RE Investment Via Self-Directed IRA – A Welcome Option
Posted @ 10:14 am - Filed under 401(k)'s & IRA's, Buying Income Property, Capital Growth, Cash Flow
Had the best conversation of the young year yesterday. Spoke with the CPA who’ll be comin’ on board as a regular, though time limited contributor. (Tax season = weekly posts…NOT) Anywho, among other subjects, we spent a half hour cussin’ and discussin’ the acquisition of real estate through the various available self-directed retirement plans (IRA/401 ’solo’/Sep/Roth) and the various strategies I’d planned on discussing at great length.
We agreed there’s much misinformation and plain bad info out there. For example, some think real estate inside an IRA etc., will be taxed — not true. Even some ‘expert’ websites word their blurbs on the topic in ways ripe for either incorrect inferences by readers, or maddening ambiguity designed to protect the authors, only serving to confuse.
We’ll have none of that here. Plain English will be employed to explain the What, When, How, Why, and if necessary Where. Investing for capital growth? You can. Need retirement cash flow? Much easier and far more predictable and reliable than the stock market. Ah — predictable and reliable, a welcome duo if ever there was one.
Also, I’m working hard to bring on a high ranking officer of a major trust company specializing in Self-Directed IRAs and the laws, rules & regulations surrounding them.
Bottom line? This isn’t new to me. I’ve been studying and researching this investment vehicle/approach since about 2000 or so. When the smoke clears, it’s not rocket science. ‘Course nothing is if you know what you’re doing, have a Plan, and do things on Purpose. That said, you absolutely want a team of slam dunk experts on your team. I’ll deliver that to you ready to go.
There’ll be more pros behind the scenes, but you get the idea. Meanwhile, back a BawldGuyRanch, have a great weekend — Playoffs!
Contact me at 619 889-7100.
This entry was posted on Saturday, January 16th, 2010 at 10:14 am and is filed under 401(k)'s & IRA's, Buying Income Property, Capital Growth, Cash Flow. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.