Jim Hitt, CEO of American IRA-A National Self-Directed IRA Provider, Answers A Frequently Asked Question…Is Retiring Through Rental Real Estate Wise? Jim Hitt has over 29 years experience investing in real estate and is expertly qualified to field this important question.Continue reading »
Jim Hitt, CEO of American IRA-a national self-directed IRA provider, speaks about the historically low savings account interest rates and offers expert opinion! CNN Money reports “Higher yields on savings? It will be awhile” Jim Hitt shares some little-known solutions available to everyone with a retirement account.Continue reading »
Do you know you can use your self-directed IRA as a source of funds for investing?
Are you tired of the ever tightening regulations when trying to obtain a bank loan?
Right at this moment successful investors are making profits with their self-directed IRA investments-want to join them?
Each investor has their own area of expertise in which they do best-is your IRA a potential source of funds for you?Continue reading »
Jim Hitt, CEO of American IRA, a national self-directed IRA provider, and Sean McKay, Senior Vice President, will be attending and speaking at Scott Meyers Self Storage Academy October 25th through October 27th. Scott Meyers invites everyone to enjoy the silence and the peacefulness of true, passive income in real estate by investing in self storage. Mr. Hitt speaks about how self-directed IRAs can serve as a source of funds for investments of all types, including self storage.Continue reading »
When you pursue tax lien investing for your IRA, the government actually does collect the profit for you! As an added benefit…if you purchase tax liens with your self-directed IRA and/or your self-directed 401(k), the government allows you to collect those profits tax free and/or tax deferred, depending on the retirement account type you have.Continue reading »
For legions of investors frustrated with puny yields on savings and bonds, slow growth retarding stock market returns, and the usual substantial risk involved in security investing (any given stock or bond can potentially become worthless overnight), we have good news: The combination of declining real estate prices and steady or increasing rents have opened up a window of opportunity in real estate for income-oriented investors. In fact, years after the “smart money” was selling off real estate ahead of the bubble collapse, we are seeing signs that smart money is getting back in the real estate market. Indeed, up to 20 percent of residential real estate now sold is sold to investors – and not just to “play and pray” amateur property flippers, but to value-oriented investors as well, who are seeking to generate immediate positive cash flow.Continue reading »
American IRA, a national provider of self-directed real estate IRAs, celebrates the success of yet another client on a ‘Fix and Flip’ real estate purchase! This ‘Fix and Flip’ netted the client’s real estate IRA $28,500 in just six months.Continue reading »
For the purposes of this article, flipping is defined as the purchase of property with the intent to sell at a profit shortly after making significant improvements. If you have particular expertise in buying and selling real estate, and you are looking for ways to expand your real estate investment practice in a tax-advantaged way, flipping real estate in an IRA is an excellent way to do so, and you’re in luck: IRS rules allow you to hold a wide variety of assets in an IRA – including real estate. This means that real estate investors can take advantage of all the tax benefits of using an IRA, SEP-IRA, SIMPLE IRA, or solo 401(k) plan. For now, we’ll talk primarily about IRAs.Continue reading »
As most of you know by now, IRA rules don’t restrict you to stocks, mutual fund shares, bonds, annuities and CDs. Because of the way the tax code is written, you can use your IRA money to take direct ownership of all kinds of different investments, including real estate.Thanks to the availability of significant leverage, real estate is one of the most potent assets a skilled investor can place in an IRA. The combination of innate inflation hedging, potential for capital growth, and the expectation of a steady, growing and indefinite stream of rental income makes real estate an ideal investment to enhance a retirement income.
Many sellers and ‘would be’ buyers are finding it more and more difficult to obtain financing for mobile homes. This leaves many sellers stuck with their mobile home, many buyers out in the cold, and volumes of realtors/brokers just plain frustrated!In this article, we will share the story of one of our clients, David G.’s 1st self-directed Roth IRA mobile home loans. David G., by the way, grew his retirement account from $6,800 to $293,000 in 5 short years.
