Friday, January 4, 2013

TAP YOUR I.R.A. NOW TO INVEST IN THIS RECOVERING HOUSING MARKET -- TAX FREE!

Did you know you can tap your IRA right now and invest in this rebounding housing market, TAX-FREE with NO EARLY WITHDRAWAL PENALTY? As an alternative to investing your IRA money in stocks, bonds, etc., a Self-Directed IRA allows you to take advantage of real estate investment opportunities now while home prices are down and mortgage rates are still at historic lows!

A Self-Directed IRA allows the account owner to make investments on behalf of the retirement plan -- like a regular IRA -- and that either a qualified trustee (for example, a company that specializes in this), or custodian, simply hold the IRA assets on behalf of the IRA owner. The appreciation and/or passive income on your real estate investment then grows within this IRA, tax-free.

Real estate purchased may include residential and commercial properties (both in the U.S. & Internationally), farmland, raw land, new construction, property renovation, development, and passive rental income. Real estate purchased in a Self-Directed IRA can also have a mortgage placed against the property, thus lowering the amount of total cash needed for a purchase.

If you'd like more information -- or would like a referral to a qualified local agent who can assist you -- please contact me at Elaine.Mallon@SothebysRealty.com. If you think you don't have the money to take advantage of today's housing market, please consult your financial planner or tax advisor and think again!

http://www.sothebysrealty.com/eng/associate/180-a-928-4026437/elaine-mallon