Did you know you can invest your retirement account in real estate? Few people are aware that the IRS allows the use of self-directed IRAs to purchase an investment property. All rental income would accumulate tax free, as would any capital gains when you sell the property. Just like any other investment in an IRA (stocks, mutual funds), all appreciation derived from real estae is tax deferred. If you have a Roth IRA, capital gains and income would be exempt from any taxes. With so many bargains out there right now in real estate, this can be a great way to invest your IRAs or SEPs.
Most brokerage firms or mutual funds are not equipped to deal with the administration of holding individual properties of real estate in an IRA account. I'll be glad to answer questions you might have and/or put you in touch with administrator who specializes in these real estate related IRAs. I can also help you find an investment property that is right for you. You can reach me at 615-545-86511 or at jeff@jefffulmer.com.
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