Real estate IRA investors with cash and wealthy foreigners making up a bigger percentage of real estate buyers than first-time home buyers
IRA Financial Group, the leading provider of self-directed IRA LLC solutions with “checkbook control” has seen a huge surge in self-directed IRA real estate investors with cash wining bidding wars on homes against first-time home buyers who are facing a difficult time obtaining financing. Cash purchases traditionally make up a small percentage of home sales, however, over the last few years, due to retirement account holders and wealthy foreigners, all cash home sales are becoming the norm and not the exception. “Our self-directed IRA LLC clients are bringing an attractive tactic to the negotiating table: an all-cash offer, which has proven very successful, “ stated Jean Scharfman, a retirement tax specialist with the IRA Financial Group. “It really seems like it is the self-directed IRA investors and wealthy individuals that is keeping the U.S. real estate market alive, “ stated Ms. Scharfman.
The primary advantage of using a Self Directed IRA LLC to make investments is that investments can be made by simply writing a check. In addition, all income and gains associated with self directed IRA investments grow tax-deferred.
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. “By using a self-directed IRA, our clients have been able to use cash to find attractive real estate opportunities while gaining the opportunity to move quickly on a potential investment, “ stated Jacky Ospina, a retirement tax specialist with the IRA Financial Group.
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 is to make real estate investments offers real estate investors the ability to make real estate investments quickly without any custodian delay.
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.
To learn more about the IRA Financial Group please call 800-472-0646.