Use Your IRA For Investing

After Testing Hundreds of Opportunities, Only a Few Created a Solid Six Figure Income. Click Here To Learn More!

Home Based Business Opportunities From Around The World Plus Candid Opinions On More Than 250 Different Opportunities.

40 Years Of Business Experience To Help You!

You Be The Judge

$600.00 NEW MONEY MAKING COURSE FOR YOU! Click Here

Have you heard the rumor that you can really use your IRA funds to buy and sell real estate? And all the profits are tax deferred until retirement?

Well, it’s true and perfectly legal... and has been for a long time! I have been using some of my IRA funds for several years now to purchase real estate and to invest as a private lender in rehab projects. And so can you, if you have the right type of retirement account and find an administer who allows true self-direction.

In order for this to work, you first have to have a self-directed IRA, 401(k), SEP-IRA or a Keogh. Secondly, you have to have your funds with a custodian, trustee or third party administrator (TPA) who allows complete self direction of the funds, within the framework of IRS rules, of course.

Let’s take a look at these two requirements in a little more detail.

If you do not have a self-directed retirement plan you are out of luck unless you can get your employer to amend his plan. Many employer plans do allow some self-direction but you are frequently limited to only those alternatives approved by your employer’s plan. Unfortunately, this is typically limited to company stock and a few mutual funds. If you are in this situation, you will not have access to your funds for real estate investments until retirement or until you otherwise leave the company and roll over your funds into a self-directed account.

The second step is having your self-directed account with an administrator who permits real estate transactions. Even though this type of investment is authorized by IRS rules, many administrators do not allow their clients to invest in direct real transactions (although they will typically permit investments in real estate mutual funds or REIT’s). An example would be Charles Schwab...this company administers self-directed IRA’s but does not allow direct real estate investments.

Be aware that if you have a self-directed IRA at let’s say Schwab, you can transfer a portion of your funds to another TPA who allows real estate investments. You are not required to transfer all of your funds to the new account. This flexibility provides you with the ability to fully diversify your retirement investments.

Real Estate Options

What real estate investment options do you have with your IRA money?

There are really no restrictions with regards to the type of investment you can make. Here’s some possibilities:

· Quick flip fixer-upper

· Rental property

· Tax lien certificates

· Mortgage notes

· Raw land

Note that you can use your funds in combination with other financing. For example, you could buy a fixer-upper with private (or institutional) lender funds for the acquisition costs and use your IRA funds to finance the rehab work. In other words, you don’t have to purchase properties using all of your own cash.

Also, some TPA’s are set up to provide your funds quickly so that you could bid at foreclosure auctions and tax sale auctions (if you have sufficient funds).

Restrictions

Investments you make with your IRA funds must be for investment purposes. You cannot purchase property for your own personal use i.e. your own home and you cannot sell any of your own property to your IRA. Additionally, you cannot lend money to or purchase property for or rent property to a family member. These would be considered prohibited transactions by the IRS.

Family members are considered disqualified persons and include spouse, ancestor, lineal descendant, and any spouse of a lineal descendant. Note that siblings (brother or sister) are not included in the definition of disqualified persons.

The bottom line is this... your IRA funds can be available for real estate investments. Follow the rules and watch your nest egg grow, tax deferred!

By Kevin C. Myers.

Learn about Currency Exchanging and Sports arbitrage the hottest unknown businesses on the Internet. Earn thousands monthly with very little risk and with only about 30 minutes per day from your home. My mentor Matt Gagon says, "this is an opportunity of a lifetime." For more information on his program click here.

Get Jan's Investment Secrets For Free!

Subscribe to Jan Gaudina's FREE e-zine; it's full of hot tips and techniques on making money with real estate as well as other money making opportunities. We're giving away hot money-making tips - but we need to hear from you today! Simply enter your e-mail address in the box below and click "Send Info" ($129 value - FREE for stopping by. Read a recent issue.

Special Offer: Subscribe now & receive this guide, "Grow Your Investments to $2,000,000 Or More In 5 Years" or Less! + other investment secrets for FREE!

Yes Jan, I'm tired of being a slave to a job (just over broke) with all the empty promises … and I'm ready to be my own boss building a lifetime stream of income. Please send me your free newsletter today.

WORK WITH A MENTOR AND LEARN THE SECRETS OF HOW TO EARN $5,000, $10,000, $15,000 A MONTH OR MORE WITHIN 90 DAYS!

WE HAVE TESTED HUNDREDS OF OPPORTUNITIES AND TWO OF THEM SHOULD CREATE A MID SIX FIGURE INCOME OR MORE FROM THE CONFORT OF YOUR HOME. CLICK HERE NOW TO LEARN HOW I DO IT, AND HOW YOU CAN DO IT TO.

Click Here Now!

Legal Statement | Privacy Statement | Delivery | Spam / Affiliate Policy | Links

AmeraDream Corporation

400 lakeshore Drive

Boulder, CO. 80302

Phone 303-575-1145

Fax 303-484-4595

For any information about our products, contact:

ameradream@aol.com