In this political environment many middle class families are feeling like they are being circled by sharks. Higher prices in the grocery store, higher prices on gas, higher prices on electricity, higher prices on fuel for heating their homes, and now a new health care tax that ranges up to 9.5% for some families. With all these costs circling the middle class some individuals are holding their breath. I submit to you that perhaps instead of holding your breath it might be time to take action…scan the surface for your options and make your future bright. Self-directed IRAs can help you to cut back on some of that tax burden by allowing you to invest with a tax advantaged or tax free account such as a self-directed Roth IRA giving you much needed funds for those real estate deals.
Equal and Opposite…
It is commonly known that with every action there is an equal and opposite reaction which means that when some people hold their breath there is more oxygen available to others in the room. This holds absolutely true in the real estate market. When investors ‘hold tight’ to their money and stop buying real estate…it drives the competition down and allows for more real estate available at better prices to other investors. Self-directed IRA investors get an even further advantage by enjoying the benefits of those investments tax-deferred and/or tax-free.
Yet another cliché that we often hear is that ‘opposites attract’. In my experience, the best situation is when this happens in the investment world. There are investors out there that enjoy making their money by lending money to other investors and collecting their interest. Their opposites are the investors out there that want to purchase real estate but would prefer to do so with other peoples’ money. When the private lender and the real estate investor come together they enjoy a mutual relationship where each one benefits by investing in their preferred method.
Sharks and Self-directed IRAs
Can self-directed IRAs really keep those sharks at bay? The answer to that depends largely on how motivated you are to take control of your future. Self-directed IRAs do offer tremendous flexibility in what you can invest in and the tax-deferred and or tax-free benefit allows you to keep more of the money you earn. While self-directed IRAs are a great tool that offers great flexibility and great tax benefits, they are after all a tool. The key to your being able to keep those sharks at bay is learning how to use this tool to your greatest advantage. The team at American IRA was founded by investors for investors so they understand this tool extremely well and are available to speak to you today about how self-directed IRAs can be used to grow your retirement account.
With over 40 years of investment experience, the American IRA team has put together some resources that can teach you some very creative and advanced real estate investment techniques. Please view their website for a listing of webinars currently available…featuring their newest “Growing Your Self-Directed IRA with Real Estate” and “Advanced Real Estate Concepts” webinars.
If you want to diversify your retirement portfolio with real estate, getting started is easy: Open an account with American IRA. You can start the process by calling us at 866-7500-IRA (472). We will send you everything you need to fund your account. Once your account is funded, simply provide us written instructions on the specific property, location, amount, and who we need to make the check out to. We will work with your professionals to ensure the property is titled correctly, and to ensure that you don’t unwittingly generate a prohibited transaction that could result in a penalty. American IRA does not provide any recommendation on the quality, profitability or reputability of any investment.
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