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Self-Directed IRA Companies

Self-Directed IRA Companies

Your money is important to you, but most of all, you want your hard-earned money to provide for your family in the years to come. With traditional investment models, you do not have a choice over where your money goes or when you invest. However, with a self-directed IRA you get to be in total control, and let’s face it, having control over all of your wealth just feels good!

Self-directed IRA companies can offer you a wide array of investment options, and allow you to do all of the decision making. Do you want your money to be invested in real estate or precious metals? Maybe you would rather use your IRA for private lending so that you can help individuals start a small business or purchase a home. With a self-directed IRA, you can do all of this and more! Working with self-directed IRA companies, like American IRA, can help you grow your money, while keeping your investments close to home.

In order to open this type of flexible IRA account, you need to look for self-directed IRA companies you can trust and who really understand how valuable your investments are. Talk to the experts at American IRA to find out how a self-directed IRA can benefit you. Click here for more information about self-directed IRA services, or talk to an American IRA representative by calling 1-866-7500-IRA(472).

 

If you have any questions about opening a new account, contact us at 1-866-7500-IRA(472) or info@americanira.com. If you’d like to transfer your existing portfolio, contact us at 1-866-7500-IRA(472) or transactions@americanira.com.

 

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Owning a Self-Directed IRA LLC

Self-Directed IRA LLCAre you interested in starting an LLC that receives many of the benefits of an IRA? A self-directed IRA LLC is one possible path on your journey to investing success with American IRA! Otherwise known as a “single-member IRA owned LLC” or “checkbook control IRA”, this classification means that you use funds from a self-directed IRA to purchase 100% of an LLC that you set up with the help of your professionals.

Once this account has been set up, you can then purchase assets, make investments, or write checks on behalf of your IRA – multi-member LLCs work much the same way, and setting one up with American IRA is only one call away. A self-directed IRA LLC can be advantageous when making either large or numerous investments since you don’t have to obtain pre-approval from an account custodian every time you make an IRA transaction.

According to most state laws, one of the main benefits of an IRA LLC is closely associated with its limited liability. For example, say your IRA invests half of its money in an LLC and the other half in mutual funds. If the LLC experiences a liability issue, the mutual funds would still be protected.

With that in mind, there are a number of additional factors to consider. For example, a self-directed IRA LLC offers the following benefits:

-Checkbook control

-Ease of use

-Lower administration fees

-Tax-free and tax-deferred gains

 

The following aspects should also be considered:

-Higher set-up fees

-Full responsibility for complying with IRS rules and regulations, including prohibited transactions

-Responsibility for completing required IRS compliance documents

 

So, is a self-directed IRA LLC right for you? Click here for more information or call 1-866-7500-IRA(472).

If you have any questions about opening a new account, contact us at 1-866-7500-IRA(472) or info@americanira.com. If you’d like to transfer your existing portfolio, contact us at 1-866-7500-IRA(472) or transactions@americanira.com.

Jim on Google+

American IRA, LLC, A National Self-Directed IRA Provider, Extends A Huge Thank You To All Who Attended Their Sold-Out August 25th Seminar

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.

The American IRA, LLC team couldn’t have been more pleased with the turnout at this event! The team had prepared the most inclusive information packed seminar yet and the crowd did not disappoint! The attendees were engaged throughout the meeting as Sean McKay, Senior Vice President and Jim Hitt, CEO presented information covering these topics:

What is a self-directed retirement account?
Purchasing real estate with a fix and flip option
Purchasing real estate with a buy and hold option
Investing in tax liens and deeds
The brilliance of a plan
Is self-directed IRA investing safe?
How to be a blue collar genius!
How to find investors
Private money
Hard money lender finds no house!
How to find deals
Due diligence in acquisition, real estate, commercial real estate, trust deeds and mortgages, and entities.
The magic of a house
Investing with a Solo 401(k)
What about George?!
Promissory notes, trust deeds and mortgages defined
Trust deed and mortgage investing
SEC investor alerts
Self-directed IRA owned LLC
How to buy with/without cash or credit
Double duty roth
Story of David G.
Raising private capital using unregistered securities
Unrelated business income tax (UBIT)
Non-recourse loans

Attendees at this event said “This seminar had more in-depth information than I have ever heard!”

Jim Hitt extends his appreciation, “Yes, it was an information packed event with many investor secrets revealed. I want to extend my sincere thanks to all who attended and helped this event be a success and I am looking forward to more information packed events such as this one. If you missed the event and would like more information or would like a free consultation, please contact our office 828-257-4949 or sean@americanira.com.”

For those that missed this seminar…the entire event was professionally video taped and will be available by year end through the American IRA website at a great price. Of course, American IRA clients always receive educational materials at discounted rates, so if anyone is thinking about opening an account, this is a great time to get started.

American IRA, LLC-A National Self-Directed IRA Provider, Announces E-Signature Is Now Available For Their Forms

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!

Jim Hitt says, “We have received overwhelmingly positive feedback about this change. Our clients are thrilled with how easy and quick it is for them to fill out and submit their forms. This change has also greatly improved the turn-a-round time in receiving and completing client requests!”

