paralegal with the IRA Financial Group. “Our clients are expecting to be able to significantly grow their retirement savings over the next few years by focusing their investments in real estate and away from Wall Street “ stated Ms. Ritsi.
Hoping to take advantage of a real estate market that many believe has it the bottom, many investors have been turning to the self-directed IRA LLC solution as a means for purchasing real estate.
The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. IRA Financial Group’s true self directed IRA LLC solution involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make real estate and other investments tax-free and without custodian consent.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market's leading “checkbook control Self Directed IRA Facilitator. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.