iPlan Group SDIRA Real Estate

Real Estate Investments Using Solo 401k and Checkbook IRAs Soaring

According to the New York Times, inquiries about self-directed investment plans are up 196 percent. Because of low interest rates and home prices, real estate is a popular and often positive investment choice for both experienced and new self-directed investors.

Checkbook IRAs, which are LLCs or trusts owned by a self-directed IRA, and solo 401k’s are gaining more and more notice with lethargic stock growth and minimal interest rates. When you invest in real estate through a self-directed IRA or Solo 401k, you defer taxes on your investment and are able to see returns unheard of in today’s economic climate.

Many investors are worried that they will outlive their money, leaving a financial burden on their children. These fears are not completely unfounded; people are living longer than ever before. There is a strong possibility that retired individuals can live several decades past full-time work. In addition, those who were born after 1960 will also have to work longer, until age 67, to collect full Social Security benefits. As large numbers of Americans are facing a precipitous decline in their standard of living when they retire because of the length of life expectancy or minimal social security benefits, many people are considering working until late in life or never retiring at all.

If this sounds like you, take the time to consider an individual retirement account as soon as possible.

A self-directed retirement account may be just the answer. A solo 401k or checkbook IRA gives you full control over your account; you can use your funds to purchase income-producing real estate, mortgage notes and tax liens. Today’s real estate market is up for the taking, and savvy investors have the opportunity to see incredible profits.

After doing your due diligence, as you would for any investment, you can purchase a property through your account. Income generated from your investment goes right back into your account. It is possible to even live on the income from your investment without touching the principal in your account! If managing a property doesn’t sound like your cup of tea, you can purchase mortgage notes and tax liens to get in on the opportunity to invest in real estate.

The opportunity is yours for the taking. If you have questions, or want to get started,

Contact Us at 1-855-60-iPLAN (1-855-604-7526)