Self-directed Roth IRA investors taking advantage of hot housing rental market in light of restricted lending market
IRA Financial Group, the leading provider of “checkbook control” self-directed IRA and self-directed Roth IRA LLC solutions has seen an increasing number of Roth IRA LLC investors using their retirement funds to purchase real estate with after-tax funds so that all the rental income would flow back to their Roth IRA LLC without tax. According to a number of clients the reason for the strong demand for rental properties is due to the lack of financing available for home buyers resulting in strong rental opportunities. “We have seen an increasing number of self-directed Roth IRA purchasing rental properties as a means of taking advantage of the hot rental market as well as securing a strong tax-free stream of income to live off,“ stated Adam Bergman, a tax partner of the IRA Financial Group.
IRA Financial Group’s Self-Directed Roth 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 Roth IRA LLC involves the establishment of a limited liability company (“LLC”) that is owned by the Roth IRA (care of the Roth IRA custodian) and managed by the Roth IRA holder or any third-party. As manager of the Roth IRA LLC, the Roth IRA owner will have control over the Roth IRA assets to make the investments he or she wants and understand – not just investments forced upon you by Wall Street.
The IRS has always permitted a Roth IRA to purchase real estate, raw land, or flip homes. “With IRA Financial Group’s self-directed Roth IRA LLC solution, investors can make real estate purchases and generate income and gains without ever paying tax stated Mr. Bergman. “A growing number of clients are realizing that using self directed Roth IRA to make investments will become far more tax efficient than in prior years due to the increasing income tax rates, stated Jacky Ospina, a tax specialist with the IRA Financial Group. One major advantage of buying rental properties with a Self-Directed Roth IRA is that all rental income generated by the property is tax-free until a distribution is taken.
Instead of buying real estate with personal funds and being subject to tax on the income or upon the disposition of the asset, a Self Directed Roth IRA real estate LLC with Checkbook Control will allow one to buy real estate, including rental properties without paying tax immediately. With a self-directed real estate Roth IRA, all income and gains generated by the IRA LLC investment will flow back to the IRA tax-free
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.