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IRA Financial Group Report shows that with limited opportunity to finance real estate, self-directed IRA LLC investors using cash taking advantage of attractive real estate opportunities
New York, NY (PRWEB) February 20, 2014
IRA Financial Group, the leading facilitator of self-directed IRA LLC solutions, announces the finding of its internal report, which focused on the 2013 taxable year, that found that the ability to use retirement funds in cash real estate transactions has helped IRA Financial Groups self-directed IRA LLC clients take advantage of attractive real estate investment opportunities. "By using a self-directed IRA that has cash and not requiring a mortgage or other financing, our clients have has great success in finding and closing on attractive real estate deals," stated Susan Glass, a tax professional with the IRA Financial Group. "The 'Checkbook Control' Self-Directed IRA has helped our retirement clients move quick on a potential real estate investment opportunities," stated Ms. Glass.
The primary advantage of using a Self Directed IRA LLC to make investments is that investments can be made by simply writing a check. In addition, all income and gains associated with the IRA investment grow tax-deferred and return to the IRA LLC.
With IRA Financial Groups self directed IRA LLC solution, traditional IRA or Roth IRA funds can be used to buy real estate throughout the United States and globally in a tax-deferred account by simply writing a check and without the need of custodian consent or steep custodian fees. "The growth in the real estate market in 2013 has allowed our clients to generate significant growth in their retirement accounts through appreciation in their Self-Directed IRA LLC account," stated Adam Bergman, a tax partner with the IRA Financial Group.
According to Mr. Bergman, "IRA Financial Groups Self-Directed IRA LLC for real estate investors, also called a real estate IRA with checkbook control or a Self-Directed real estate IRA, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. The Self-Directed IRA LLC involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the Roth IRA custodian) and managed by the IRA holder or any third-party. As a result, the Self-Directed IRA LLC provides the retirement account holder with greater control over his or her retirement assets allowing the individual to make traditional as well as non-traditional investments, such as real estate tax-deferred and with much lower annual fees.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market's leading checkbook control Self Directed IRA and Solo 401(k) Plan provider. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.
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