Owning Real Estate in Your IRA

In 1975, as part of the Employee Retirement Income Security Act (ERISA) and the creation of IRAs, Self-Directed IRAs were also permitted. “Self-Directed” means that you make the investment decisions about your retirement assets—in much the same way you may invest outside your retirement plan. With a Self-Directed IRA or other Self-Directed Plan, you are able to purchase a wide variety of assets including real estate, mortgages notes, tax liens, time share units and even limited liability companies.

Custodians hold title to the assets in your IRA. These companies are federally regulated trust companies and commercial banks and most of them only hold listed stocks, bonds and mutual funds. Only a small number of these custodians are interested in holding title to assets like real estate. Yet, all of Green4Wealth products like Land Banking are typically very low risk while providing a very high return opportunity.

In fact, the earning potential of acquiring real estate products using your IRA has caused many individuals and small business owners to rethink their current retirement strategies. Victor Lloyd Burgess, Founder of BBC Financial Group, Inc. (and Green4Wealth Affiliate) has said many times, “I wish I had known about Land Banking a few years ago. I can only imagine what things may have looked like today, if I was positioned back in 2006 with Land Banking in my portfolio as we moved through the flat market of 2007 and into the correction of 2008!” Mr. Burgess created the Chimera Wealth Defense Strategy which combines the three (3) major disciplines of Financial Planning with Tax and Estate Planning strategies for a three prong defense to help weather any market environment. With many of the non-traditional investments like Land Banking you can use in Self-Directed IRA’s, it is making loss recovery, catching up for late starters or building wealth more in reach of the average American.”

Using a Self-Directed Custodian, who can help you through the process of rolling or transferring your funds into a Self-Directed IRA and then purchasing non-traditional assets in your IRA, is very important. Mr. Burgess also agrees that, “should you decide to invest with a Self-Directed IRA, don’t try to do it yourself. Use a professional to handle the process and avoid the penalties of doing something incorrectly.”

Green4Wealth has partnered with MySelfDirect—a premier Self-Directed custodial product and service that specializes in handling real estate assets. MySelfDirect is all about helping you establish your Self-Directed IRA; communicating with your previous custodian to enact roll-over or transfer of funds to new Self-Directed IRA; receiving, documenting, and reporting all deposits; distributing and reporting all fund disbursements; reviewing suitability and paperwork for all your proposed investments; and providing all governmental filings.

With MySelfDirect, the purchase real estate in your IRA is simple and transparent. All you need to do is contact your Green4Wealth affiliate representative and they can help you open a Self-Directed IRA account online today.