Want to retire overseas? Learn how you can buy your Dream Home Tax-free with your Retirement Funds with a Self Directed IRA or Solo 401K Plan

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June 22nd, 2011

The real estate market looks to be more appealing now more than ever, due to the reasonable prices in this market. IRA Financial Group and its panel of expert tax attorneys can help you make any home in the world you wish to have, an acquisition. Take control of your future with IRA Financial Group and its Self-Directed IRA LLC or Solo 401K structures.

It’s a little-known fact that domestic or foreign Real Estate can be purchased with retirement account funds. When using a Self-Directed IRA LLC or Solo 401K Plan for investments in real estate, your profits are tax-deferred back into your retirement account. More important, if you have full checkbook control over your Self-Directed IRA LLC or Solo 401K, the purchases can be made on the spot as fast as you can write a check. In the case of a Self Directed Roth IRA LLC, your gains are tax-free and you can take personal ownership of the property tax-free at the age of 59 1/2.

The purchase of Real Estate in today’s marketplace is a surprisingly advantageous investment for a Self-Directed IRA LLC or Solo 401K Plan, since the best deals are typically foreclosures, short sales and estate sales. These characteristics make a perfect investment climate for the individual with full checkbook control Self Directed IRA LLC or Solo 401K Plan.
In addition, the Solo 401K Plan offers a highly attractive loan feature allowing for the purchase or financing of domestic or foreign real estate. Under the Solo 401K Plan, a participant can borrow up to either $50,000 or 50% of their account value – whichever is less. The IRA Financial Group Solo 401K Plan documents will allow you to use a loan from your Solo 401 K for any real estate investment purposes.

A Self Directed IRA LLC or Solo 401 K Plan allows you to make either domestic or foreign real estate investments. Our tax attorneys have significant experience structuring real estate transactions in a number of foreign jurisdictions including Costa Rica, Panama, Belize, India, Hong Kong, France, Germany, Canada, Ecuador, UK, and Brazil. Our tax attorneys will work with you to come up with the most tax advantageous manner in which to make the foreign real estate investment. Whether that involves examining local tax rules or an income tax treaty, our tax attorneys will assist you with understanding the tax implications of making the foreign real estate investment. Whether it is residential or commercial real estate property, using a Self Directed IRA LLC or Solo 401K Plan to invest in domestic or foreign real estate offers tax advantages, such as tax deferral and/or tax-free repatriation of income.

IRA Financial Group tax attorneys have significant experience in structuring foreign real estate investments that are tax efficient from a U.S. and foreign tax perspective!