Sun-drenched states like Arizona, California and Florida continue to be popular investment markets for self-directed IRA real estate investors
IRA Financial Group, the leading provider of self-directed IRA LLC solutions and Solo 401(k) Plans announces the result of its survey, which examined the investments being made by over 7,000 of its Self-Directed IRA and Solo 401(k) Plan clients. IRA Financial Group sent a survey to over 6,000 of its self-directed IRA and Solo 401(k) asking for the identity of the investments being made with their self-directed IRA or Solo 401(k) Plans. Over 700 clients responded and the survey showed that a strong majority of retirement clients have used their self-directed IRA or Solo 401k plan solutions to make real estate investments in Florida, California, and Arizona. Self-directed IRA investors are looking to the Conventional best areas for retiring when deciding where to make self-directed IRA investments. “Over the last several years, our self-directed and Solo 401(k) Plan clients have taken advantage of real estate investment opportunities in Florida, California, and Arizona, “ stated Adam Bergman, a tax partner with the IRA Financial Group. According to Mr. Bergman, “real estate in the traditional best states for retiring has become the investment of choice for our self-directed IRA and Solo 401k) Plan clients.”
The primary advantage of using a Self Directed IRA LLC to make investments is that all income and gains associated with the IRA investment grow tax-deferred.
With IRA Financial Group’s self directed IRA LLC solution, traditional IRA or Roth IRA funds can be used to buy a vacation property tax-free. “With depressed real estate prices, many retirement investors are looking to buy their dream retirement home with IRA funds as a year-end tax planning solution stated, Adam Bergman, a tax attorney wit the IRA financial Group.“ “Using a Self Directed IRA LLC to buy real estate presents a number of exciting tax planning and retirement opportunities,“ stated Jacky Ospina, a tax specialist with the IRA Financial Group. “By investing in traditional hot states for retiring, such as Florida, California, and Arizona, self-directed IRA investors have looked to take advantage of depressed real estate prices while at the same time providing them with the option of taking the property as a distribution and moving into the home upon retiring,“ stated Ms. Ospina.
IRA Financial Group’s Self-Directed IRA for real estate investors, also called a real estate IRA with checkbook control, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. The Self-Directed IRA LLC involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the Roth IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA owner will have control over the IRA assets to make traditional as well as non-traditional investments, such as real estate.
Using IRA Financial Group’s self directed IRA LLC with “checkbook control” solution to make real estate investments offers a number of very interesting investment opportunities, including the ability to diversify ones retirement portfolio with real estate, precious metals, and other alternative investment options.
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 is the market’s leading “checkbook control Self Directed IRA Facilitator. 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.