FinancialSuccessInstitute.org Announces New Self Directed IRA Real Estate Training for Subscribers

Share Article

Financial Success Institute today announced it will be providing new Self Directed IRA Real Estate training for subscribers. Confusion created by traditional financial advisors telling investors that they can't own a Self Directed IRA Real Estate account has become so pervasive that the Internal Revenue Service has addressed the issue on its IRA Q&A webpage. Financial Success Institute sees a clear and immediate need to provide subscribers with the Self Directed IRA Real Estate training they need.

IRA in real estate

Richard Geller CEO and managing director of Financial Success Institute

With our subscribers' interests in mind, the Institute today announced it will increase training for subscribers moving retirement funds into a Self Directed IRA Real Estate account.

Richard Geller, CEO and managing director of FinancialSuccessInstitute.org, stated today, "A growing number of Financial Success Institute subscribers are turning to the Self Directed IRA Real Estate as their retirement vehicle of choice. With our subscribers' interests in mind, the Institute today announced it will increase training for subscribers moving retirement funds into a Self Directed IRA Real Estate account."

Geller continued, "The need for more training regarding Self Directed IRA Real Estate accounts isn't surprising. The Institute's subscribers have been telling us that when they ask their financial advisors about a Self Directed IRA Real Estate account they are told it can't be done. What they are really being told is it can't be done under the structure they are locked into with their Wall Street financial advisor. In fact, the Internal Revenue Service has been trying to clarify this misinformation about the Self Directed IRA Real Estate account. The following quote comes directly from the IRS FAQ page for IRAs:"
"IRA trustees are permitted to impose additional restrictions on investments. For example, because of administrative burdens, many IRA trustees do not permit IRA owners to invest IRA funds in real estate. IRA law does not prohibit investing in real estate but trustees are not required to offer real estate as an option."

Geller adds, "Because FinancialSuccessInsitute.org readers aren't able to learn about Self Directed IRA Real Estate accounts from their financial advisors, they have a perception the rules are complex when it comes to opening a Self Directed IRA Real Estate account. Actually, the rules are simple. The many alternatives that go along with structuring a Self Directed IRA Real Estate Account that creates confusion. This article is a brief example of the Self Directed IRA Real Estate training our subscribers will be receiving."

Geller explains why confusion exists about how to structure a Self Directed IRA Real Estate account. "One of the first Self Directed IRA Real Estate training modules will teach subscribers why the limited liability company (LLC) structure is preferred by most Self Directed IRA Real Estate investors. The misinformation about the Self Directed IRA Real Estate account is so pervasive that even some alternative investment IRA custodians don't offer the LLC structure because they want to retain full control of the Self Directed IRA Real Estate with an in-house account. That allows them to maximize transaction fees and add unnecessary overhead charges. Using the Self Directed IRA Real Estate LLC structure, the investor has 100% checkbook control of the Self Directed IRA Real Estate account. Thus avoiding unnecessary costs"

Geller concludes, "As FinancialSuccessInstitute.org subscribers receive this valuable training about opening a properly structured Self Directed IRA Real Estate account, we expect word to spread that the most accurate training on the subject of Self Directed Real Estate accounts is available from the Institute."

About FinancialSuccessInstitute.org. The institute is devoted to educating readers and subscribes about investing alternatives and safeguarding wealth once acquired. Information regarding the Self Directed IRA Real Estate account is only a small sample of resources available to subscribers. Besides details about the Self Directed IRA Real Estate account, other information readers can access includes the self directed 401K, debt settlement, legally minimizing taxes, tax lien investing, and precious metal investing.

Disclaimer: Information here and at FinancialSuccessInstitute.org is not legal or professional advice regarding the Self Directed IRA Real Estate account or any other retirement account activity. It's intended only as general information sharing. Seek professional assistance regarding your specific circumstances and applicable laws to assure you understand the best way for you to structure your Self Directed IRA Real Estate account or before taking any other retirement account action.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Richard Geller
Visit website