The “Checkbook Control” Self-Directed IRA has helped our retirement clients move quick on the ability to purchase discounted real estate notes by simply writing a check
New York, NY (PRWEB) March 03, 2015
IRA Financial Group, the leading facilitator of self-directed IRA LLC solutions, announces, has seen a recent trend in self-directed IRA real estate investors turning to real estate notes as an investment option in 2015. Because of the supply for real estate notes at discounted prices has not yet dried up, self-directed IRA real estate investors are turning to real estate notes as a source for strong tax-deferred gains. The main reason there are so many real estate notes at discounted prices still in 2015 is simply because there are so many of them out there following the nation’s most recent foreclosure crisis that began in 2006. “By using a self-directed IRA that has cash, our clients have has great success in finding and closing on attractive real estate deals, “ stated Jacky Ospina, a retirement tax specialist with the IRA Financial Group. “The “Checkbook Control” Self-Directed IRA has helped our retirement clients move quick on the ability to purchase discounted real estate notes by simply writing a check,” stated Ms. Ospina.
The primary advantage of using a Self Directed IRA LLC to make real estate note investments is that it can be done 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. “According to Ms. Ospina, the purchase of real estate IRA notes is a great way for self-directed IRA investors, who are required by IRS rules to be passive investors, to take advantage of the attractive real estate market while staying in line with the IRS prohibited transaction rules.”
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 steep custodian fees. “Of course one must due their diligence on the real estate note their self-directed IRA is purchasing, but, in general, purchasing real estate notes is a great way to get into the real estate market as a passive investor using IRA funds, “ stated Adam Bergman, a tax partner with the IRA Financial Group.
According to 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.