The lack of first time homebuyers in the real estate market has opened the door for Self-Directed IRA and Solo 401(k) plan investors to take advantage of some attractive investment opportunities
New York, NY (PRWEB) November 05, 2014
IRA Financial Group, the leading provider of “checkbook control” self-directed IRA LLC solutions, has seen a surge in self-directed IRA investors looking to the real estate market for investment opportunities. Accordingly, the influx of self-directed IRA real estate investors into the market has helped bolster the U.S. real estate market in light of a lack of first time home buyers. The percentage of homes that were sold to first-time home-buyers dropped to 33% in 2014, the lowest percentage in almost three decades, according to the National Association of Realtors. Typically, first-time home-buyers comprise about 40% of all purchases. “With mortgage rates at very low rates it is somewhat surprising that first-time home buyers are not looking to jump into the real estate market, “ stated Adam Bergman, a tax partner with the IRA Financial Group. The lack of first time home-buyers in the real estate market has opened the door for Self-Directed IRA and Solo 401(k) plan investors to take advantage of some attractive investment opportunities. “It is fair to blame the lack of first time home buyers in the real estate market on increasing student debt loads and salaries that aren't keeping up with rising home prices,” stated Mr. Bergman.
The primary advantage of using a Self Directed IRA LLC to make investments, such as real estate, is that investments can be made by simply writing a check. In addition, all income and gains associated with the IRA investment grow tax-deferred and return to the IRA LLC.
With IRA Financial Group’s self directed IRA LLC solution, traditional IRA or Roth IRA funds can be used to buy real estate throughout the United States and globally in a tax-deferred account by simply writing a check and without the need of custodian consent or high custodian fees. “The lack of first-time home buyers in the market has presented many attractive real estate investment opportunities for our Self-Directed IRA clients, “ stated Mr. Bergman.
IRA Financial Group’s Self-Directed IRA LLC for real estate investors, also called a real estate IRA with checkbook control or a Self-Directed real estate IRA, 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 LLC involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the Roth IRA custodian) and managed by the IRA holder or any third-party. As a result, the Self-Directed IRA LLC provides the retirement account holder with greater control over his or her retirement assets allowing the individual to make traditional as well as non-traditional investments, such as real estate tax-deferred and with much lower annual fees.
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 and Solo 401(k) Plan provider. 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.