Of course, you can invest in real estate with a Self-Directed IRA. In fact, it remains the number one alternative asset for IRA investors. Adam Bergman explains how it works. -- Learn more about real estate investing: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial Group, its management, salespersons or IFG’s in-house legal counsel. IRA Financial Group provides IRA retirement facilitation service and CANNOT provide Client with legal, investment, or financial advice. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice. IFG is not engaged in rendering legal, accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought. (From a Declaration of Principles jointly adopted by a Committee of the American Bar Association & a Committee of Publishers and Associations.). The scope of Professional Services does not include the costs of any custodian related services. Learn More: #realestate #realestateinvesting #selfdirectedira #realestateira #ira #checkbookcontrol #irallc #adambergman #irafinancial #retirement #investing #taxes #ubti #ubit #alternativeinvestments...(read more)
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Investing in real estate is a great way to build wealth, but it can be challenging for many investors to come up with the required funds. Fortunately, there is an option that is growing in popularity - using a self-directed IRA to purchase real estate. Many investors are unaware of the potential of this strategy, but it can be an effective way to grow your investments while achieving greater tax benefits. First of all, let’s get to the most popular question: is it possible to use a self-directed IRA to buy real estate? The answer is absolutely yes. In fact, IRA investors have been investing in real estate for decades. With a self-directed IRA, the investor can buy property, hold it as an investment, rent it out, and then sell it later for a profit. All of the gains from the sale of the property will go directly into your IRA, which has tax benefits. The biggest advantage of using a self-directed IRA is the tax benefits you receive. Any gains made on the investment will be tax-free, provided that the funds stay within the account. This means that any rental income or appreciation that occurs while the property is owned by the IRA is tax-free. However, it’s important to remember that there are rules and regulations when it comes to using a self-directed IRA to purchase real estate. For example, you cannot buy a property for personal use; it must be a pure investment. You also cannot manage the property yourself or use your own personal funds to improve the property. Instead, the IRA must pay for any maintenance or improvement costs. Finally, you must have a custodian trustee who can handle the paperwork and administration of the transaction. Another key factor to consider is the high risk associated with investing in real estate. If the property does not perform as expected, you could risk losing a significant portion of your investment. This is where due diligence comes in. Before making any investments, it is essential that you research the property and thoroughly assess all potential risks. In conclusion, using a self-directed IRA to purchase real estate is an excellent strategy for investors looking to diversify their portfolio and receive significant tax benefits. However, it is important to remember that there are specific rules and regulations to follow, and conducting due diligence is crucial to ensure a successful investment. Consulting a financial advisor or tax professional can also help you navigate the process and make informed investment decisions. https://inflationprotection.org/using-a-self-directed-ira-to-buy-real-estate-is-this-possible/?feed_id=80116&_unique_id=6419af3b6b845 #Inflation #Retirement #GoldIRA #Wealth #Investing #AdamBergman #alternativeinvestments #CHECKBOOKCONTROL #investing #ira #IRAFinancial #realestate #realestateinvesting #realestateIRA #realestateselfdirectedira #Retirement #RothIRA #selfdirectedira #taxes #UBIT #UBTI #SEPIRA #AdamBergman #alternativeinvestments #CHECKBOOKCONTROL #investing #ira #IRAFinancial #realestate #realestateinvesting #realestateIRA #realestateselfdirectedira #Retirement #RothIRA #selfdirectedira #taxes #UBIT #UBTI
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