If you are like most other people, your savings/retirement fund has probably been effected over the past 5 years. What if there was a way to invest in real estate at one of the best times in US history to buy through your retirement account? THERE IS.
We are working with a growing number of investors that have discovered that they can use money in their IRA's to buy real estate - anything from raw land to single family homes to commercial buildings.
Can I benefit from tax advantages when investing inside of an IRA? You can't deduct property taxes or mortgage interest, and you can't use depreciation. When you sell a property, a traditional IRA turns the profit into ordinary income rather than capital gains. With a ROTH IRA, profit would be tax-free.
Can I finance a real estate investment if I don't have enough money in my IRA? Although it does add a lot more complexity to the deal, you CAN finance a real estate transaction through an IRA. Since you can't personally guarantee a loan through an IRA, you will have to fina a bank that will allow you to finance the purchase through a non-recourse loan. If you like help finding a provider, please give us a call and we'll be glad to help.
Who are some custodians that offer self-directed IRA's that I can use to start investing?
Equity Trust Company
The Entrust Group
If you would like more information on some of our investment programs, please give us a call today.