Many people are surprised to learn that you can own real estate – not just REIT shares or other stocks, but actual rocks, soil, brick and timber real estate – within your Individual Retirement Arrangement. The IRA vehicle allows you to realize all the advantages of the IRA – tax deductions, no capital gains taxes, deferral of income tax, asset protection, and in some cases, tax-free income – while allowing you to invest in all types of real estate.Continue reading »
For legions of investors frustrated with puny yields on savings and bonds, slow growth retarding stock market returns, and the usual substantial risk involved in security investing (any given stock or bond can potentially become worthless overnight), we have good news: The combination of declining real estate prices and steady or increasing rents have opened up a window of opportunity in real estate for income-oriented investors. In fact, years after the “smart money” was selling off real estate ahead of the bubble collapse, we are seeing signs that smart money is getting back in the real estate market. Indeed, up to 20 percent of residential real estate now sold is sold to investors – and not just to “play and pray” amateur property flippers, but to value-oriented investors as well, who are seeking to generate immediate positive cash flow.Continue reading »
Many people are not sure if they have enough money in their IRA/401(k) account to even begin thinking about investing with it via a self-directed account. We have many clients who have taken accounts with small account balances and grown them into sizable accounts simply by making one successful investment at a time. In this article, we will share the story of one of our clients, David G.’s 1st self-directed Roth IRA investment. David G., by the way, grew his account from $6,800 to $293,000 in 5 short years.Continue reading »
George L., a client of American IRA, LLC, wanted to purchase a 56 unit, 1.2 million dollar mobile home park inside his IRA account.Continue reading »
George L., a client of American IRA, LLC, wanted to purchase a 56 unit, 1.2 million dollar mobile home park inside his IRA account.Continue reading »
As investors, we must always be aware that there are fraud promoters lurking in every corner waiting for their next opportunity to pounce on an un-expecting investor. To help you avoid falling victim to fraud, here’s a recent study of SEC Investor Alerts which show some very obvious but worth mentioning ‘buzz’ words every investor should watch out for…Continue reading »
The folks on TV talk a lot about the importance of funding your IRA – and they’re always on about investing in stocks, bonds and mutual funds. Some of the more conservative pundits also mention annuities and CDs. But what if you’re not thrilled with the prospects for return in any of these assets?Continue reading »
American IRA, LLC, a national self-directed IRA provider, announces joint webinars on September 26th with Hanover Companies featuring real estate investing with self-directed real estate IRAs and 401(k)s. Find out how easy it is making the choice to take control of those retirement dollars as one of the nations’ leaders in self-direction, Sean McKay, takes you step by step through the process!Continue reading »
American IRA, LLC, a national self-directed IRA provider, extends a huge thank you to all who attended their sold-out August 25th seminar! The event was a success-the room was packed with attendees from Greenville, SC; Charlotte, SC; and Atlanta, GA-read on to see what was covered at this important event.Continue reading »
American IRA, LLC CEO, Jim Hitt, thanks and congratulates another successful self-directed IRA client. Using self-directed IRAs this investor was able to increase their net worth by $168,000 and their monthly cash flow by $1,550!Continue reading »
American IRA, LLC’s CEO, Jim Hitt, addresses a question his self-directed IRA clients often ask about commercial real estate investing. An in depth look at the ‘due diligence’ needed to safeguard your investment.Continue reading »
American IRA, LLC thanks Holly Calabro from the TREIA Publicity Committee for writing that great article about our recent self-directed IRA real estate seminar. Holly’s enthusiasm is contagious as she talks about the wealth of investment possibilities available when people self-direct their IRAs allowing them to invest in trust deeds and mortgage notes, rental property, condos, raw land, lease options, gold and silver, joint ventures, promissory notes, LLC shares, and tax liens.Continue reading »
American IRA, LLC-a national self-directed IRA provider, announces e-signature is now available for their forms! Clients may now complete their forms online and sign those forms online via the American IRA website…no need to print, scan or fax!Continue reading »
Sean McKay, Senior VP of American IRA, LLC-a national self-directed IRA provider-announces a new ‘Real Estate Markets: Memphis Tennessee‘ webinar on August 22nd.Sean McKay says “Come join us for an educational webinar as we explore the Memphis real estate market and how you can invest in it using your retirement account.”
