American IRA CEO, Jim Hitt
A commercial property is not an investment to take lightly, even with the tax benefits of holding a Self-Directed IRA
CHARLOTTE, N.C. (PRWEB) May 10, 2019
Holding real estate through a Self-Directed IRA allows retirement investors to build wealth without relying solely on the stock market. But there is one area which many investors, according to American IRA, often overlook: commercial property.
Holding commercial property within a Self-Directed IRA is a “hard asset that you can see,” according to a recent post at American IRA’s blog. And investors can “understand [commercial properties] more thoroughly than many of your financial assets,” which makes it possible for a commercial property to add new income to an IRA when the investments are made properly.
The article noted that while commercial properties can be very complicated investments, it’s possible for investors to use a team of professionals to help aid in this process. Said the article: “Before you buy a commercial property with your Self-Directed IRA, find a real estate agent who specializes in commercial properties.”
This means that while Self-Directed IRAs often come with more responsibility—for example, in hunting down potential investment ideas and in finding the appropriate venues for them—they can also mean more aggressive returns for the diligent investor.
“A commercial property is not an investment to take lightly, even with the tax benefits of holding a Self-Directed IRA,” said Jim Hitt, CEO of American IRA. “People should be aware of what they are getting into before making life-changing investments like this one. However, with the right approach and the due diligence done, many investors might surprise themselves.”
The article noted that owning real estate with a Self-Directed IRA will require a wide range of regulations to be adhered to throughout the process. Investors will need to know these before making any sort of commercial property investment. To view the post, visit http://www.AmericanIRA.com. For more information, call American IRA at 866-7500-IRA.
About:
American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC.
