Did you know your IRA can purchase real estate? That’s right, since 1975 IRAs and 401k plans have been afforded the ability to purchase real estate, which has helped many investors create large nest eggs by investing in what they know and understand. As the famous investor Louis Glickman once said, “The best investment on earth is earth.”
By simply transferring your IRA from the bank or brokerage firm you are currently using to a self-
directed IRA administrator, you gain the ability to make your own investment decisions, without being
limited to the stock market. With all of the uncertainty in the stock market, now more than ever is the
time to learn how to take control of your retirement plan and invest in what you know and
understand … real estate!
Self-directed IRAs offer substantial tax advantages that have made many millionaire investors. The
greatest advantage is that IRA investors pay no capital gains tax when the property is sold by the IRA.
In addition, because the profit from the sale is deposited back into the IRA with no tax on gain or
growth, the investor enjoys the power of compound interest to invest the next real estate deal.
Although IRS 1031 exchanges can be used to fund partial IRA investments in real estate, self-directed
IRAs do not have the same limitations and holding periods, thus are much more flexible. Finally, if
you’re like many investors who are tired of poor-performing investments in stocks, bonds, and mutual
funds, self-directed IRAs offer true portfolio diversification; i.e., in real estate, to help build wealth via
tax-deferred or tax-free income-generating assets!
Your first step in purchasing real estate is to have a trusted Realtor who is knowledgeable in finding
your ideal property. Purchasing real estate with your IRA is very similar to conventional means, but IRS
regulations must be observed. As with any investing, it’s always appropriate to have competent advice
from tax and legal advisors. Beyond that, the best remedy to avoid problems with the IRS is to become
an educated investor by reading or attending a workshop or seminar on buying real estate in an IRA
offered by your local self-directed IRA Administrator.
The local self-directed IRA Administrator I work with is NuView IRA, Inc. based in Lake Mary, FL. To
learn more about the company, visit their website: www.nuviewira.com or call them at 407-367-3472.
*Neither myself nor my brokerage is in any way affiliated with NuView IRA, Inc. nor are we
compensated by them. Please do your own due diligence.