The “Checkbook Control” Self-Directed IRA has helped our retirement clients purchase real estate using retirement funds without having to incur a tax or early distribution penalty
New York, NY (PRWEB) May 24, 2017
IRA Financial Group, the leading provider of “checkbook control” self-directed IRA LLC solutions, announces the finding of its recent internal report, which showed that a significant amount of new self-directed IRA clients of the IRA Financial Group are looking at real estate investments primarily because they feel they hold their value better than stocks. “In light of the choppy equity markets, many retirement investors have turned to the U.S. housing market as a source for protecting retirement assets from market downturns as well as providing a vehicle for retirement account diversification,“ stated Karen Kruger, a tax professional with the IRA Financial Group. “The Checkbook IRA has helped our retirement clients purchase real estate using retirement funds without having to incur a tax or early distribution penalty,” stated Ms. Kruger.
The primary advantage of using a Self Directed real estate IRA to make investments, such as real estate, is that an investment 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 growth in the real estate market over the last few years has allowed our clients to bolster their retirement account values while also offering diversification from the equities market," stated Adam Bergman, a tax partner with the IRA Financial Group.
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 proudly announces the latest book titled “The Checkbook IRA” written by tax partner Adam Bergman, which is now available on Amazon. Mr. Bergman has written six books on the taxation of self-directed retirement plans including, the best selling book, “Going Solo”, which is also available on Amazon.
IRA Financial Group is the market's leading provider of self-directed IRA LLC and Solo 401(k) plans. 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. To learn more about establishing a self-directed IRA account with the IRA Financial Trust Company please visit http://www.irafinancialtrust.com or call 800-472-1043.