Miami, FL (PRWEB) May 29, 2013
IRA Financial Group, the leading facilitator of self directed IRA LLC structures announces the finding of a 2013 client survey that found a strong percentage of self directed IRA and Solo 401k plan investors that established an IRA for real estate or Solo 401K plan for real estate experienced strong gains in their real estate investments. The IRA Financial Group survey is consistent with The Standard & Poors Case-Shiller index which announced on May 28, 2013 that home prices in March rose by 10.9% compared to one year earlier, the largest such gain in nearly seven years.
Retirement investors are beginning to reap the rewards of real estate investments made over the last few years into a depressed U.S. real estate market, stated Adam Bergmam, a tax attorney with the IRA Financial Group. By purchasing the real estate assets in a self-directed IRA LLC, the investors have been able to defer the tax due on the gains and re-invest those funds into additional real estate investments, stated Mr. Bergman.
According to Mr. Bergman, IRA Financial group helped thousands of retirement investors establish self-directed retirement solutions in order to take advantage of a real estate market that many believe had it the bottom.
The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. With IRA Financial Groups self-directed IRA LLC solution, buying rental properties is as simple as writing a check and is tax-free, stated Scott krokoff, a tax attorney with the IRA Financial Group. As the manager of your Self-Directed IRA LLC, the IRA holder will have control over his or her IRA funds so that a real estate purchase can be made by simply writing a check, stated Mr. Krokoff. One major advantage of buying rental properties with a Self-Directed IRA is that all rental income generated by the property is tax-deferred until a distribution is taken (Traditional IRA distributions are not required until the IRA owner turns 70 1/2). In the case of a Self-Directed Roth IRA LLC, all gains are tax-free.
IRA Financial Groups true self-directed IRA LLC solution involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make real estate and other investments tax-free and without custodian consent.
