Real estate IRA fixed-income solution would allow for the purchase of real estate or rental properties and generate tax-deferred fixed income.
IRA Financial Group, the leading provider of self-directed real estate IRA solutions, introduces a special self-directed retirement solution for fixed in come retirees looking to generate tax-deferred fixed income through a retirement account.
IRA Financial Group’s newly created self-directed IRA LLC real estate solution offers retirees the ability to generate tax-deferred fixed income or in the case of a self-directed Roth IRA, tax-free fixed income through their retirement accounts. With the real estate IRA fixed income solution, retirees could use their retirement funds via a self-directed IRA LLC solution to purchase real estate and generate tax-deferred or tax-free rental income, which can then be used to live off for personal purposes. “With the real estate IRA fixed-income solution, some clients have been able to generate 10% or more of annual tax-free income, which can then be used for personal expenses without any additional tax, “ stated Susan Glass, a retirement tax specialist with the IRA Financial Group.
IRA Financial Group also has designed the real estate IRA fixed income solution for Roth IRA funds, which will allow fixed income investor to generate tax-free income, which can then be used for personal purposes without ever paying any additional tax upon retirement. “By purchasing rental income with a self-directed Roth IRA LLC, all income and gains generated by the property would be tax-free and then can be used by a retiree for personal purposes, including living expenses, without ever paying any additional tax.
The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. “With IRA Financial Group’s real estate IRA fixed-income solution, buying and flipping rental properties is as simple as writing a check and is tax-free,“ stated Ms. Glass. “As the manager of the checkbook control real estate IRA LLC, the IRA holder will have control over his or her IRA funds so that purchasing real estate can be made by simply writing a check,” stated Jean Scharfman, a retirement tax specialist with the IRA Financial Group. One major 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.
Unlike a conventional Self Directed IRA which requires custodian consent and requires high custodian fees, a real estate IRA LLC with Checkbook Control will allow one to buy real estate, including rental properties by simply writing a check. Whereas, with IRA Financial Group’s checkbook control self-directed IRA LLC solution, the IRA funds will be held at a local bank in the name of the IRA LLC which would make entering into a real estate investment as simple as writing a check. With IRA Financial Group’s real estate IRA fixed-income rental solution, no longer would one need to ask the IRA custodian for permission or have the IRA custodian sign the real estate transaction documents. Instead, with a Checkbook Control IRA, as manager of the IRA LLC, the IRA holder, will be able to buy rental properties simply by writing a check.
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.