Wholesale Property in Your IRA

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Education & Training with uDirect IRA Services, LLC
Wholesale Properties in your IRA ~ Let your IRA realize the cash-flow How to Acquire Real Estate That Generates a larger than average Annual Return Internationally recognized real estate investment firm, Mason Hill will discuss their innovative approach to acquiring and buying wholesale properties for long-term monthly cash flow. Mason Hill will share how they locate rent-ready properties and turn them into a profit center - generating a net profit of $650 to $1,000 per property per MONTH (after deducting mortgage payments, taxes, property management fees, etc.) – and that's not including appreciation! CLICK HERE to register: https://www1.gotomeeting.com/en_US/island/webinar/registrationPost.tmpl?Action=rgoto&_sf=2 In this 60-Minute Presentation Learn: - How to find real estate that generates large rates of return (and "pays" your IRA EVERY MONTH). - What investments are the best in this economy. - How to profit from the real estate bubble bust and what U.S. markets generate the highest return on investment. - What successful investors are doing RIGHT NOW to earn consistent monthly profits. - The benefits of investment real estate - tax breaks, appreciation, monthly profits. - How to produce a truly "hands off" cash flow stream - you don't need to worry about fixing up the property, finding tenants or any of the headaches typically associated with rental real estate. - How to use your IRA or 401k to earn a larger than average annual return. Date: Tuesday May 18, 2010 Time: 10:00am - 11:00am PDT To Register: https://www1.gotomeeting.com/en_US/island/webinar/registrationPost.tmpl?Action=rgoto&_sf=2

Comments (2)

John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

Interesting concept. I have heard of self-directed IRAs for investing in flips but I have never heard of doing wholesale deals with them. I am sure one needs to be careful how the funds are handled to avoid penalties.

Apr 15, 2010 01:48 PM
Kaaren Hall
uDirect IRA Services, LLC - Irvine, CA
You can invest in real estate using your IRA!

It's a common misconception to think you withdraw the funds from the IRA in order to purchase real estate.  This is not the case.  With a self-directed IRA, the IRA buys the property, just like an IRA would buy a share of stock.  There are no penalties because the IRA is buying the property with IRA dollars.  So long as the property is for investment purposes only, this is allowed.  Where is that written, you ask?  Look at www.IRS.gov and look up Pub 590.

Apr 15, 2010 02:13 PM