American IRA, LLC-a national self-directed IRA provider announces a new real estate investors course in Greenville, SC on Saturday August 25th! ‘DARE’ to succeed by maximizing real estate investment funds through utilization of self-directed IRAs.Continue reading »
Self-directed IRAs too Good to be True? Is this dead on or dead wrong? Jim Hitt, CEO of American IRA-national self-directed IRA provider responds to the USA Today article “Investing: Are self-directed IRAs too good to be true?” Jim Hitt says, “You Decide,” isn’t that what America is all about?Continue reading »
Home values are on the rise with more people looking at real estate as an investment again. Jim Hitt speaks about self-directed real estate IRA investing and the upturn. There has been a significant increase in the number of real estate transactions in the American IRA office.Continue reading »
Jim Hitt, CEO of American IRA-a national self-directed IRA provider, shares information regarding the use of the Crowdfunding exemption in the JOBS Act. The North American Securities Administrators Association (NASAA) have issued an important warning investors should be aware of in relation to crowdfunding.Continue reading »
American IRA, LLC announces the opening of its Atlanta, GA Self-Directed IRA Training Center! Jim Hitt, CEO of American IRA, LLC says “We have locations in Asheville and Charlotte and are now adding a location in Atlanta.”Our Atlanta location will be the venue for numerous training events throughout the year.
If we could take just one of our bad habits and instead contribute that money to a Roth IRA each year, we could build a substantial tax free retirement fund…Continue reading »
American IRA thanks Alan Cowgill for excellent ‘How To Get All The Money You Need To Buy Property’ seminar and thanks host Robert Woodruff, Charleston REIA President. Jim Hitt, CEO of American IRA, a National Self-directed IRA Provider, expresses appreciation, “Alan Cowgill lived up to his promise and delivered in this event giving great insights into how people can get money for their investments. The word must be out about his experience because this event had a great turnout! Thank you Mr. Cowgill for such an excellent presentation.”Continue reading »
Jim Hitt, CEO of American IRA, LLC, a national self-directed IRA provider, shares important steps to maximize retirement planning. Proper planning is key to enjoying those retirement years. Lack of planning is a great way to end up eating peanut butter sandwiches every meal (yes, everyone loves peanut butter sandwiches still eating them every meal is a bit much!) and soaking your feet in that $10 toddler swimming pool trying to keep cool!Continue reading »
The Associated Press reports that U.S. home prices drop for 6 straight months. Jim Hitt, CEO of American IRA speaks about what this means to real estate investors while he offers a reminder that self-directed IRAs are an excellent tool when investing in real estate.The Associated Press article goes on to report that the steady price declines have brought the nationwide index to its late 2002 level. Home prices have fallen 35 percent since the housing bust. The average price in Atlanta fell 17.3 percent in February compared with a year earlier. That’s the biggest annual drop in the history of any city.
American IRA, LLC, a national self-directed IRA provider-announces Sean McKay has been promoted from Vice President of Business Development to Senior Vice President!Sean McKay has been instrumental in the development of the American IRA, LLC business both before and after its transition from Entrust Carolinas, LLC to American IRA, LLC.
According to USA Today, many will have to work until they are 70. Jim Hitt, CEO of American IRA, says this is exactly why self-directed IRAs are so important!The USA Today article ‘Retirement bottom line: Many will have to work until 70′ addresses the serious issue of retirement funds. The article begins by explaining that Baby Boomers, with their inheritances, homes, and pensions, may be on track for a good retirement. They then caveat that by saying that the generation born from 1946 through 1964 isn’t necessarily so rosy.
According to 247wallst.com, the medicare health insurance fund is projected to be exhausted by 2024. American IRA, LLC is getting the word out that a Health Savings Account can help bridge the gap! Qualified expenses paid from a Health Savings Account are tax-free.Health Savings Accounts are growing in popularity in the shadows as many people worry about the impact of the new “Obama Care” program on their health insurance. These accounts are great because they allow the employer to contribute funds for the employees to use for medical expenses and prescription drug costs. What is even better about it is that it is a win-win situation. The employer can write off 100% of what he contributes for their employees and the employees can also make contributions to their Health Savings accounts. In essence, this is a great way for employers to give a benefit to their employees and with the 100% write off it is highly possible that the employer nets a $0 expense from providing this benefit. Jim Hitt, CEO of American IRA interjects, “If you are re-reading this paragraph to see if you read it correctly, you are not alone. Many employers are not aware that the contributions they make to their employees Health Savings Accounts can be written off 100% on their taxes. At the same time, employees receive a great benefit, the ability to use this money, tax free, to cover qualified medical expenses and prescription drug costs that they would have otherwise paid for ‘out of pocket.’ So what are you waiting for?!”
