"Why haven't
I heard about this before?"
Most individuals don't know this
opportunity exists because most
IRA custodians do not offer truly
self-directed IRAs that allow Americans
to place their monies in real estate and other
non-traditional investments.
Often, when you ask your custodian/trustee, "Can
I place my retirement funds in
real estate?" they will say, "I've
never heard of that" or, "No,
you can't do that."
Now w hat they really mean is that
you can't do this at their company
because they have a vested interest
in getting you to invest in their
stock, mutual fund or CD products.
They are not really looking-out
for your best interest, they are
looking-out for the best interest
of their stockholders!
A truly self-directed IRA custodian
will not only allow you to invest
in all forms of real estate (or
other investments not prohibited
by the Internal Revenue Service*),
but will also handle all transactions
within your IRA under your direction.
For many years, corporations (large
and small) as well as individual
Americans have been using their
retirement funds to invest in real
estate using with IRAs, 401(k)s
and other pension plans. But because
most Americans have not been educated
about their options, they might
wonder, "Is this
legal?"
Well, quite simply, it is. Click
here to download IRS Publication
590 to learn more about for what you
can and cannot use your retirement
funds .
As mentioned before, due to its
tax-free/deferred status, a self
directed IRA placed in Private
Mortgages is one of the most powerful
wealth-building tools available.
But why is this? What benefits can
an IRA offer that your present
strategies cannot?
Next:
What are the benefits?
*see IRS publication 590
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