Self-directed IRAs or real estate IRAs have been around for decades. While most investors aren’t aware that real estate IRAs are even a possibility, I'm here to tell you it’s a simple process to get started.
Real estate has historically been an investment that offers the potential for both income and appreciation. Many people feel more comfortable investing in something they can see, feel and walk-through – and all are benefits that come with investing in real estate.
Using funds held in your government-sponsored retirement plans such as IRAs and 401(k) to purchase real estate offer several advantages:
* tax-deferred growth on your holdings
* possibility of tax-free growth if you qualify for a Roth IRA
* diversification away from traditional investments like stocks, bonds and CDs.
No comments:
Post a Comment