Because self-directed IRA clients typically purchase real estate in cash with no financing, they have generally had good success closing on real estate transactions which has proved to be a nice benefit to real estate professionals
Miami, FL (PRWEB) August 06, 2013
IRA Financial Group, the leading provider of self-directed IRA LLC with “checkbook control” structures announces the findings of its internal report which shows that an influx of cash from self-directed IRA real estate investors into the real estate market has significantly helped real estate agents expand their client base. With the emergence of the Self-Directed IRA LLC structure, IRA Financial Group has helped thousands of individuals use their retirement funds to make real estate investments in the United States. “We have heard from hundreds of real estate agents who have benefited from self-directed IRA LLC clients who have used retirement funds to make real estate investments, “ stated Adam Bergman, a tax attorney with the IRA Financial Group. “Because self-directed IRA clients typically purchase real estate in cash with no financing, they have generally had good success closing on real estate transactions which has proved to be a nice benefit to real estate professionals,” stated Mr. Bergman.
The primary advantage of using a self-directed IRA LLC to make real estate investments is that investments can be made by simply writing a check. In addition, all income and gains associated with the IRA real estate investment grow tax-deferred. “With a self-directed IRA LLC retirement investors are able to act quickly when the right real estate investment presents itself, greatly accelerating the likelihood of winning a bidding war, something that many of our real estate agents appreciate, “ stated Mr. Bergman.
With IRA Financial Group’s real estate IRA solution for real estate, 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. “Even with real estate prices increasing, our clients are still finding attractive real estate opportunities for the self-directed IRA LLC and gaining the opportunity to move quickly on a potential investment, “ stated Adam Bergman, an in-house tax attorney with the IRA Financial Group. “Using a Self Directed IRA LLC to buy real estate presents a number of exciting tax planning opportunities, “ stated Mr. Bergman.
IRA Financial Group’s 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 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 manager of the IRA LLC, the IRA owner will have control over the IRA assets to make traditional as well as non-traditional investments, such as real estate.
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.