Monday, July 11, 2011

Self Directed IRA Real Estate IRA LLC


Have you thought about your future retirement plan? If so, you might want consider retiring with a self-directed IRA. There are a lot of retirement plans in the market today. Most retirement plans get your savings locked up in the account until your retire. However, there are plans wherein it allows you to invest in properties for future use - The self-directed IRA. A self-directed IRA is an account that lets owners make their investing choices and decisions. This IRA offers you many investment opportunities. Either you maintain a self directed IRA real estate IRA LLC.


Traditional IRAs are only allowed to invest in stocks, bonds, and mutual funds. Thus, opportunities of investing here are limited. But with a self-directed IRA, you can invest in any property you want. You can also invest in real estate. A real estate IRA is the investment on real estate properties such as land, houses, duplexes, and multi-unit buildings. A real estate investment is a great idea. It gives steady income to your account. You can either rent or sell your real estate property for income. A real estate's value appreciates over time. So if you plan to "buy and sell" real estates, it may take some time before you can sell it and gain profit. However, once you sell at its maximum value; then profit is higher.


A limited liability company (LLC) is also an investment under a self-directed IRA. Normal IRA accounts require custodians for supervision. Custodians charge fees per transaction and is regarded as very costly from owners. An LLC is a company where it allows the owner to have checkbook control. Checkbook control means the owner has the ability to invest anytime and anywhere. The good thing is the owner doesn't have to ask for the custodian's approval before investing.


Another advantage of an LLC is the protection of the IRA assets. An LLC's liability is limited to the company only. Hence, any liability of the LLC is isolated to the LLC. The company's resources may be used to pay the pending obligations. Assets under IRA are secured from all the LLC's liability even though it is part of the IRA also. Self directed IRA real estate IRA LLC; there are still some certain rules to follow. The IRS has established some rules to set a just and fair trade among IRA owners.

A rule you should be aware of is the prohibition of any sale, direct or indirect, between disqualified persons. Disqualified persons are your immediate family members, your employer, 50% or more ownership of the account, and your custodian. This rule is set up to prevent "self-dealing" from happening.



Another one is you cannot buy or sell property from and to your IRA. You cannot lend or borrow money to and from your IRA. IRA investments cannot be used personally by the owner. Any compensation received by the owner from the IRA account in whatever form is strictly illegal. These are some rules you need to keep in mind. Remember to always follow the rules when you plan to invest in self directed IRA real estate IRA LLC. Investing isn't as easy as drinking a cup of coffee. Hard work, determination, and perseverance are needed.






IRA LLC : Life After Retirement

For more information visit

http://www.MyRealEstateira.com/

http://www.MyRealEstateIra.com/products/real-estate-ira-llc/

Call Us! 866-683-5228



No comments:

Post a Comment