Miami, FL (PRWEB) October 30, 2012
Although the Presidential candidates have not focused on the domestic real estate market as part of their campaign strategy, real estate continues to play a crucial role in many self directed IRA investors mind when choosing a candidate, according to an IRA Financial Group report. With over 45 million U.S. IRA holders, retirement investors could play a crucial role in determining the next U.S. President.
IRA Financial Group interviewed over 100 self directed IRA real estate investors about how the domestic real estate market will play a role in making a voting decision for a presidential candidate, and over 80% of those interviewed said the real estate market will play an important role in their decision as to which candidate to support in the upcoming 2012 Presidential election. “ We have seen a considerable amount of interest regarding each presidential candidate’s stance on the protection of retirement benefits and how each of their respective policies will impact the U.S. real estate market, “ stated Adam Bergman, a tax attorney with the IRA Financial Group. “As the presidential election nears, more and more retirement investors are stating that they will vote for the candidate they believe will make the strongest impact on the U.S. real estate market and the overall economic growth, “stated Mr. Bergman.
A Self-Directed IRA for real estate investors, also called a real estate IRA with checkbook control, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. The Self-Directed IRA 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 owner will have control over the IRA assets to make the investments he or she wants and understand – not just investments forced upon you by Wall Street.
With a self-directed real estate IRA with checkbook control established through IRA Financial Group, an investor is able to use retirement funds to make domestic or foreign real estate, precious metals, tax liens, foreign currency, and many other investments tax-free and without custodian consent! Using a self-directed IRA LLC, clients of the IRA Financial Group have the ability to take advantage of the rebounding real estate market by using retirement funds to make tax-free real estate investments.
Maria Ritsi, a senior paralegal with the IRA Financial Group, expands on the benefits of using a self-directed IRA LLC with checkbook control to make real estate investments and why so many retirement investors are interested on the presidential candidates position on this subject, ”With a real estate IRA structure, retirement investors will have the power to act quickly on an attractive investment opportunity. When one finds a real estate investment, simply write a check or wire the funds straight from the Self-Directed IRA LLC bank account to make the investment.” The Self-Directed IRA allows one to eliminate the delays associated with an IRA custodian, enabling one the ability to act quickly when the right investment opportunity presents itself. In addition, with the Self-Directed IRA structure, all income and gains from IRA investments will generally flow back to your IRA LLC tax-free.
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 and Dewey & LeBoeuf LLP.
IRA Financial Group is the market’s leading “Checkbook Control” Self Directed IRA and Solo 401k Plan Facilitator. We have 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 tax-free and 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.