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Solo 401(k) Plan & Self-Directed IRA Investors Using Crowdfunding to Help Finance Real Estate Projects

With the limited opportunity to finance real estate transactions, self-directed IRA and Solo 401(k) Plan investors using crowdfunding to raise capital for real estate deals.

IRA Financial Group, the leading provider of self-directed IRA LLC & Solo 401(k) plan solutions, has seen a significant increase in the number of self-directed IRA and solo 401(k) plan clients using crowdfunding techniques to raise capital for various real estate projects across the United States. “By using crowdfunding platforms to raise capital for real estate projects, self-directed IRA and solo 401(k) clients have been able to close on real estate projects without using a mortgage or other financing.“ stated Susan Glass, a tax professional with the IRA Financial Group.

According to Ms. Glass, “moving quick on a real estate opportunity can make the difference between getting the deal and not and unless the buyer has all cash available to close quickly on the purchase, they will likely lose the deal. Hence, most buyers today need capital from third-party sources in order to complete their real estate acquisition, which is why crowdfunding has become so popular with retirement investors.”

The primary advantage of using a Self Directed IRA LLC or Solo 401(k) Plan to make investments is that investments can be made by simply writing a check. In addition, all income and gains associated with the IRA investment grow tax-deferred.

With IRA Financial Group’s self directed real estate IRA LLC & Solo 401(k) Plan solutions, 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.  “Using a Self Directed IRA LLC or Solo 401(k) Plan to buy real estate presents a number of exciting tax planning opportunities, “ stated Adam Bergman, a tax partner with the IRA Financial Group.

IRA Financial Group’s Self-Directed IRA and Solo 401(k) Plan for real estate investors, also called a real estate IRA with checkbook control or a Self-Directed real estate 401(k) Plan, 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, whereby, the Solo 401(k) plan involves the establishment of a trust and managed by the plan participant, as trustee. As a result, the Self-Directed IRA and Solo 401(k) Plan provides the retirement account holder with greater control over his or her retirement assets allowing the individual to make traditional as well as non-traditional investments, such as real estate tax-deferred and with much lower annual fees.

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 and Solo 401(k) Plan provider. 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.

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Posted in Self-Directed IRA, Solo 401(k)