IRA Real Estate Investing, Is It a Good Idea?

Investment Strategies
Is IRA real estate investing a good idea? ???? In this video we will discuss 7 key points to consider when deciding if buying that house with your IRA is the really the best way to invest your hard-earned money. ????????

The 7 key points include:

1. Your IRA Cannot Purchase Property Owned by You or a Disqualified Person.

2. You Cannot Have “Indirect Benefits” from Property Owned by Your Self-Directed IRA.

3. Titling Your IRA – You and your IRA are two separate entities. As such the investment needs to be titled in the name of your IRA—not to you personally. All documents related to the investment must be titled correctly to avoid delays.

4. Real Estate in an IRA Can be Purchased without 100% Funding from Your IRA.

5. IRA Investments that use Financing Must Pay UBIT

6. Expenses Must Be Paid from Your IRA.

7. Real Estate IRA Income Must Return to Your IRA

Other things to consider:

✅ Rental income may fall under UBTI which can cause other headaches – Unrelated Business Income Tax

✅ The IRA owner is unlikely to be able to recognize taxable losses in the IRA

✅ The IRA owner is unlikely to be able to take depreciation expense

✅ The IRA owner may have to recognize taxable income, even when the real estate is in an IRA

✅ You may be turning long-term capital gains into ordinary income

✅ Per IRS requirements, the IRA must valued each year by 12/31, requiring an appraisal fee each year – which must come from the IRA.

“Education is the Key to a Successful Financial Future”

Subscribe today so you don’t miss an update! https://www.youtube.com/channel/UClwtLInqEcotvIiZ5ABHYIQ

⏱To schedule an appointment just click the link: https://meetme.so/LoftusWealth

Share this video with a friend:

✉️ If you have questions or would like to see a video on a certain topic email us at [email protected]

https://www.investopedia.com/articles/personal-finance/111615/using-your-ira-buy-investment-property.asp

bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx [4/26/18]

Loftus Wealth Strategies
Michael P. Loftus
http://www.loftuswealthstrategies.com/

Check us out on social media!
✅ FACEBOOK – https://www.facebook.com/loftuswealth…
✅ TWITTER- https://twitter.com/mpllws
✅ LINKEDIN – https://www.linkedin.com/in/mloftus28

Not ready for retirement but want to feel confident that when you get there you’ll be able to enjoy it? We are now offering our financial planning service for only $999! This is a great offer and a small price to pay for peace of mind.

???? https://www.loftuswealthstrategies.com/financial-plan

FEAR & GREED http://money.cnn.com/data/fear-and-gr…

Check out our KIT page to learn what equipment we use for our videos

???? https://kit.com/search?term=djwedge28

-~-~~-~~~-~~-~-
Please watch: “What Happens to My Digital Assets When I Die?”

-~-~~-~~~-~~-~-

Products You May Like

Articles You May Like

Skyrocketing Prices Cause Businesses To Close In The West
Are Mandates coming back?!?! #shorts
Real Estate Market Forecast 2023 | Realtor.com | Living In Atlanta Georgia | Part 5
Housing Market and The Economic Recession: A Look into 2023 Real Estate
The US is actually making Ukraine WEAKER! #shorts

Leave a Reply

Your email address will not be published. Required fields are marked *