-
10-12-2010, 06:41 PM #1
SAVE your IRAs and 401k's!! Tax Free Investing is possible
With all the talk lately about crumbling financial markets and failing retirement plans, where can people turn to protect their nest egg??
Did you know that you can buy real estate directly through your retirement accounts?? It's true!
Most people believe that extracting money from an IRA, 401k, 403b and various others before age 59 1/2 subjects you to various tax penalties... In fact, there are several ways to access the funds without paying a dime in taxes. A 72-t distribution, for example, will allow you to extract at any age!
Better yet, you may not need to extract a dime from the accounts to get started recovering your losses or protecting your retirement! How?
By having your retirement accounts "self-directed"! This puts you in the driver seat of your own investment vehicle. Once a retirement account is self directed you can begin purchasing properties within the account. That's not the best part...
Perhaps the greatest benefit of exercising this option is the fact that ALL your gains are made completely TAX FREE! This means no capital gains tax on your earnings, all your cashflow as well as all your equity is protected from Uncle Sam by virtue of it being your retirement!
As an investor, I have begun marketing to people searching for solutions to their retirement accounts. We have a legal team that helps them with the self directing process and they are now able to partner in on deals with us. Currently in the U.S. there is more money spread out over retirement accounts than in all the banks combined! This is a huge market that has largely gone untapped!!
Just thought I'd share
Keala Kanae,
Real Estate InvestorDownload my Free eBook for help getting started in Real Estate Investing!
http://kealakanae.com/dirtydozenebook



LinkBack URL
About LinkBacks







Reply With Quote
Bookmarks