3 Ways to Invest in Real Estate with IRA/401k Funds
Monday, June 09
There are several ways to invest your IRA in real estate. Your IRA can hold direct title, create a partnership, loan money or invest in a company that owns real estate. Here are some details explanations on the most common three strategies.Hold direct title to real estateThe most common approach ...
My 3 Most Common UBIT Questions and Answers
Thursday, June 05
As a self-directed IRA provider, we get frequent questions about UBIT, taxes on IRAs and taxes on other retirement accounts every day. Most perplexing to clients, it seems, is Unrelated Business Income Tax, or UBIT. Here are three of our most commonly asked questions and our answers.Question:...
Top 7 Benefits of a Truly Self-Directed Solo(k) Plan
Wednesday, June 04
What is an Solo(k) anyways?The Solo(k) also known as Individual(k), Individual 401(k), Uni(k), and One-Participant(k) operates in essentially the same way that a 401(k) retirement plan offered by a large employer does. In fact, the official IRS designation for this type of account is a . The Solo...
3 Questions Every Real Estate Professional Should Ask Clients
Friday, May 30
Written by: Catherine Wynne Real estate professionals should look at their clients, not just in terms of buying and selling their personal residences, but also in terms of being real estate investors. You think your clients do not have enough cash to invest in real estate? Think again. ...
Real Estate IRAs: How the IRS treats Prohibited Transactions
Thursday, May 29
When it comes to owning real estate assets in an IRA, it may be tempting to live in the property or work on the property before it is distributed out of the IRA. However, these are prohibited by the IRS and can result in steep penalties and a distribution of the account. ...
5 Little Known Facts about Real Estate IRA Investing
Thursday, May 29
1. An IRA can secure a loan in order purchase an asset. If you have a property in mind but don’t have the funds in your account to purchase it outright, the IRA may be able to secure a non-recourse loan. Keep in mind that not all lenders make this type of loan, and, because the lende...