Use retirement funds to buy and flip real estate or rental properties tax-free with no transaction fees with IRA Financial Group’s Self-Directed IRA real estate LLC solution
IRA Financial Group, the leading provider of self-directed IRA LLC solutions, introduces the checkbook control real estate IRA for buying and selling rental properties without tax.
The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. “With IRA Financial Group’s checkbook control IRA LLC solution, buying and flipping rental estate is as simple as writing a check and is there are no transaction fees, “ stated Jacky Ospina, a self-directed IRA specialist with the IRA Financial Group. “As the manager of your checkbook control IRA LLC, the IRA holder will have control over his or her IRA funds so that flipping a home can be made through a local bank account with no transaction costs or annual account valuation fees,” stated Ms. Ospina. The primary advantage of buying rental properties with retirement funds is that all rental income generated by the property is tax-deferred until a distribution is taken (Traditional IRA distributions are not required until the IRA owner turns 70 1/2). In the case of a Self-Directed Roth IRA LLC, all gains are tax-free.
The checkbook control self-directed IRA LLC offers one the ability to use his or her retirement funds to make almost any type of investment on their own without requiring the consent of any custodian or person, including real estate. The IRS only describes the type of investments that are prohibited, which are very few.
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 proudly announces the latest book titled “The Checkbook IRA” written by tax partner Adam Bergman, which is now available on Amazon. This is the second book in a four-part series on self-directed retirement plans. The first book “Going Solo” is also available on Amazon.
IRA Financial Group is the market’s leading provider of self-directed IRA and Solo 401(k) plans. 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.