According to 247wallst.com, Social Security Experts are predicting the fund will be exhausted by 2036. American IRA offers a solution-self directed IRAs! Now, more than ever it is critical that we begin to take our futures into our own hands.Jim Hitt, CEO of American IRA says, “Many people are worried about their financial future in light of the recent nationwide reports about insolvency of the Social Security Fund. I would offer that essentially worry comes from a lack of preparation thus ‘preparation relieves worry’. That’s exactly correct…it is time to prepare our own retirement futures and self-directed IRAs are a great way to generate funds for use in your retirement years. I know…I have heard it before…you are thinking….’but I only have $6,000 in my retirement fund, retirement is less than 20 years away, and I just don’t have any extra income to contribute to my retirement fund.’ I can honestly tell you that I had a client take his retirement account from $6,800 to $293,000 in just 6 short years and you can have the same success.”
New Suits Over Do-It-Yourself IRAs, as reported by the Wall Street Journal, prompts American IRA, LLC to remind self-directed IRA holders about the importance of ‘Due Diligence’. Regardless of what you invest in…it is critical that investors perform ‘due diligence’ and that they hire professionals to perform ‘due diligence’ for them when they are working in an area that they are not an expert in.The Wall Street Journal reports that a wave of blowups in self-directed IRAs has prompted some investors to go after firms that handle the paperwork. The article goes on to report that self-directed IRAs have been around for years and have increased in popularity as investors sought after investments that brought hire returns than the stock market.
The benefits of IRAs are well-understood. Tax deferral itself provides a kind of leverage – allowing investors to put a greater amount of money to work than they would be able to in a taxable account.However, with the traditional kind of investments most consumers make in their IRAs – stocks, bonds, mutual funds, CDs and annuities – the potential for leverage is limited.
Retirement at 23?!? According to a Wall Street Journal article, Bain Capital offered their employees a chance to co-invest in take over deals averaging 50% to 80% returns in their self-directed retirement accounts. American IRA, LLC CEO, Jim Hitt, says “This is one outstanding example of how tax-deferred and tax-free accounts can be used to build wealth.”Continue reading »
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Call to action: protect the value of inherited IRAs. American IRA, a National Provider of Self-Directed IRAs, announces recent proposed provision removal. According to the Washington Bureau “Retirement industry officials are gearing up to remove a provision in Senate legislation that would reduce the value of inherited IRAs.”The Washington Bureau recently reported that there is a provision included in S. 1813, the Highway Investment, Job Creation, and Economic Growth Act that would reduce the value of inherited IRAs also known as ‘Stretch IRAs’. The report goes on to explain “these ‘stretch IRAs’ are sometimes used to reduce taxes by people who designated a young person as a beneficiary, thereby giving them a long opportunity to increase the value of the IRA through inside buildup.”
American IRA, a National Provider of Self-Directed IRAs, announces its sponsorship of the Pitbull’s 26th National Hard Money Conference on March 21st in Fort Lauderdale, Florida. Learn how to create a pool of funds and avoid those lender induced headaches!Jim Hitt shares, “As an entrepreneur, I have owned everything from single family homes to multi-million dollar commercial properties. Being self-employed has tremendous benefits…yet when it comes to lenders…being self-employed can be an obstacle. It seems the more creative the deal, the more resistant traditional lenders can be. Hard money lenders are more inclined to loan money in those situations because they know that creative deals can lead to excellent returns.”
The past few years have proven to be incredible for gold investors, and as a result more and more people are looking for ways to invest in Gold using their IRA and 401(k). The good news is there are many options available to you for investing in Gold using your retirement accounts, but depending on which type of gold investment you wish to make, you may need a different type of retirement account.Continue reading »
Investor Legal Update & Finding Your Real Estate Niche: American IRA, a national provider of self-directed IRAs announces this February 16th event hosted by Metrolina REIA. In the wake of the economic storm that has swept the country in recent years, new legislation has surfaced that affects the way in which we do business.Sean McKay, Vice President of Business Development at American IRA, will have a booth at this event and will speak briefly to the attendees.
Hard Money Lending Major Event Coming Soon…American IRA-A National Provider Of Self-Directed IRAs Announces The Upcoming National Hard Money Seminar in Fort Lauderdale, Florida on March 21st, 2012.These events are always booked to capacity. This year will be no exception as Hard Money Lending is growing in popularity in this economic climate.
