Significant pricing opportunities in real estate market attracting self-directed IRA real estate investors in 2017.
IRA Financial Group, the leading provider of self-directed IRA LLC solutions, announces the findings of an internal report that shows a recent trend in self-directed real estate IRA investors turning to real estate flipping transactions as an investment option in 2017. The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. “With IRA Financial Group’s checkbook control self-directed IRA LLC solution, buying and flipping rental estate is as simple as writing a check and is there are no transaction fees,“ stated Danielle Stevens, 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. Stevens. 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. With IRA Financial Group’s self directed IRA LLC solution, traditional IRA or Roth IRA funds can be used to buy real estate throughout the United States and globally in a tax-deferred account by simply writing a check and without the need of custodian consent or steep custodian fees. “Of course, one must due their diligence on the real estate note their self-directed IRA is purchasing, but, in general, purchasing real estate notes is a great way to get into the real estate market as a passive investor using IRA funds,“ stated Adam Bergman, a tax partner with the IRA Financial Group.
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. Mr. Bergman has written six books on the taxation of self-directed retirement plans including the best selling book,“Going Solo”, which is also available on Amazon.
IRA Financial Group is the market’s leading provider of self-directed IRA LLC 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.