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Little-Known Secret Allows Real Estate Investors to Create True Wealth
Historically, real estate has given many Americans a stable investment vehicle that provides both income and appreciation. What most people don't know is that one of the greatest tools available to real estate investors is government-sponsored retirement plans, such as an IRA.
Most investors believe that their only IRA investment options are bank CDs, the stock market, and mutual funds. (That's true only if you keep you IRA money in a traditional investment firm or your local bank.)
Few Americans realize that they have the option to self-direct their IRAs and other retirement plans into real estate—and that they can benefit from the tax advantages those plans provide. IRA investments earn tax-deferred/tax-free profits.
And, with today's depressed real estate prices, the opportunity to out-perform the stock market is very real.
Plus, imagine not having to pay taxes right away—or ever—on your real estate deals. Instead of paying 25%, or 30%, or even 50% of your profits to the government in taxes, you keep it.
Additional advantages of the real estate IRAs include:
- The power of compound interest
- A reduction of taxable income
- Asset protection
- Estate planning
If you're looking to diversify your retirement portfolio, the combination of real estate and your IRA can be very powerful. I have set-up a real estate IRA for my family and friends and I'll be happy to share our experiences with you.
There are only a few companies nationally that provide the real estate IRA custodian services required for this type of investment. My favorite is Equity Trust Company (ETC) in Elyria, Ohio or just call me at 970-234-9891.
ETC's website will explain everything: www.Trustetc.com
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