We have seen an increasing number of self-directed IRA and Solo 401(k) Plan clients purchasing rental properties as a means of taking advantage of the hot rental market.
Miami, FL (PRWEB) November 04, 2013
IRA Financial Group, the leading provider of “checkbook control” self directed IRA and Solo 401(k) Plans announces the result of its client survey which highlighted the strong demand for housing rental properties by self-directed IRA clients. According to a number of clients the reason for the strong demand for rental properties is due to the lack of foreclosure opportunities presenting themselves in today's real estate market. Until recently, self-directed IRA real estate investors had focused primarily on purchasing foreclosed homes, at a sharp discount, and converting them into rental properties. Now that the volume of these properties has declined and prices have risen, IRA real estate investors are scooping up newly finished single-family homes to be used as rentals, or even developing vacant lots from the ground up.
“We have seen an increasing number of self-directed IRA and Solo 401(k) Plan clients purchasing rental properties as a means of taking advantage of the hot rental market," stated Adam Bergman, a tax attorney of the IRA Financial Group.
The primary advantage of using a Self Directed IRA LLC and Solo 401(k) Plan to make investments is that all income and gains associated with the IRA investment grow tax-deferred.
Using IRA Financial Group’s self directed IRA LLC with “checkbook control” solution to make real estate investments allows an investor to take advantage of the rising housing rental market and generate tax-deferred income, offers a number of very interesting investment opportunities. “By making self-directed real estate IRA investments, retirement investors can generate tax-deferred income as well as diversifying their retirement portfolio, “ stated Mr. Bergman. With IRA Financial Group’s self directed IRA LLC solution or Solo 401(k) Plan, traditional IRA or Roth IRA funds can be used to make as real estate to better diversify themselves from a falling stock market and take advantage of the rising housing rental market
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.