President Obama’s Proposal to Increase Capital Gains Tax Rate Expected to Create Strong Demand for Self-Directed Real Estate IRA, According to IRA Financial Group
New York, NY (PRWEB) January 20, 2015 -- IRA Financial Group, the leading provider of “checkbook control” self-directed IRA LLC and Solo 401(k) plan solutions, expects to experience a growth in demand from wealthy retirement investors looking to use IRA funds to buy real estate and generate tax-deferred income in light of a call for capital gains increases for the wealthy. Based on a January 19, 2015 report by CNN, IRA Financial Group expects the President in his State of the Union speech on January 20, 2015, will propose several new economic ideas, including tax hikes on capital gains. IRA Financial Group expects that the president will propose raising the capital gains rate to 28 percent, up from 20 percent, which is the maximum most taxpayers pay now. According to CNN, the President is also expected to propose increasing the capital gains and dividends tax rate from 23.8% to 28% for couples earning more than $500,000 a year.
“We believe wealthy investors with retirement funds will take note of the expected tax increases and will start looking at retirement solutions that can help minimize the expected capital gains tax increase," stated Adam Bergman, a tax partner with the IRA Financial Group.
“I think it is fair to assume that there will be a surge in wealthy Americans seeking to establish a self-directed real estate IRA LLC to make deferred investments and avoid the increased capital gains tax," stated Mr. Bergman, Esq.
The primary advantage of using a Self Directed IRA LLC 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 or solo 401(k) plan with “checkbook control” solution to make real estate investments offers a number of very interesting investment opportunities, including the ability to diversify ones retirement portfolio with real estate, precious metals, and other alternative investment options, as well as generate tax-deferred income. “By making year-end self-directed real estate IRA investments, retirement investors can generate tax deferred income or gains, “ stated Mr. Bergman.
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 real estate 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.
Jaclyn Baily, IRA Financial Group, LLC, http://www.irafinancialgroup.com, +1 (800) 472-0646 Ext: 9, [email protected]
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