Self-Directed IRAs-‘A Retirement Tool Or A Retirement Bomb?!’ American IRA-A National Provider of Self-Directed IRAs Announces This ‘Almost’ Excellent Spot on Blog recently posted by bgmwealth.com.This blog post talks about a recent Minneapolis, Star Tribune article that reported on a Ponzi scheme that caused self-directed IRA holders to lose money. The blog goes on to explain that it is critical for self-directed IRA investors to use their “due diligence” in researching investments before releasing precious funds from their retirement accounts.
According to U.S. Department of Labor statistics, 64 percent of all employees in medium- and large-sized firms are covered by an employment-based retirement plan, compared with only 34 percent at small firms. One reason cited by small businesses for not offering retirement plans is the high costs associated with set-up and administration of a retirement plan.Startup costs have always been a major hurdle to small businesses who what to start a 401k plan, but a provision of The Economic Growth and Tax Relief and Reconciliation Act (EGTRRA) now helps scale this barrier to employee saving opportunities. EGTRRA implemented a credit for employers to offset the startup cost and the cost of educating employees about the new plan.
Considering Self-Directed IRAs and don’t know where to start? American IRA-a National Self-Directed IRA provider announces free consultations. No obligation, no strings…lots of valuable information.Jim Hitt, CEO of American IRA, says “We often hear that the reason people do not open self-directed IRAs is because they don’t know where to start. There are so many IRA companies out there and numerous investment options available and what they really need is someone to help explain how easy and beneficial investing with self-directed IRAs can be.”
Jim Hitt, CEO of American IRA LLC-a National Provider of Self-Directed IRAs says, “There are misconceptions in the recent Mitt Romney article by Time Moneyland“. Mr. Hitt explains those misconceptions.The article ‘The Lessons of Mitt Romney’s IRA’ starts by saying that “Mitt Romney may have made the classic IRA mistake: holding low-tax investments inside a tax-favored account.” Jim Hitt says, “There is no mistake in holding investments inside a tax-favored account. Every dollar saved by doing so is a win!”
Realtor Mag recently reported that optimism is building in the housing market. American IRA is noticing the increased optimism as they are receiving an overwhelming interest in Real Estate IRAs.Jim Hitt, CEO of American IRA, explains, “Many people are surprised to learn that you can own real estate – not just REIT shares or other stocks, but actual rocks, soil, brick and timber real estate – within your Individual Retirement Arrangement. The IRA vehicle allows you to realize all the advantages of the IRA – tax deductions, no capital gains taxes, deferral of income tax, asset protection, and in some cases, tax-free income – while allowing you to invest in all types of real estate.”
American IRA, A National Provider Of Self-Directed IRAs, announces Major Improvements to their Forms Page adding more options and easier navigation! With their mission to provide the highest level of customer service in the self directed retirement industry, they focus on continual improvement in all aspects of their business.Jim Hitt, CEO of American IRA, says, “We pride ourselves on simplifying things for our clients. Account transactions should not feel like ‘rocket science’! With that thought in mind, it was clear that we needed to make significant changes to our forms page. As part of our desire to bring the WOW factor to our clients, we incorporated the latest and greatest functionality thus improving the customer experience with ease of use/operation.”
Be a venture capitalist with a Self-Directed IRA? American IRA-a National Provider of Self-Directed IRAs says despite the economy, a recent article released by the National Venture Capital Association (NVCA) says “Promise Abounds In 2012!”Jim Hitt, CEO of American IRA, says “An IRA is a tremendously versatile financial instrument. It has all the advantages you get with a traditional IRA – specifically, the benefit of tax deferral and the absence of capital gains tax as a year-to year concern. Plus, you have the option of paying taxes up front if you create a Roth IRA – which then grows tax-free forever.”
Are Self-directed IRAs safe? American IRA-a National Provider of Self Directed IRAs answers this frequently asked question in light of the recent NASAA Investor Alert to warn investors of the potential risks associated with investing through self-directed Individual Retirement Accounts (self-directed IRAs).Jim Hitt, CEO of American IRA, explains “Self-directed IRAs and other retirement accounts are not inherently more or less safe than conventionally administered accounts. For the most part, investments derive their safety and risk characteristics not from the way the account is taxed, but from the properties of assets it contains. If you invest in low-risk assets, your investment risk in your IRA will be low. If you invest in riskier assets, your investment risk will increase – depending on how you combine those assets.”
