Posts Tagged ‘Solution’

IRA Financial Group Introduces Tax-Free Solution For Investing in Real Estate The Self-Directed Roth IRA

Tuesday, April 22nd, 2014


New York, NY (PRWEB) April 15, 2014

IRA Financial Group, the leading provider of self-directed Roth IRA LLC solutions introduces an IRS approved solution for investing in real estate tax-free with retirement funds. IRA Financial Groups checkbook control self directed Roth IRA LLC offers one the ability to use his or her retirement funds to make almost any type of real estate investment on their own without requiring the consent of any custodian or person, including real estate without tax or penalty. The IRS only describes the type of investments that are prohibited, which are very few. Our self-directed Roth IRA real estate solution is the ultimate tax shelter for real estate investors, stated Adam Bergman, a tax partner with the IRA Financial Group.

IRA Financial Groups Self-Directed Roth IRA LLC for real estate investors, also called a real estate IRA with checkbook control, 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 Roth IRA LLC involves the establishment of a limited liability company (LLC) that is owned by the Roth IRA (care of the Roth IRA custodian) and managed by the Roth IRA holder or any third-party. As manager of the Roth IRA LLC, the Roth IRA owner will have control over the Roth IRA assets to make the investments he or she wants and understand not just investments forced upon you by Wall Street.

The IRS has always permitted a Roth IRA to purchase real estate, raw land, or flip homes. With IRA Financial Groups self-directed Roth IRA LLC solution, investors can make real estate purchases and generate income and gains without ever paying tax stated Mr. Bergman. A growing number of clients are realizing that using self directed Roth IRA to make investments will become far more tax efficient than in prior years due to the increasing income tax rates, stated Jacky Ospina, a retirement tax specialist with the IRA Financial Group. One major advantage of buying rental properties with a Self-Directed Roth IRA is that all rental income generated by the property is tax-free until a distribution is taken.

Instead of buying real estate with personal funds and being subject to tax on the income or upon the disposition of the asset, a Self Directed Roth IRA real estate LLC with Checkbook Control will allow one to buy real estate, including rental properties without paying tax immediately. With a self-directed real estate Roth IRA, all income and gains generated by the IRA LLC investment will flow back to the IRA tax-free

Adam Bergman, a tax partner with the IRA Financial Group, expands on the benefits of using a self-directed Roth IRA LLC with checkbook control to make investments, By using retirement funds to make investments, retirement investors will have the ability to generate income or gains without ever paying tax. Using a Self-Directed Roth IRA allows one to take advantage of the best remaining legal tax shelter. Stated Mr. Bergman.

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 Facilitator. 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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Systemates Inc. Client Ensign Group Speaks on Unexpected Benefits of Implementing a Project Management Solution

Tuesday, December 17th, 2013

La Jolla, CA (PRWEB) December 03, 2013

Award-winning software company, Systemates Inc., announced today that Andy Ashton, Director of Construction and Renovation Services, at Ensign Services recently spoke at the Construction Owners Association of America Leadership Conference. Construction owners from around the country attended the conference at Torrey Pines in La Jolla, California October 30- November 1. Ashton was part of a roundtable discussion where three different owners discussed how they implemented a construction project management solution and how those solutions are currently helping their programs.

Many of the key ideas touched on during the discussion were the unexpected benefits that came from implementing a project management solution. Ensign Group, a group of long-term and short-stay rehabilitation centers, teamed up with Projectmates construction project management software for capital improvement projects at 116 skilled nursing and rehabilitative facilities across the country. Previously, they relied on Excel spreadsheets, emails, and conference calls. Frankly, we were very disorganized in terms of how we managed our construction renovation process, said Ashton. Projectmates has not only structured communication and collaboration but, has allowed Ensign Group the ability to reduce our change orders by 90% just by being more organized.

Since implementing Projectmates, Ensign Group has also observed a reduction in time and paperwork with electronic submittal and approval processes, better document management and tracking, easier access to files for those involved in the project, accessibility from the iPad, and easy modifications and customizations. Claims Aston, Weve only had our system in place for four months but it has completely transformed in that four month period the way we go about our business.

Integration of Projectmates data with their accounting software, MS Great Plains, is planned to be completed in next few weeks. This will allow the contractors to enter their invoices online in Projectmates, reviewed by the project team and automatically sent to their Accounting system for processing payments. This is going to save so much time in double entry. This is huge for us! says Ashton.

About COAA

COAA was founded in 1994 to serve the interests of construction project owners. COAA is comprised of a diverse group of men and women representing construction project owners throughout America. COAA is dedicated to making a significant and lasting impact on the construction industry through its leadership by creating a unified, collective voice for owners’ issues in the construction process. Owners and Developers, both public and private, have needed a forum. A meeting place to gather, share common goals, learn, discuss, survey the future and share a collective voice. These are the goals that fostered the founding of Construction Owners Association of America. To learn more about COAA, visit http://www.coaa.org.

About Systemates, Inc.

Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owners representatives with a secure, sophisticated project management construction software solution. Projectmates collaborative platform dramatically improves project execution, cuts costs and delays, increases accountability, and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 44,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Dallas, Texas. To learn more about Projectmates by Systemates visit http://www.projectmates.com or follow us on Facebook/Projectmates.







Regal Entertainment Group Selects Lx Contracts from Lucernex Technologies for its Lease Administration Solution

Wednesday, January 23rd, 2013


Dallas, TX (PRWEB) January 22, 2013

Lucernex Technologies announced today that Regal Entertainment Group, operator of the largest theatre circuit in the United States, has selected Lucernexs cloud-delivered Lx Contracts solution to manage its entire portfolio consisting of 6,899 screens in 544 locations in 38 states and the District of Columbia. Lx Contracts will replace Regals legacy system, SLIM.

We selected Lucernex due to their quality, high performance product and their industry reputation, said Peter Altmann, Vice President of Property Management at Regal. We did our research and found that Lucernex has a reputation for quickly delivering a quality product and quality customer service.

Lx Contracts is being implemented using Lucernexs RAPID methodology to enable go-live in under 3 months including a full data conversion of their legacy system and integrations into their internal financial systems.

We are very happy to have Regal Entertainment Group as a client,” said Joe Valeri, President and COO of Lucernex. Lucernex was perfectly positioned to provide Regal with a fast, accurate implementation of our market leading cloud solution.

Lx Contract is the market leading cloud-delivered lease administration and rent accounting solution for retailers. It is one module of Lucernexs complete Store Lifecycle Management solution, Lx Retail, which was purpose built by experts in retail, for retailers.

About Regal Entertainment Group

Regal Entertainment Group operates the largest and most geographically diverse theatre circuit in the United States, consisting of 6,899 screens in 544 locations in 38 states and the District of Columbia as of November 30, 2012. The Company operates theatres in 43 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company’s theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.

About Lucernex

Founded in 2000, Lucernex Technologies provides retail real estate professionals with powerful cloud-based solutions to manage the store lifecycle. All Lucernex solutions were designed by retailers for retailers and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the corporate real estate, hospitality and retail industries use Lucernex Technologies solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit http://www.lucernex.com.







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