American IRA has chosen EchoSign as their e-signature provider. Here’s an excerpt from the EchoSign website that explains just a few of the reasons American IRA, LLC has chosen EchoSign:

*Legal, Tested & Trusted: Fully compliant with the Federal ESIGN Act, UETA, and the Electronic Commerce Directive, EchoSign provides protection for both the sender and the signer during the signing process including key authentication and privacy, fraud protection, and consumer disclosure.

*EchoSign is secure: All communications sent through EchoSign are encrypted with full 256-bit SSL security, passwords and sensitive account data are encrypted with RSA keys, and their servers are housed in SAAS 70 Type II secured facilities with full redundancy.

*Best practices and improved performance: Contracts can be signed within minutes.

Jim Hitt interjects, “If e-signature and online forms are not for you, worry not. All our forms can be printed out and completed by hand if you prefer. Just open our form and select the option to download the form for printing. This option is located at the top of each e-signature form.”

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 USA Today Article

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?

The article says “Just because you can do something doesn’t mean that you should. You may be capable of cross-breeding trout with electric eels, for example but you probably shouldn’t”. Cross-breeding trout with electric eels might not be a good idea but cross-breeding donkey’s with horses resulted in a new breed…mules. Mules are sure-footed, hardy, and calmer than horses and less stubborn and smarter than donkeys. Benjamin Franklin experimented with a kite and lighting and this experiment began our understanding of electricity. There are many examples in history of ‘experiments’ that resulted in the modernizations and life improvements that everyone now enjoys.

Jim Hitt interjects, “Just because you can doesn’t mean you should but if you never try then you will never know what great things can happen. I have been an investor for more than 30 years and I can tell you that those who try the hardest, those that do their due diligence and make intelligent investment choices are the ones that experience the greatest success.”

David G. is a client of American IRA who grew a Roth IRA from $6,800 to $293,000 in five short years. This success was achieved by David’s continuous prospecting and tireless advertising along with some very carefully done due diligence. With great work came great success in David’s case.

As the USA Today article says “You can put many types of investments in self-directed IRAs.” There are very few restrictions on the types of investments allowed in a self-directed IRA. A self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!

The article also goes on to warn about the possibility of scams involving self-directed IRA investments. Jim Hitt comments “Risk is not isolated to self-directed IRA investments. Even the professionals missed the $50 billion Bernie Madoff scam and the $7 billion Allen Stanford scam. I would much rather do my own ‘due diligence’. Whether you are investing inside an IRA or outside an IRA, the risk of scams and bad investments is the same. The only thing that changes is where you are pulling your funds from for the investment. Investing, regardless of whether it is inside an IRA or not, requires careful due diligence and consulting with professionals to ensure that your hard earned money is protected. As for the fact that the article calls out there are tax advantages and disadvantages…that is entirely true and that is exactly why you should consult with a tax professional to see if investing with a self-directed IRA fits the investment you have in mind. In most cases you will find that investing inside an IRA is a much more beneficial choice.”

About:

American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms ). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville, NC.

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

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.

Here is the NASAA warning:

The NASAA is concerned with the threat of potential con artists, claiming to be crowdfunding brokers or to represent online portals through which future deals must be conducted. “Be aware of unscrupulous persons offering to take fees from you now to help you raise capital over the Internet,” the alert reads. The offers could be a scam because the law has not been implemented yet, said regulators.

For those unfamiliar with crowdfunding, here’s a quick definition: According to accountingtoday.com, “Crowdfunding is the ability for a large group of people to band together and make small investments that collectively are enough to fund a startup company.”

Jim Hitt says, “A self-directed IRA can be used as a funding source for crowdfunding.”

Most crowdfunding is done via the internet via websites such as Kickstarter, Circleup, and Fundable. This is an interesting funding approach that has launched many start up companies of varying success levels. The key with this as with any investment is for people to do their due diligence before investing their hard earned money.

Jim Hitt concludes, “The crowdfunding law has not been implemented yet and looks as though it is a long way off with some experts estimating April 2013 as the earliest date. I can’t stress enough to make sure you do your due diligence and consult with experts before participating in any crowdfunding opportunities.”

About:

American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!

To learn more about American IRA, LLC and self-directed IRAs/self-directed Solo 401(k)s, please contact our office at 1-866-7500-IRA(472).

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms ). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville, NC.

American IRA, LLC Announces the Opening of Its Atlanta, GA Self-Directed IRA Training Center!

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.

Details of the training offered:

  • There will be training for both current clients and those interested in learning more about self-directed IRAs and/or American IRA, LLC.
  • The training will be offered via seminars and classes.
  • The American IRA staff will host private training for groups upon request tailored to the needs of each particular group.
  • Training will cover all levels from self-directed IRA beginners, intermediate, advanced, and creative techniques.

We already have interested parties requesting training at this location for their groups and welcome anyone that is interested in training to contact the American IRA, LLC office with their request.

Training center location: 100 Glendalough Court, Suite D2, Tyrone, GA 30290

Watch our events page for upcoming training opportunities or sign up for our educational e-mail list.

About:

American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!

To learn more about American IRA, LLC and self-directed IRAs/self-directed Solo 401(k)s, please contact our office at 1-866-7500-IRA(472).

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms ). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville, NC.

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.

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.”

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