Sean McKay, VP of Business Development at American IRA-a National Provider of Self Directed IRAs, invites all to a free Webinar ‘ABCs of Self-Direction’ on January 12th. This is a basic webinar designed for those that would like to learn about Self-Directed IRAs.Sean McKay says, “This is our ‘basics’ presentation for those looking to learn about the flexibility available to them within Self-directed IRAs. We provide these webinars free of charge as part of our mission to educate the public that their retirement account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!”
Jim Hitt, CEO of American IRA-a National Provider of Self-Directed IRAs will be sharing his extensive knowledge of ‘Making Self Directed IRAs Work’ on January 10th, 2012 at the KnoxREI January meeting.This will be an information packed event in which Jim Hitt, CEO of American IRA, will share his extensive knowledge of ‘Making Self Directed IRAs Work’ by presenting “Advanced Investing with Self-Directed IRAs.”
Jim Hitt, CEO of American IRA-a National Provider of Self-Directed IRAs, will be attending the Atlanta REIA Vendor Trade Show & New Year Celebration on January 9th, 2012. American IRA will be participating both as a vendor and as a sponsor at this event.Mr. Hitt shares, “There will be some great speakers at this event that will cover some of my favorite topics such as real estate investing, what to expect in the real estate market in 2012, and setting realistic, easily achievable goals.”
American IRA, a National Provider of Self-Directed IRAs, asks “Do you know where your keys are at?”. Everyone knows that they can’t unlock anything unless they have the correct key. American IRA has recently restructured their staff in order to make sure that each employee is the right employee for their area of responsibility.Jim Hitt, CEO of American IRA, says “The key to excellent customer services is making sure that each employee is placed in a role which matches their individual talents. The right fit opens the door for them to flourish in their roles allowing us to move toward our customer service goal…the WOW factor!”
American IRA, A National Provider Of Self-Directed IRAs, announces they have upgraded their home page adding more options, more content and easier navigation! With their mission to provide the highest level of customer service in the self directed retirement industry, they focus on continual improvement in all aspects of their business.Jim Hitt, CEO of American IRA, says “The statement ‘If it’s not broken don’t fix it!’ is about as antiquated as washing your clothes in the stream by hand. Providing excellent customer service is all about asking yourself, your staff, and your clients ‘What is it we can do to make our customer experience even better?’ Continual improvement, the WOW factor…that is what we strive for every day!”
American IRA, A National Provider Of Self-Directed IRAs, Provides Options To The Unemployed Who Have 401(k)s Sitting Idle. According to the most recent Bureau of Labor Statistics report, the unemployment rate stands at nearly 8.6%. Jim Hitt, CEO of American IRA, says “Many individuals have left their employers and, as a result, have left their 401(k)s sitting idle. I’m getting the word out that there are much more profitable options available.”Continue reading »
Jim Hitt, CEO of American IRA – A National Provider of Self-Directed IRAs, announces American IRA will be Sponsoring The National Hard Money Seminar For Hard Money Lenders’ on March 21st, 2012 in Fort Lauderdale, Florida. Financing is not easy to come by and ‘Hard Money Loans’ are an alternative way to get those much needed funds.In a Wall Street Journal article titled ‘Debate: Do Big Banks Lend Enough to Small Business?‘, Ami Kassar stated “In a recent study published by my company, MultiFunding LLC, we dug into that data and found that the bigger banks shed $93 billion of small business loans during this period, while the smaller banks increased their small business loan balances by $17 billion. Somehow, the smaller banks have managed to find demand for small business loans while the larger banks have reduced their exposure by almost 25%, according to our study.”
James Hitt, CEO of American IRA, a national provider of Self Directed IRAs, offers an expert opinion on owning a business within self-directed IRAs. With the latest National Association of Realtors housing statistics showing a monthly increase in home sales of 4% and an overall yearly increase in home sales of 12.2%. It is not surprising that investors are forming businesses and purchasing real estate within those businesses.Continue reading »
Suppose you could run a small business without having to worry about taking a chunk of your profits out of it every year to pay income taxes. Suppose further that you could buy and sell property as much as you wanted, within your small business, and not have to worry about capital gains taxes.Think you could make some money?